PSFE vs XBP: Correlation
Paysafe Limited (PSFE) and XBP Global Holdings, Inc. (XBP) show a negative relationship: their 3-year correlation of weekly returns is -0.24.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PSFE and XBP?
Across a 3-year window, the weekly returns of PSFE and XBP correlate at -0.24, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.13) than the 3-year average (-0.24). Stretching to 5 years gives -0.18, with an annualized covariance of -2150.8 %².
Out of 13 assets tracked against PSFE, XBP lands near the bottom at #10. Neither side won the trailing year by much: -52.2% against -52.2%. Note the risk asymmetry: XBP runs 2.4 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.
PSFE vs XBP: side by side
| PSFE (Paysafe Limited) | XBP (XBP Global Holdings, Inc.) | |
|---|---|---|
| 1-year return | -52.2% | -52.2% |
| 5-year return | -93.3% | -97.1% |
| Volatility (ann.) | 60.9% | 145.1% |
| Beta vs S&P 500 | 1.61 | -0.32 |
| Max drawdown (3Y) | -76.6% | -99.5% |
| Market cap | $0.4B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PSFE | XBP |
|---|---|---|
| 2022 | -70.4% | +4.3% |
| 2023 | -7.9% | -49.1% |
| 2024 | +33.7% | -79.4% |
| 2025 | -52.7% | -37.5% |
| 2026 | -16.9% | -57.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PSFE and XBP good diversifiers for each other?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between PSFE and XBP?
The PSFE/XBP correlation stands at -0.24 on a 3-year window (1 year: -0.13, 5 years: -0.18), computed from weekly returns as of 2026-08-27.
Is XBP a good diversifier for PSFE?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.24 mean?
On the −1 to +1 scale, -0.24 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/psfe-vs-xbp.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/psfe-vs-xbp/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: PSFE correlations · XBP correlations
