QXL vs SILO: Correlation
Quantum X Labs Inc. (QXL) and Silo Pharma, Inc. (SILO) show a moderate relationship: their 3-year correlation of weekly returns is 0.59.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QXL and SILO?
Over the past 3 years, QXL and SILO moved with a correlation of 0.59, which is moderate. The link has loosened recently: the 1-year correlation (0.12) runs below the 3-year figure (0.59). Over 5 years the correlation is 0.03, and the annualized covariance of weekly returns is 54062.9 %².
SILO is one of the assets that tracks QXL most closely: it ranks #2 out of the 21 assets we track against QXL. The last year tells two different stories: QXL led by 127.1 percentage points, +53.6% for QXL against -73.5% for SILO. Note the risk asymmetry: QXL runs 5.7 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 SILO: side by side
| QXL (Quantum X Labs Inc.) | SILO (Silo Pharma, Inc.) | |
|---|---|---|
| 1-year return | +53.6% | -73.5% |
| 5-year return | +14.0% | -97.9% |
| Volatility (ann.) | 724.3% | 126.9% |
| Beta vs S&P 500 | -2.23 | 0.38 |
| Max drawdown (3Y) | -96.2% | -95.2% |
| Market cap | $0.1B | – |
| P/E (trailing) | 13.4 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | QXL | SILO |
|---|---|---|
| 2022 | -78.8% | -53.0% |
| 2023 | -80.2% | -57.1% |
| 2024 | +1032.7% | -38.2% |
| 2025 | -70.1% | -61.8% |
| 2026 | +207.2% | -50.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QXL and SILO good diversifiers for each other?
Somewhat, no more. With 0.59 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between QXL and SILO?
The QXL/SILO correlation stands at 0.59 on a 3-year window (1 year: 0.12, 5 years: 0.03), computed from weekly returns as of 2026-08-27.
Is SILO a good diversifier for QXL?
Somewhat, no more. With 0.59 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.59 mean?
On the −1 to +1 scale, 0.59 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.
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Related comparisons
Hubs: QXL correlations · SILO correlations
