PXLW vs SST: Correlation
How closely do Pixelworks, Inc. (PXLW) and System1, Inc. (SST) trade together? Their weekly returns over three years give a correlation of 0.42, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PXLW and SST?
Across a 3-year window, the weekly returns of PXLW and SST correlate at 0.42, moderate. The past 12 months show a weaker link (0.16) than the 3-year average (0.42). Stretching to 5 years gives 0.35, with an annualized covariance of 6337.2 %².
SST is one of the assets that tracks PXLW most closely: it ranks #2 out of the 13 assets we track against PXLW. Correlation aside, the last 12 months split them widely, with PXLW ahead by 61.9 points (-13.6% versus -75.5%). One caveat on sizing: SST is 1.5 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
PXLW vs SST: side by side
| PXLW (Pixelworks, Inc.) | SST (System1, Inc.) | |
|---|---|---|
| 1-year return | -13.6% | -75.5% |
| 5-year return | -90.7% | -98.1% |
| Volatility (ann.) | 99.0% | 151.9% |
| Beta vs S&P 500 | 1.41 | 0.94 |
| Max drawdown (3Y) | -86.3% | -95.2% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PXLW | SST |
|---|---|---|
| 2022 | -59.8% | -52.9% |
| 2023 | -26.0% | -52.7% |
| 2024 | -44.3% | -59.5% |
| 2025 | -27.4% | -56.3% |
| 2026 | +8.6% | -52.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PXLW and SST good diversifiers for each other?
A fair diversifier. At 0.42, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between PXLW and SST?
Using weekly returns as of 2026-08-27: 0.42 over 3 years, with 0.16 over the last year and 0.35 over 5 years.
Is SST a good diversifier for PXLW?
A fair diversifier. At 0.42, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.42 mean?
On the −1 to +1 scale, 0.42 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/pxlw-vs-sst.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/pxlw-vs-sst/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: PXLW correlations · SST correlations
