MLGO vs XYZ: Correlation
How closely do MicroAlgo, Inc. (MLGO) and Block, Inc. (XYZ) trade together? Their weekly returns over three years give a correlation of -0.17, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MLGO and XYZ?
Across a 3-year window, the weekly returns of MLGO and XYZ correlate at -0.17, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.42 versus -0.17 over 3 years. Stretching to 5 years gives -0.10, with an annualized covariance of -4175.2 %².
Among the 33 assets we track against MLGO, XYZ ranks #16 by 3-year correlation. The last year tells two different stories: XYZ led by 59.8 percentage points, -52.9% for MLGO against +6.9% for XYZ. One caveat on sizing: MLGO is 9.8 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
MLGO vs XYZ: side by side
| MLGO (MicroAlgo, Inc.) | XYZ (Block, Inc.) | |
|---|---|---|
| 1-year return | -52.9% | +6.9% |
| 5-year return | -100.0% | -68.8% |
| Volatility (ann.) | 489.7% | 50.2% |
| Beta vs S&P 500 | -2.77 | 1.80 |
| Max drawdown (3Y) | -100.0% | -53.0% |
| Market cap | – | $51.0B |
| P/E (trailing) | 1.9 | 151.5 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | MLGO | XYZ |
|---|---|---|
| 2022 | -87.6% | -61.1% |
| 2023 | -27.0% | +23.1% |
| 2024 | -97.9% | +9.9% |
| 2025 | -96.1% | -23.4% |
| 2026 | -6.3% | +30.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MLGO and XYZ good diversifiers for each other?
Yes: at -0.17, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between MLGO and XYZ?
The MLGO/XYZ correlation stands at -0.17 on a 3-year window (1 year: 0.42, 5 years: -0.10), computed from weekly returns as of 2026-08-27.
Is XYZ a good diversifier for MLGO?
Yes: at -0.17, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.17 mean?
A reading of -0.17 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/mlgo-vs-xyz.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/mlgo-vs-xyz/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: MLGO correlations · XYZ correlations
