OXM vs UPBD: Correlation
Measured on weekly returns over the past three years, Oxford Industries, Inc. (OXM) and Upbound Group, Inc. (UPBD) carry a correlation of 0.47, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are OXM and UPBD?
Across a 3-year window, the weekly returns of OXM and UPBD correlate at 0.47, moderate. The relationship has been stable: the 1-year correlation (0.51) sits close to the 3-year figure. Stretching to 5 years gives 0.36, with an annualized covariance of 923.8 %².
In OXM's tracked universe of 13 assets, UPBD sits right near the top at #3. Over the last 12 months OXM came out ahead by 10.6 percentage points (-9.2% against -19.8%).
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.
OXM vs UPBD: side by side
| OXM (Oxford Industries, Inc.) | UPBD (Upbound Group, Inc.) | |
|---|---|---|
| 1-year return | -9.2% | -19.8% |
| 5-year return | -50.3% | -60.7% |
| Volatility (ann.) | 47.0% | 41.4% |
| Beta vs S&P 500 | 1.00 | 1.23 |
| Max drawdown (3Y) | -69.4% | -54.2% |
| Market cap | $0.6B | $1.1B |
| P/E (trailing) | – | 12.6 |
| Dividend yield | 7.14% | 8.02% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | OXM | UPBD |
|---|---|---|
| 2022 | -6.1% | -49.9% |
| 2023 | +10.0% | +57.9% |
| 2024 | -18.9% | -10.1% |
| 2025 | -54.0% | -35.4% |
| 2026 | +17.3% | +14.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OXM and UPBD good diversifiers for each other?
Reasonably. At 0.47, OXM and UPBD keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between OXM and UPBD?
The OXM/UPBD correlation stands at 0.47 on a 3-year window (1 year: 0.51, 5 years: 0.36), computed from weekly returns as of 2026-08-27.
Is UPBD a good diversifier for OXM?
Reasonably. At 0.47, OXM and UPBD keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.47 mean?
On the −1 to +1 scale, 0.47 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/oxm-vs-upbd.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/oxm-vs-upbd/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: OXM correlations · UPBD correlations
