PSIG vs XEL: Correlation
PS International Group Ltd. (PSIG) and Xcel Energy (XEL) show a negative relationship: their 3-year correlation of weekly returns is -0.27.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PSIG and XEL?
Over the past 3 years, PSIG and XEL moved with a correlation of -0.27, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.28 lands near the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -831.4 %².
Within PSIG's tracked universe of 55 assets, XEL comes in at #43 by 3-year correlation. The last year tells two different stories: XEL led by 63.1 percentage points, -53.9% for PSIG against +9.2% for XEL. Note the risk asymmetry: PSIG runs 7.6 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.
PSIG vs XEL: side by side
| PSIG (PS International Group Ltd.) | XEL (Xcel Energy) | |
|---|---|---|
| 1-year return | -53.9% | +9.2% |
| 5-year return | n/a | +31.1% |
| Volatility (ann.) | 157.0% | 20.7% |
| Beta vs S&P 500 | 0.97 | 0.09 |
| Max drawdown (3Y) | -96.0% | -24.0% |
| Market cap | – | $48.2B |
| P/E (trailing) | – | 21.3 |
| Dividend yield | 0.00% | 2.99% |
| Sector / category | US Listed | Utilities |
Year-by-year returns
| Year | PSIG | XEL |
|---|---|---|
| 2022 | – | +6.4% |
| 2023 | – | -8.7% |
| 2024 | – | +12.3% |
| 2025 | +8.3% | +13.9% |
| 2026 | -62.9% | +6.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PSIG and XEL good diversifiers for each other?
Yes: at -0.27, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between PSIG and XEL?
Using weekly returns as of 2026-08-27: -0.27 over 3 years, with -0.28 over the last year and n/a over 5 years.
Is XEL a good diversifier for PSIG?
Yes: at -0.27, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.27 mean?
A reading of -0.27 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/psig-vs-xel.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/psig-vs-xel/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: PSIG correlations · XEL correlations
