CLYM vs SPWR: Correlation
Measured on weekly returns over the past three years, Climb Bio, Inc. (CLYM) and SunPower Inc. (SPWR) carry a correlation of 0.43, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CLYM and SPWR?
On 3 years of weekly data the CLYM/SPWR correlation comes out at 0.43, moderate. The past 12 months show a weaker link (0.12) than the 3-year average (0.43). The 5-year figure is 0.41, and annualized covariance runs at 8231.9 %².
Few assets follow CLYM as closely as SPWR, which ranks #3 of 12 tracked partners. Their recent paths diverged sharply: over the last 12 months CLYM outperformed by 639.5 percentage points (+559.1% for CLYM against -80.4% for SPWR).
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.
CLYM vs SPWR: side by side
| CLYM (Climb Bio, Inc.) | SPWR (SunPower Inc.) | |
|---|---|---|
| 1-year return | +559.1% | -80.4% |
| 5-year return | -46.2% | n/a |
| Volatility (ann.) | 132.2% | 146.1% |
| Beta vs S&P 500 | 1.11 | 1.97 |
| Max drawdown (3Y) | -88.9% | -92.9% |
| Market cap | $0.9B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CLYM | SPWR |
|---|---|---|
| 2022 | -64.9% | – |
| 2023 | -26.4% | – |
| 2024 | -33.3% | +11.5% |
| 2025 | +122.2% | -12.3% |
| 2026 | +276.5% | -81.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CLYM and SPWR good diversifiers for each other?
Reasonably. At 0.43, CLYM and SPWR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CLYM and SPWR?
As of 2026-08-27, the correlation of weekly returns between CLYM and SPWR is 0.43 over 3 years, 0.12 over 1 year and 0.41 over 5 years.
Is SPWR a good diversifier for CLYM?
Reasonably. At 0.43, CLYM and SPWR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.43 mean?
A reading of 0.43 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
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[](https://www.pairbook.io/pair/clym-vs-spwr/)
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Related comparisons
Hubs: CLYM correlations · SPWR correlations
