STI vs XOS: Correlation
Measured on weekly returns over the past three years, Solidion Technology, Inc. (STI) and Xos, Inc. (XOS) carry a correlation of 0.44, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are STI and XOS?
Across a 3-year window, the weekly returns of STI and XOS correlate at 0.44, moderate. The past 12 months show a tighter link (0.66) than the 3-year average (0.44). Stretching to 5 years gives 0.36, with an annualized covariance of 24801.5 %².
Within STI's tracked universe of 22 assets, XOS comes in at #6 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months STI outperformed by 127.3 percentage points (+145.4% for STI against +18.1% for XOS). Risk is not evenly split, since STI carries 3.8 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.
STI vs XOS: side by side
| STI (Solidion Technology, Inc.) | XOS (Xos, Inc.) | |
|---|---|---|
| 1-year return | +145.4% | +18.1% |
| 5-year return | -98.5% | -98.2% |
| Volatility (ann.) | 458.4% | 122.0% |
| Beta vs S&P 500 | -1.02 | 0.87 |
| Max drawdown (3Y) | -99.5% | -88.1% |
| Market cap | $0.1B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | STI | XOS |
|---|---|---|
| 2022 | – | -85.9% |
| 2023 | -24.1% | -40.0% |
| 2024 | -90.9% | -59.4% |
| 2025 | -79.7% | -44.1% |
| 2026 | +9.0% | +95.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are STI and XOS good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between STI and XOS?
The STI/XOS correlation stands at 0.44 on a 3-year window (1 year: 0.66, 5 years: 0.36), computed from weekly returns as of 2026-08-27.
Is XOS a good diversifier for STI?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.44 mean?
A reading of 0.44 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/sti-vs-xos.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/sti-vs-xos/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: STI correlations · XOS correlations
