ASST vs XNCR: Correlation
Measured on weekly returns over the past three years, Strive, Inc. (ASST) and Xencor, Inc. (XNCR) carry a correlation of -0.27, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ASST and XNCR?
Across a 3-year window, the weekly returns of ASST and XNCR correlate at -0.27, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.24) sits close to the 3-year figure. Stretching to 5 years gives n/a, with an annualized covariance of -11799.9 %².
By 3-year correlation, XNCR places #41 of the 58 assets tracked against ASST. Correlation aside, the last 12 months split them widely, with XNCR ahead by 340.5 points (-80.4% versus +260.1%). Risk is not evenly split, since ASST carries 11.9 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.
ASST vs XNCR: side by side
| ASST (Strive, Inc.) | XNCR (Xencor, Inc.) | |
|---|---|---|
| 1-year return | -80.4% | +260.1% |
| 5-year return | n/a | -14.8% |
| Volatility (ann.) | 723.1% | 60.9% |
| Beta vs S&P 500 | -1.01 | 1.37 |
| Max drawdown (3Y) | -97.2% | -73.9% |
| Market cap | $2.1B | $2.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ASST | XNCR |
|---|---|---|
| 2022 | – | -35.1% |
| 2023 | – | -18.5% |
| 2024 | -84.6% | +8.2% |
| 2025 | +50.3% | -33.4% |
| 2026 | +56.6% | +88.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ASST and XNCR good diversifiers for each other?
Yes: at -0.27, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between ASST and XNCR?
As of 2026-08-27, the correlation of weekly returns between ASST and XNCR is -0.27 over 3 years, -0.24 over 1 year and n/a over 5 years.
Is XNCR a good diversifier for ASST?
Yes: at -0.27, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.27 mean?
A reading of -0.27 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: ASST correlations · XNCR correlations
