CBUS vs RSP: Correlation
Cibus, Inc. (CBUS) and Invesco S&P 500 Equal Weight ETF (RSP) 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 CBUS and RSP?
Over the past 3 years, CBUS and RSP moved with a correlation of 0.38, which is moderate. The past 12 months show a weaker link (0.14) than the 3-year average (0.38). Over 5 years the correlation is 0.24, and the annualized covariance of weekly returns is 526.4 %².
Among the 9 assets we track against CBUS, RSP ranks #4 by 3-year correlation. Over the last 12 months CBUS came out ahead by 7.3 percentage points (+26.5% against +19.2%). One caveat on sizing: CBUS is 8.0 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
CBUS vs RSP: side by side
| CBUS (Cibus, Inc.) | RSP (Invesco S&P 500 Equal Weight ETF) | |
|---|---|---|
| 1-year return | +26.5% | +19.2% |
| 5-year return | -99.2% | +53.9% |
| Volatility (ann.) | 105.1% | 13.2% |
| Beta vs S&P 500 | 2.76 | 0.77 |
| Max drawdown (3Y) | -94.9% | -17.8% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 1.49% |
| Expense ratio | – | 0.20% |
| Assets under management | – | $97.3B |
| Sector / category | US Listed | ETF · US Large Cap |
On the fund side, RSP sits in the Large Blend category at Invesco, with $97.3B under management, 505 holdings, a 0.20% expense ratio, a 1.49% trailing dividend yield.
Year-by-year returns
| Year | CBUS | RSP |
|---|---|---|
| 2022 | -93.1% | -11.6% |
| 2023 | +165.4% | +13.7% |
| 2024 | -85.8% | +12.8% |
| 2025 | -37.4% | +11.2% |
| 2026 | -4.0% | +16.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CBUS and RSP good diversifiers for each other?
Reasonably. At 0.38, CBUS and RSP keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CBUS and RSP?
Using weekly returns as of 2026-08-27: 0.38 over 3 years, with 0.14 over the last year and 0.24 over 5 years.
Is RSP a good diversifier for CBUS?
Reasonably. At 0.38, CBUS and RSP keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.38 mean?
On the −1 to +1 scale, 0.38 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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Related comparisons
Hubs: CBUS correlations · RSP correlations
