QXL vs RL: Correlation
Quantum X Labs Inc. (QXL) and Ralph Lauren Corporation (RL) show a negative relationship: their 3-year correlation of weekly returns is -0.17.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QXL and RL?
Over the past 3 years, QXL and RL moved with a correlation of -0.17, which is negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.03) than the 3-year average (-0.17). Over 5 years the correlation is -0.12, and the annualized covariance of weekly returns is -4163.9 %².
Within QXL's tracked universe of 21 assets, RL comes in at #13 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months QXL outperformed by 32.9 percentage points (+53.6% for QXL against +20.7% for RL). Note the risk asymmetry: QXL runs 21.6 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.
QXL vs RL: side by side
| QXL (Quantum X Labs Inc.) | RL (Ralph Lauren Corporation) | |
|---|---|---|
| 1-year return | +53.6% | +20.7% |
| 5-year return | +14.0% | +232.5% |
| Volatility (ann.) | 724.3% | 33.6% |
| Beta vs S&P 500 | -2.23 | 1.07 |
| Max drawdown (3Y) | -96.2% | -36.2% |
| Market cap | $0.1B | $21.0B |
| P/E (trailing) | 13.4 | 22.8 |
| Dividend yield | 0.00% | 1.03% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | QXL | RL |
|---|---|---|
| 2022 | -78.8% | -8.4% |
| 2023 | -80.2% | +39.8% |
| 2024 | +1032.7% | +62.9% |
| 2025 | -70.1% | +55.0% |
| 2026 | +207.2% | +0.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QXL and RL good diversifiers for each other?
By historical standards, yes. A correlation of -0.17 means the two rarely move for the same reasons.
FAQ
What is the correlation between QXL and RL?
The QXL/RL correlation stands at -0.17 on a 3-year window (1 year: -0.03, 5 years: -0.12), computed from weekly returns as of 2026-08-27.
Is RL a good diversifier for QXL?
By historical standards, yes. A correlation of -0.17 means the two rarely move for the same reasons.
What does a correlation of -0.17 mean?
On the −1 to +1 scale, -0.17 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/qxl-vs-rl.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/qxl-vs-rl/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: QXL correlations · RL correlations
