OXSQ vs VUZI: Correlation
Oxford Square Capital Corp. - Closed End Fund (OXSQ) and Vuzix Corporation (VUZI) show a negative relationship: their 3-year correlation of weekly returns is -0.26.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are OXSQ and VUZI?
Over the past 3 years, OXSQ and VUZI moved with a correlation of -0.26, which is negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.51) runs below the 3-year figure (-0.26). Over 5 years the correlation is -0.08, and the annualized covariance of weekly returns is -735.3 %².
Within OXSQ's tracked universe of 20 assets, VUZI comes in at #11 by 3-year correlation. Correlation aside, the last 12 months split them widely, with VUZI ahead by 46.9 points (-20.9% versus +26.0%). Note the risk asymmetry: VUZI runs 4.1 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
OXSQ vs VUZI: side by side
| OXSQ (Oxford Square Capital Corp. - Closed End Fund) | VUZI (Vuzix Corporation) | |
|---|---|---|
| 1-year return | -20.9% | +26.0% |
| 5-year return | -29.3% | -79.1% |
| Volatility (ann.) | 26.1% | 108.2% |
| Beta vs S&P 500 | 0.39 | 2.21 |
| Max drawdown (3Y) | -46.0% | -79.6% |
| Market cap | $0.1B | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 31.11% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | OXSQ | VUZI |
|---|---|---|
| 2022 | -14.4% | -58.0% |
| 2023 | +9.2% | -42.6% |
| 2024 | -1.9% | +88.5% |
| 2025 | -13.3% | -4.1% |
| 2026 | -8.5% | -30.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OXSQ and VUZI good diversifiers for each other?
Yes. With a correlation of -0.26, OXSQ and VUZI have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between OXSQ and VUZI?
As of 2026-08-27, the correlation of weekly returns between OXSQ and VUZI is -0.26 over 3 years, -0.51 over 1 year and -0.08 over 5 years.
Is VUZI a good diversifier for OXSQ?
Yes. With a correlation of -0.26, OXSQ and VUZI have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.26 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/oxsq-vs-vuzi.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/oxsq-vs-vuzi/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: OXSQ correlations · VUZI correlations
