OXY vs WFCF: Correlation
Occidental Petroleum (OXY) and Where Food Comes From, Inc. (WFCF) 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 OXY and WFCF?
On 3 years of weekly data the OXY/WFCF correlation comes out at -0.22, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.34) than the 3-year average (-0.22). The 5-year figure is -0.14, and annualized covariance runs at -386.8 %².
By 3-year correlation, WFCF places #29 of the 38 assets tracked against OXY. The last year tells two different stories: OXY led by 18.5 percentage points, +28.9% for OXY against +10.4% for WFCF. Risk is not evenly split, since WFCF carries 1.9 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.
OXY vs WFCF: side by side
| OXY (Occidental Petroleum) | WFCF (Where Food Comes From, Inc.) | |
|---|---|---|
| 1-year return | +28.9% | +10.4% |
| 5-year return | +150.8% | +0.4% |
| Volatility (ann.) | 30.6% | 57.1% |
| Beta vs S&P 500 | 0.13 | 0.27 |
| Max drawdown (3Y) | -46.9% | -49.1% |
| Market cap | $59.1B | $0.1B |
| P/E (trailing) | 17.3 | 45.7 |
| Dividend yield | 1.71% | 0.00% |
| Sector / category | Energy | US Listed |
Year-by-year returns
| Year | OXY | WFCF |
|---|---|---|
| 2022 | +119.1% | -3.7% |
| 2023 | -4.1% | -3.0% |
| 2024 | -15.9% | -2.3% |
| 2025 | -14.9% | -13.2% |
| 2026 | +45.2% | +15.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OXY and WFCF good diversifiers for each other?
Yes. With a correlation of -0.22, OXY and WFCF have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between OXY and WFCF?
As of 2026-08-27, the correlation of weekly returns between OXY and WFCF is -0.22 over 3 years, -0.34 over 1 year and -0.14 over 5 years.
Is WFCF a good diversifier for OXY?
Yes. With a correlation of -0.22, OXY and WFCF have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.22 mean?
A reading of -0.22 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/oxy-vs-wfcf.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/oxy-vs-wfcf/)
No key needed, free to use. Full endpoint list in the API documentation.
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Hubs: OXY correlations · WFCF correlations