ARCT vs WBTN: Correlation
Arcturus Therapeutics Holdings Inc. (ARCT) and WEBTOON Entertainment Inc. (WBTN) show a moderate relationship: their 3-year correlation of weekly returns is 0.56.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ARCT and WBTN?
Across a 3-year window, the weekly returns of ARCT and WBTN correlate at 0.56, moderate. The link has loosened recently: the 1-year correlation (0.36) runs below the 3-year figure (0.56). Stretching to 5 years gives n/a, with an annualized covariance of 4342.6 %².
Few assets follow ARCT as closely as WBTN, which ranks #1 of 14 tracked partners. Correlation aside, the last 12 months split them widely, with ARCT ahead by 27.9 points (-6.5% versus -34.4%).
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.
ARCT vs WBTN: side by side
| ARCT (Arcturus Therapeutics Holdings Inc.) | WBTN (WEBTOON Entertainment Inc.) | |
|---|---|---|
| 1-year return | -6.5% | -34.4% |
| 5-year return | -69.9% | n/a |
| Volatility (ann.) | 90.6% | 80.5% |
| Beta vs S&P 500 | 2.39 | 1.69 |
| Max drawdown (3Y) | -87.5% | -70.6% |
| Market cap | $0.5B | $1.4B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ARCT | WBTN |
|---|---|---|
| 2022 | -54.2% | – |
| 2023 | +85.9% | – |
| 2024 | -46.2% | – |
| 2025 | -63.9% | -4.1% |
| 2026 | +163.8% | -23.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ARCT and WBTN good diversifiers for each other?
To a limited degree. At 0.56 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between ARCT and WBTN?
The ARCT/WBTN correlation stands at 0.56 on a 3-year window (1 year: 0.36, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is WBTN a good diversifier for ARCT?
To a limited degree. At 0.56 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.56 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/arct-vs-wbtn.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/arct-vs-wbtn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ARCT correlations · WBTN correlations
