VLGEA vs XBIO: Correlation
How closely do Village Super Market, Inc. (VLGEA) and Xenetic Biosciences, Inc. (XBIO) trade together? Their weekly returns over three years give a correlation of -0.21, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are VLGEA and XBIO?
Over the past 3 years, VLGEA and XBIO moved with a correlation of -0.21, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.37 versus -0.21 over 3 years. Over 5 years the correlation is -0.13, and the annualized covariance of weekly returns is -539.7 %².
XBIO is close to the least connected end of VLGEA's tracked universe, ranking #8 of 11. The last year tells two different stories: XBIO led by 16.7 percentage points, +23.1% for VLGEA against +39.8% for XBIO. Risk is not evenly split, since XBIO carries 3.2 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.
VLGEA vs XBIO: side by side
| VLGEA (Village Super Market, Inc.) | XBIO (Xenetic Biosciences, Inc.) | |
|---|---|---|
| 1-year return | +23.1% | +39.8% |
| 5-year return | +137.7% | -86.8% |
| Volatility (ann.) | 27.9% | 90.1% |
| Beta vs S&P 500 | 0.32 | 0.46 |
| Max drawdown (3Y) | -21.1% | -80.5% |
| Market cap | $0.6B | – |
| P/E (trailing) | 11.9 | – |
| Dividend yield | 2.29% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | VLGEA | XBIO |
|---|---|---|
| 2022 | +4.1% | -77.9% |
| 2023 | +17.7% | +21.1% |
| 2024 | +26.0% | +15.7% |
| 2025 | +14.9% | -45.6% |
| 2026 | +24.4% | +82.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are VLGEA and XBIO good diversifiers for each other?
Yes. With a correlation of -0.21, VLGEA and XBIO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between VLGEA and XBIO?
The VLGEA/XBIO correlation stands at -0.21 on a 3-year window (1 year: -0.37, 5 years: -0.13), computed from weekly returns as of 2026-08-27.
Is XBIO a good diversifier for VLGEA?
Yes. With a correlation of -0.21, VLGEA and XBIO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.21 mean?
On the −1 to +1 scale, -0.21 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/vlgea-vs-xbio.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/vlgea-vs-xbio/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: VLGEA correlations · XBIO correlations
