ACRS vs XCUR: Correlation
Aclaris Therapeutics, Inc. (ACRS) and Exicure, Inc. (XCUR) show a moderate relationship: their 3-year correlation of weekly returns is 0.42.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACRS and XCUR?
On 3 years of weekly data the ACRS/XCUR correlation comes out at 0.42, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.10 versus 0.42 over 3 years. The 5-year figure is 0.39, and annualized covariance runs at 15237.5 %².
In ACRS's tracked universe of 14 assets, XCUR sits right near the top at #3. Correlation aside, the last 12 months split them widely, with ACRS ahead by 313.8 points (+238.5% versus -75.3%). One caveat on sizing: XCUR is 3.2 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.
ACRS vs XCUR: side by side
| ACRS (Aclaris Therapeutics, Inc.) | XCUR (Exicure, Inc.) | |
|---|---|---|
| 1-year return | +238.5% | -75.3% |
| 5-year return | -60.0% | -99.3% |
| Volatility (ann.) | 105.3% | 341.3% |
| Beta vs S&P 500 | 1.25 | 0.92 |
| Max drawdown (3Y) | -91.9% | -96.4% |
| Market cap | $0.9B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACRS | XCUR |
|---|---|---|
| 2022 | +8.3% | -81.0% |
| 2023 | -93.3% | -49.6% |
| 2024 | +136.2% | +371.4% |
| 2025 | +21.4% | -60.4% |
| 2026 | +104.7% | -74.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACRS and XCUR good diversifiers for each other?
Reasonably. At 0.42, ACRS and XCUR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ACRS and XCUR?
The ACRS/XCUR correlation stands at 0.42 on a 3-year window (1 year: 0.10, 5 years: 0.39), computed from weekly returns as of 2026-08-27.
Is XCUR a good diversifier for ACRS?
Reasonably. At 0.42, ACRS and XCUR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.42 mean?
On the −1 to +1 scale, 0.42 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
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Related comparisons
Hubs: ACRS correlations · XCUR correlations
