RXO vs SEGG: Correlation
RXO, Inc. (RXO) and Sports Entertainment Gaming Global Corporation (SEGG) 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 RXO and SEGG?
Over the past 3 years, RXO and SEGG 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 -0.25 lands near the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -6450.7 %².
Among the 16 assets we track against RXO, SEGG sits near the bottom by co-movement, at rank #14. Correlation aside, the last 12 months split them widely, with RXO ahead by 94.1 points (+37.3% versus -56.8%). Note the risk asymmetry: SEGG runs 6.4 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.
RXO vs SEGG: side by side
| RXO (RXO, Inc.) | SEGG (Sports Entertainment Gaming Global Corporation) | |
|---|---|---|
| 1-year return | +37.3% | -56.8% |
| 5-year return | n/a | n/a |
| Volatility (ann.) | 60.7% | 389.2% |
| Beta vs S&P 500 | 1.66 | 0.24 |
| Max drawdown (3Y) | -67.1% | -98.9% |
| Market cap | $3.7B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RXO | SEGG |
|---|---|---|
| 2023 | +35.2% | – |
| 2024 | +2.5% | -82.1% |
| 2025 | -47.0% | -84.9% |
| 2026 | +76.3% | +274.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RXO and SEGG good diversifiers for each other?
By historical standards, yes. A correlation of -0.27 means the two rarely move for the same reasons.
FAQ
What is the correlation between RXO and SEGG?
Using weekly returns as of 2026-08-27: -0.27 over 3 years, with -0.25 over the last year and n/a over 5 years.
Is SEGG a good diversifier for RXO?
By historical standards, yes. A correlation of -0.27 means the two rarely move for the same reasons.
What does a correlation of -0.27 mean?
On the −1 to +1 scale, -0.27 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/rxo-vs-segg.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/rxo-vs-segg/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: RXO correlations · SEGG correlations
