BRNX vs SXTC: Correlation
How closely do BrenX Ltd. (BRNX) and China SXT Pharmaceuticals, Inc. - Class A (SXTC) trade together? Their weekly returns over three years give a correlation of 0.90, which is very strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BRNX and SXTC?
Over the past 3 years, BRNX and SXTC moved with a correlation of 0.90, which is very strong, meaning they move nearly in lockstep. The relationship has been stable: the 1-year correlation (0.94) sits close to the 3-year figure. Over 5 years the correlation is 0.90, and the annualized covariance of weekly returns is 3398409.2 %².
Few assets follow BRNX as closely as SXTC, which ranks #3 of 26 tracked partners. Neither side won the trailing year by much: -94.9% against -98.4%. Risk is not evenly split, since SXTC carries 12.9 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.
BRNX vs SXTC: side by side
| BRNX (BrenX Ltd.) | SXTC (China SXT Pharmaceuticals, Inc. - Class A) | |
|---|---|---|
| 1-year return | -94.9% | -98.4% |
| 5-year return | -99.9% | -99.9% |
| Volatility (ann.) | 539.2% | 6970.7% |
| Beta vs S&P 500 | 1.25 | 6.97 |
| Max drawdown (3Y) | -100.0% | -100.0% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BRNX | SXTC |
|---|---|---|
| 2022 | – | -16.6% |
| 2023 | -57.4% | -70.7% |
| 2024 | -77.8% | -87.2% |
| 2025 | -92.4% | +215.0% |
| 2026 | -77.6% | -98.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BRNX and SXTC good diversifiers for each other?
No. With a correlation of 0.90, BRNX and SXTC move nearly in lockstep, so holding both adds very little diversification.
FAQ
What is the correlation between BRNX and SXTC?
Using weekly returns as of 2026-08-27: 0.90 over 3 years, with 0.94 over the last year and 0.90 over 5 years.
Is SXTC a good diversifier for BRNX?
No. With a correlation of 0.90, BRNX and SXTC move nearly in lockstep, so holding both adds very little diversification.
What does a correlation of 0.90 mean?
On the −1 to +1 scale, 0.90 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/brnx-vs-sxtc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/brnx-vs-sxtc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BRNX correlations · SXTC correlations
