PEO vs XOM: Correlation
Measured on weekly returns over the past three years, Adams Natural Resources Fund, Inc. (PEO) and ExxonMobil (XOM) carry a correlation of 0.88, a very strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PEO and XOM?
Across a 3-year window, the weekly returns of PEO and XOM correlate at 0.88, very strong, meaning they move nearly in lockstep. Little has changed lately, as the 1-year reading of 0.87 lands near the 3-year figure. Stretching to 5 years gives 0.90, with an annualized covariance of 432.7 %².
XOM is one of the assets that tracks PEO most closely: it ranks #2 out of the 42 assets we track against PEO. Neither side won the trailing year by much: +41.6% against +42.8%.
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.
PEO vs XOM: side by side
| PEO (Adams Natural Resources Fund, Inc.) | XOM (ExxonMobil) | |
|---|---|---|
| 1-year return | +41.6% | +42.8% |
| 5-year return | +179.3% | +237.9% |
| Volatility (ann.) | 20.2% | 24.3% |
| Beta vs S&P 500 | 0.30 | 0.01 |
| Max drawdown (3Y) | -18.9% | -20.1% |
| Market cap | $0.8B | $643.3B |
| P/E (trailing) | 4.8 | 20.1 |
| Dividend yield | 7.09% | 2.58% |
| Sector / category | US Listed | Energy |
Year-by-year returns
| Year | PEO | XOM |
|---|---|---|
| 2022 | +41.8% | +87.4% |
| 2023 | +0.9% | -6.3% |
| 2024 | +13.6% | +11.3% |
| 2025 | +10.0% | +16.0% |
| 2026 | +38.5% | +32.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PEO and XOM good diversifiers for each other?
Not really. At 0.88, the two trade almost as one position, and owning both buys little extra protection.
FAQ
What is the correlation between PEO and XOM?
The PEO/XOM correlation stands at 0.88 on a 3-year window (1 year: 0.87, 5 years: 0.90), computed from weekly returns as of 2026-08-27.
Is XOM a good diversifier for PEO?
Not really. At 0.88, the two trade almost as one position, and owning both buys little extra protection.
What does a correlation of 0.88 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/peo-vs-xom.json
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Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: PEO correlations · XOM correlations
