RIME vs XYL: Correlation
Algorhythm Holdings, Inc. (RIME) and Xylem Inc. (XYL) show a negative relationship: their 3-year correlation of weekly returns is -0.19.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RIME and XYL?
Across a 3-year window, the weekly returns of RIME and XYL correlate at -0.19, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.40) runs below the 3-year figure (-0.19). Stretching to 5 years gives -0.17, with an annualized covariance of -900.2 %².
Within RIME's tracked universe of 62 assets, XYL comes in at #20 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months XYL outperformed by 65.5 percentage points (-86.6% for RIME against -21.1% for XYL). Risk is not evenly split, since RIME carries 8.3 times the volatility of the other side.
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.
RIME vs XYL: side by side
| RIME (Algorhythm Holdings, Inc.) | XYL (Xylem Inc.) | |
|---|---|---|
| 1-year return | -86.6% | -21.1% |
| 5-year return | -100.0% | -12.5% |
| Volatility (ann.) | 197.4% | 23.9% |
| Beta vs S&P 500 | -0.17 | 0.96 |
| Max drawdown (3Y) | -99.9% | -30.0% |
| Market cap | – | $26.3B |
| P/E (trailing) | – | 26.8 |
| Dividend yield | 0.00% | 1.47% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | RIME | XYL |
|---|---|---|
| 2022 | -43.3% | -6.6% |
| 2023 | -77.1% | +4.8% |
| 2024 | -91.1% | +2.6% |
| 2025 | -94.4% | +18.8% |
| 2026 | -72.8% | -16.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RIME and XYL good diversifiers for each other?
Yes: at -0.19, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between RIME and XYL?
The RIME/XYL correlation stands at -0.19 on a 3-year window (1 year: -0.40, 5 years: -0.17), computed from weekly returns as of 2026-08-27.
Is XYL a good diversifier for RIME?
Yes: at -0.19, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.19 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/rime-vs-xyl.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/rime-vs-xyl/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: RIME correlations · XYL correlations
