ACXP vs KHC: Correlation
How closely do Acurx Pharmaceuticals, Inc. (ACXP) and Kraft Heinz (KHC) trade together? Their weekly returns over three years give a correlation of -0.22, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACXP and KHC?
Across a 3-year window, the weekly returns of ACXP and KHC correlate at -0.22, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.36) runs below the 3-year figure (-0.22). Stretching to 5 years gives -0.12, with an annualized covariance of -801.4 %².
Within ACXP's tracked universe of 32 assets, KHC comes in at #21 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months KHC outperformed by 66.1 percentage points (-70.0% for ACXP against -3.9% for KHC). One caveat on sizing: ACXP is 7.9 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.
ACXP vs KHC: side by side
| ACXP (Acurx Pharmaceuticals, Inc.) | KHC (Kraft Heinz) | |
|---|---|---|
| 1-year return | -70.0% | -3.9% |
| 5-year return | -98.5% | -10.9% |
| Volatility (ann.) | 170.6% | 21.7% |
| Beta vs S&P 500 | -0.66 | 0.12 |
| Max drawdown (3Y) | -98.8% | -38.7% |
| Market cap | – | $29.8B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 6.45% |
| Sector / category | US Listed | Consumer Staples |
Year-by-year returns
| Year | ACXP | KHC |
|---|---|---|
| 2022 | -7.9% | +18.2% |
| 2023 | -3.8% | -5.0% |
| 2024 | -78.7% | -13.0% |
| 2025 | -84.7% | -16.3% |
| 2026 | -41.4% | +7.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACXP and KHC good diversifiers for each other?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between ACXP and KHC?
As of 2026-08-27, the correlation of weekly returns between ACXP and KHC is -0.22 over 3 years, -0.36 over 1 year and -0.12 over 5 years.
Is KHC a good diversifier for ACXP?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.22 mean?
On the −1 to +1 scale, -0.22 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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Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/acxp-vs-khc/)
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Related comparisons
Hubs: ACXP correlations · KHC correlations
