BBIO vs RXRX: Correlation
How closely do BridgeBio Pharma, Inc. (BBIO) and Recursion Pharmaceuticals, Inc. (RXRX) trade together? Their weekly returns over three years give a correlation of 0.45, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BBIO and RXRX?
On 3 years of weekly data the BBIO/RXRX correlation comes out at 0.45, moderate. The link has loosened recently: the 1-year correlation (0.07) runs below the 3-year figure (0.45). The 5-year figure is 0.37, and annualized covariance runs at 1718.1 %².
Among the 10 assets we track against BBIO, RXRX ranks #4 by 3-year correlation. The last year tells two different stories: BBIO led by 88.4 percentage points, +58.7% for BBIO against -29.7% for RXRX. Risk is not evenly split, since RXRX carries 1.8 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.
BBIO vs RXRX: side by side
| BBIO (BridgeBio Pharma, Inc.) | RXRX (Recursion Pharmaceuticals, Inc.) | |
|---|---|---|
| 1-year return | +58.7% | -29.7% |
| 5-year return | +61.9% | -86.0% |
| Volatility (ann.) | 46.9% | 82.2% |
| Beta vs S&P 500 | 1.02 | 3.07 |
| Max drawdown (3Y) | -49.1% | -81.7% |
| Market cap | $15.4B | $1.8B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BBIO | RXRX |
|---|---|---|
| 2022 | -54.3% | -55.0% |
| 2023 | +429.8% | +27.9% |
| 2024 | -32.0% | -31.4% |
| 2025 | +178.8% | -39.5% |
| 2026 | +2.9% | -15.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BBIO and RXRX good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.45 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between BBIO and RXRX?
Using weekly returns as of 2026-08-27: 0.45 over 3 years, with 0.07 over the last year and 0.37 over 5 years.
Is RXRX a good diversifier for BBIO?
Yes, to a useful degree: a correlation of 0.45 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.45 mean?
On the −1 to +1 scale, 0.45 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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Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bbio-vs-rxrx/)
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Related comparisons
Hubs: BBIO correlations · RXRX correlations
