ACET vs XRTX: Correlation
How closely do Adicet Bio, Inc. (ACET) and XORTX Therapeutics Inc. (XRTX) trade together? Their weekly returns over three years give a correlation of 0.29, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACET and XRTX?
Over the past 3 years, ACET and XRTX moved with a correlation of 0.29, which is weak. The relationship has been stable: the 1-year correlation (0.21) sits close to the 3-year figure. Over 5 years the correlation is 0.24, and the annualized covariance of weekly returns is 3021.1 %².
By 3-year correlation, XRTX places #10 of the 15 assets tracked against ACET. Over the last 12 months ACET came out ahead by 12.9 percentage points (-25.5% against -38.4%). One caveat on sizing: XRTX is 1.6 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.
ACET vs XRTX: side by side
| ACET (Adicet Bio, Inc.) | XRTX (XORTX Therapeutics Inc.) | |
|---|---|---|
| 1-year return | -25.5% | -38.4% |
| 5-year return | -93.0% | -99.9% |
| Volatility (ann.) | 80.6% | 129.2% |
| Beta vs S&P 500 | 1.88 | 0.23 |
| Max drawdown (3Y) | -88.9% | -99.4% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACET | XRTX |
|---|---|---|
| 2022 | -48.9% | -60.6% |
| 2023 | -78.9% | -96.5% |
| 2024 | -49.1% | -51.1% |
| 2025 | -45.3% | -50.3% |
| 2026 | +7.0% | -13.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACET and XRTX good diversifiers for each other?
A fair diversifier. At 0.29, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ACET and XRTX?
As of 2026-08-27, the correlation of weekly returns between ACET and XRTX is 0.29 over 3 years, 0.21 over 1 year and 0.24 over 5 years.
Is XRTX a good diversifier for ACET?
A fair diversifier. At 0.29, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.29 mean?
On the −1 to +1 scale, 0.29 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/acet-vs-xrtx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/acet-vs-xrtx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ACET correlations · XRTX correlations
