WYY vs XRX: Correlation
WidePoint Corporation (WYY) and Xerox Holdings Corporation (XRX) show a moderate relationship: their 3-year correlation of weekly returns is 0.36.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are WYY and XRX?
Over the past 3 years, WYY and XRX moved with a correlation of 0.36, which is moderate. Lately the two have moved closer together, with the 1-year correlation at 0.50 versus 0.36 over 3 years. Over 5 years the correlation is 0.36, and the annualized covariance of weekly returns is 2284.2 %².
Within WYY's tracked universe of 11 assets, XRX comes in at #4 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months WYY outperformed by 137.1 percentage points (+117.1% for WYY against -20.0% for XRX).
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.
WYY vs XRX: side by side
| WYY (WidePoint Corporation) | XRX (Xerox Holdings Corporation) | |
|---|---|---|
| 1-year return | +117.1% | -20.0% |
| 5-year return | +85.8% | -81.9% |
| Volatility (ann.) | 81.3% | 77.4% |
| Beta vs S&P 500 | 1.48 | 2.12 |
| Max drawdown (3Y) | -57.0% | -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 | WYY | XRX |
|---|---|---|
| 2022 | -53.7% | -31.3% |
| 2023 | +27.5% | +33.8% |
| 2024 | +108.6% | -49.8% |
| 2025 | +11.0% | -70.6% |
| 2026 | +89.6% | +28.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are WYY and XRX good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.36 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between WYY and XRX?
Using weekly returns as of 2026-08-27: 0.36 over 3 years, with 0.50 over the last year and 0.36 over 5 years.
Is XRX a good diversifier for WYY?
Yes, to a useful degree: a correlation of 0.36 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.36 mean?
On the −1 to +1 scale, 0.36 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/wyy-vs-xrx.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/wyy-vs-xrx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: WYY correlations · XRX correlations
