ASMB vs XNCR: Correlation
Assembly Biosciences, Inc. (ASMB) and Xencor, Inc. (XNCR) show a moderate relationship: their 3-year correlation of weekly returns is 0.38.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ASMB and XNCR?
On 3 years of weekly data the ASMB/XNCR correlation comes out at 0.38, moderate. The past 12 months show a tighter link (0.54) than the 3-year average (0.38). The 5-year figure is 0.32, and annualized covariance runs at 1419.0 %².
By 3-year correlation, XNCR places #5 of the 11 assets tracked against ASMB. The last year tells two different stories: XNCR led by 225.7 percentage points, +34.4% for ASMB against +260.1% for XNCR.
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.
ASMB vs XNCR: side by side
| ASMB (Assembly Biosciences, Inc.) | XNCR (Xencor, Inc.) | |
|---|---|---|
| 1-year return | +34.4% | +260.1% |
| 5-year return | -21.2% | -14.8% |
| Volatility (ann.) | 61.8% | 60.9% |
| Beta vs S&P 500 | 1.09 | 1.37 |
| Max drawdown (3Y) | -57.5% | -73.9% |
| Market cap | $0.7B | $2.1B |
| P/E (trailing) | 28.5 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ASMB | XNCR |
|---|---|---|
| 2022 | -44.2% | -35.1% |
| 2023 | -36.9% | -18.5% |
| 2024 | +60.4% | +8.2% |
| 2025 | +115.5% | -33.4% |
| 2026 | +2.3% | +88.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ASMB and XNCR good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ASMB and XNCR?
As of 2026-08-27, the correlation of weekly returns between ASMB and XNCR is 0.38 over 3 years, 0.54 over 1 year and 0.32 over 5 years.
Is XNCR a good diversifier for ASMB?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.38 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.
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Related comparisons
Hubs: ASMB correlations · XNCR correlations
