VCIG vs XPON: Correlation
Measured on weekly returns over the past three years, VCI Global Limited (VCIG) and Expion360 Inc. (XPON) carry a correlation of 0.50, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are VCIG and XPON?
Over the past 3 years, VCIG and XPON moved with a correlation of 0.50, which is moderate. The past 12 months show a tighter link (0.81) than the 3-year average (0.50). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 54226.8 %².
By 3-year correlation, XPON places #10 of the 19 assets tracked against VCIG. Correlation aside, the last 12 months split them widely, with XPON ahead by 39.8 points (-99.8% versus -60.0%). Risk is not evenly split, since VCIG carries 5.2 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.
VCIG vs XPON: side by side
| VCIG (VCI Global Limited) | XPON (Expion360 Inc.) | |
|---|---|---|
| 1-year return | -99.8% | -60.0% |
| 5-year return | n/a | -99.9% |
| Volatility (ann.) | 754.7% | 144.0% |
| Beta vs S&P 500 | 3.93 | 1.37 |
| Max drawdown (3Y) | -100.0% | -100.0% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | VCIG | XPON |
|---|---|---|
| 2023 | – | +134.3% |
| 2024 | -98.4% | -99.6% |
| 2025 | -99.9% | -71.6% |
| 2026 | -91.6% | -2.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are VCIG and XPON good diversifiers for each other?
Somewhat, no more. With 0.50 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between VCIG and XPON?
The VCIG/XPON correlation stands at 0.50 on a 3-year window (1 year: 0.81, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is XPON a good diversifier for VCIG?
Somewhat, no more. With 0.50 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.50 mean?
A reading of 0.50 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/vcig-vs-xpon.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/vcig-vs-xpon/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: VCIG correlations · XPON correlations
