MRSH vs XTIA: Correlation
Measured on weekly returns over the past three years, Marsh McLennan (MRSH) and XTI Aerospace, Inc. (XTIA) carry a correlation of -0.24, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MRSH and XTIA?
Across a 3-year window, the weekly returns of MRSH and XTIA correlate at -0.24, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.11) runs above the 3-year figure (-0.24). Stretching to 5 years gives -0.08, with an annualized covariance of -548.6 %².
Out of 38 assets tracked against MRSH, XTIA lands near the bottom at #37. The last year tells two different stories: MRSH led by 19.0 percentage points, -6.0% for MRSH against -25.0% for XTIA. One caveat on sizing: XTIA is 7.0 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.
MRSH vs XTIA: side by side
| MRSH (Marsh McLennan) | XTIA (XTI Aerospace, Inc.) | |
|---|---|---|
| 1-year return | -6.0% | -25.0% |
| 5-year return | +31.3% | -100.0% |
| Volatility (ann.) | 18.1% | 127.5% |
| Beta vs S&P 500 | 0.33 | 0.29 |
| Max drawdown (3Y) | -34.4% | -100.0% |
| Market cap | $90.7B | $0.1B |
| P/E (trailing) | 23.6 | – |
| Dividend yield | 1.91% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | MRSH | XTIA |
|---|---|---|
| 2022 | -3.5% | -96.2% |
| 2023 | +16.1% | -96.7% |
| 2024 | +13.7% | -99.2% |
| 2025 | -11.3% | -88.5% |
| 2026 | +4.0% | +11.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MRSH and XTIA good diversifiers for each other?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
FAQ
What is the correlation between MRSH and XTIA?
As of 2026-08-27, the correlation of weekly returns between MRSH and XTIA is -0.24 over 3 years, -0.11 over 1 year and -0.08 over 5 years.
Is XTIA a good diversifier for MRSH?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
What does a correlation of -0.24 mean?
A reading of -0.24 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/mrsh-vs-xtia.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/mrsh-vs-xtia/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: MRSH correlations · XTIA correlations
