ARQT vs CRBP: Correlation
Measured on weekly returns over the past three years, Arcutis Biotherapeutics, Inc. (ARQT) and Corbus Pharmaceuticals Holdings, Inc. (CRBP) carry a correlation of 0.47, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ARQT and CRBP?
On 3 years of weekly data the ARQT/CRBP correlation comes out at 0.47, moderate. The link has loosened recently: the 1-year correlation (0.06) runs below the 3-year figure (0.47). The 5-year figure is 0.35, and annualized covariance runs at 7948.0 %².
CRBP is one of the assets that tracks ARQT most closely: it ranks #1 out of the 10 assets we track against ARQT. Correlation aside, the last 12 months split them widely, with ARQT ahead by 52.6 points (+58.9% versus +6.3%). Risk is not evenly split, since CRBP carries 2.5 times the volatility of the other side.
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.
ARQT vs CRBP: side by side
| ARQT (Arcutis Biotherapeutics, Inc.) | CRBP (Corbus Pharmaceuticals Holdings, Inc.) | |
|---|---|---|
| 1-year return | +58.9% | +6.3% |
| 5-year return | +18.0% | -68.8% |
| Volatility (ann.) | 81.9% | 207.1% |
| Beta vs S&P 500 | 1.10 | 1.79 |
| Max drawdown (3Y) | -79.5% | -92.0% |
| Market cap | $3.1B | $0.2B |
| P/E (trailing) | 113.0 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ARQT | CRBP |
|---|---|---|
| 2022 | -28.6% | -82.0% |
| 2023 | -78.2% | +81.4% |
| 2024 | +331.3% | +95.4% |
| 2025 | +108.5% | -31.0% |
| 2026 | -14.4% | +36.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ARQT and CRBP good diversifiers for each other?
A fair diversifier. At 0.47, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ARQT and CRBP?
As of 2026-08-27, the correlation of weekly returns between ARQT and CRBP is 0.47 over 3 years, 0.06 over 1 year and 0.35 over 5 years.
Is CRBP a good diversifier for ARQT?
A fair diversifier. At 0.47, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.47 mean?
On the −1 to +1 scale, 0.47 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/arqt-vs-crbp.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/arqt-vs-crbp/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ARQT correlations · CRBP correlations
