WNW vs XRX: Correlation
Meiwu Technology Company Limited (WNW) and Xerox Holdings Corporation (XRX) show a moderate relationship: their 3-year correlation of weekly returns is 0.31.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are WNW and XRX?
Over the past 3 years, WNW and XRX moved with a correlation of 0.31, which is moderate. Lately the two have moved closer together, with the 1-year correlation at 0.45 versus 0.31 over 3 years. Over 5 years the correlation is 0.29, and the annualized covariance of weekly returns is 4035.6 %².
Within WNW's tracked universe of 16 assets, XRX comes in at #6 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months XRX outperformed by 78.1 percentage points (-98.1% for WNW against -20.0% for XRX). One caveat on sizing: WNW is 2.2 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
WNW vs XRX: side by side
| WNW (Meiwu Technology Company Limited) | XRX (Xerox Holdings Corporation) | |
|---|---|---|
| 1-year return | -98.1% | -20.0% |
| 5-year return | -100.0% | -81.9% |
| Volatility (ann.) | 167.8% | 77.4% |
| Beta vs S&P 500 | 1.36 | 2.12 |
| Max drawdown (3Y) | -100.0% | -92.7% |
| Market cap | $0.1B | $0.4B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 3.36% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | WNW | XRX |
|---|---|---|
| 2022 | -91.9% | -31.3% |
| 2023 | -49.4% | +33.8% |
| 2024 | -38.5% | -49.8% |
| 2025 | -96.7% | -70.6% |
| 2026 | -97.6% | +28.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are WNW and XRX good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.31 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between WNW and XRX?
As of 2026-08-27, the correlation of weekly returns between WNW and XRX is 0.31 over 3 years, 0.45 over 1 year and 0.29 over 5 years.
Is XRX a good diversifier for WNW?
Yes, to a useful degree: a correlation of 0.31 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.31 mean?
A reading of 0.31 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: WNW correlations · XRX correlations
