MXC vs WOOF: Correlation
Mexco Energy Corporation (MXC) and Petco Health and Wellness Company, Inc. (WOOF) show a negative relationship: their 3-year correlation of weekly returns is -0.22.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MXC and WOOF?
Across a 3-year window, the weekly returns of MXC and WOOF correlate at -0.22, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.37 versus -0.22 over 3 years. Stretching to 5 years gives -0.11, with an annualized covariance of -1160.6 %².
By 3-year correlation, WOOF places #40 of the 56 assets tracked against MXC. The last year tells two different stories: MXC led by 36.9 percentage points, +21.6% for MXC against -15.3% for WOOF.
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.
MXC vs WOOF: side by side
| MXC (Mexco Energy Corporation) | WOOF (Petco Health and Wellness Company, Inc.) | |
|---|---|---|
| 1-year return | +21.6% | -15.3% |
| 5-year return | +7.2% | -87.2% |
| Volatility (ann.) | 62.1% | 84.1% |
| Beta vs S&P 500 | -0.31 | 1.55 |
| Max drawdown (3Y) | -60.6% | -72.3% |
| Market cap | – | $0.8B |
| P/E (trailing) | 13.0 | 135.5 |
| Dividend yield | 1.02% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MXC | WOOF |
|---|---|---|
| 2022 | +33.0% | -52.1% |
| 2023 | -26.2% | -66.7% |
| 2024 | +24.6% | +20.6% |
| 2025 | -10.8% | -26.2% |
| 2026 | -0.6% | -3.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MXC and WOOF good diversifiers for each other?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between MXC and WOOF?
The MXC/WOOF correlation stands at -0.22 on a 3-year window (1 year: -0.37, 5 years: -0.11), computed from weekly returns as of 2026-08-27.
Is WOOF a good diversifier for MXC?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.22 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/mxc-vs-woof.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/mxc-vs-woof/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MXC correlations · WOOF correlations
