OTIS vs UPXI: Correlation
How closely do Otis Worldwide (OTIS) and Upexi, Inc. (UPXI) 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 OTIS and UPXI?
Over the past 3 years, OTIS and UPXI moved with a correlation of -0.17, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.13) sits close to the 3-year figure. Over 5 years the correlation is -0.10, and the annualized covariance of weekly returns is -1200.8 %².
Within OTIS's tracked universe of 31 assets, UPXI comes in at #23 by 3-year correlation. Correlation aside, the last 12 months split them widely, with OTIS ahead by 69.1 points (-16.8% versus -85.9%). Risk is not evenly split, since UPXI carries 19.1 times the volatility of the other side.
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.
OTIS vs UPXI: side by side
| OTIS (Otis Worldwide) | UPXI (Upexi, Inc.) | |
|---|---|---|
| 1-year return | -16.8% | -85.9% |
| 5-year return | -15.9% | -98.9% |
| Volatility (ann.) | 19.1% | 364.4% |
| Beta vs S&P 500 | 0.59 | 5.11 |
| Max drawdown (3Y) | -32.4% | -98.5% |
| Market cap | $27.2B | $0.1B |
| P/E (trailing) | 18.4 | 2.0 |
| Dividend yield | 2.35% | 0.00% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | OTIS | UPXI |
|---|---|---|
| 2022 | -8.8% | -25.4% |
| 2023 | +16.0% | -61.3% |
| 2024 | +5.2% | -84.9% |
| 2025 | -4.0% | -52.1% |
| 2026 | -16.8% | -31.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OTIS and UPXI good diversifiers for each other?
By historical standards, yes. A correlation of -0.17 means the two rarely move for the same reasons.
FAQ
What is the correlation between OTIS and UPXI?
The OTIS/UPXI correlation stands at -0.17 on a 3-year window (1 year: -0.13, 5 years: -0.10), computed from weekly returns as of 2026-08-27.
Is UPXI a good diversifier for OTIS?
By historical standards, yes. A correlation of -0.17 means the two rarely move for the same reasons.
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/otis-vs-upxi.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/otis-vs-upxi/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: OTIS correlations · UPXI correlations
