CMPS vs CRBU: Correlation
COMPASS Pathways Plc - American Depository Shares (CMPS) and Caribou Biosciences, Inc. (CRBU) show a moderate relationship: their 3-year correlation of weekly returns is 0.45.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CMPS and CRBU?
Across a 3-year window, the weekly returns of CMPS and CRBU correlate at 0.45, moderate. The relationship has been stable: the 1-year correlation (0.42) sits close to the 3-year figure. Stretching to 5 years gives 0.41, with an annualized covariance of 2858.6 %².
In CMPS's tracked universe of 13 assets, CRBU sits right near the top at #3. The last year tells two different stories: CMPS led by 226.4 percentage points, +210.2% for CMPS against -16.2% for CRBU.
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.
CMPS vs CRBU: side by side
| CMPS (COMPASS Pathways Plc - American Depository Shares) | CRBU (Caribou Biosciences, Inc.) | |
|---|---|---|
| 1-year return | +210.2% | -16.2% |
| 5-year return | -55.2% | -93.2% |
| Volatility (ann.) | 79.7% | 80.5% |
| Beta vs S&P 500 | 1.72 | 2.52 |
| Max drawdown (3Y) | -81.0% | -91.1% |
| Market cap | $2.0B | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CMPS | CRBU |
|---|---|---|
| 2022 | -63.7% | -58.4% |
| 2023 | +9.0% | -8.8% |
| 2024 | -56.8% | -72.3% |
| 2025 | +82.5% | +0.0% |
| 2026 | +112.2% | +4.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CMPS and CRBU 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 CMPS and CRBU?
As of 2026-08-27, the correlation of weekly returns between CMPS and CRBU is 0.45 over 3 years, 0.42 over 1 year and 0.41 over 5 years.
Is CRBU a good diversifier for CMPS?
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?
A reading of 0.45 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
$ curl https://www.pairbook.io/api/v1/pairs/cmps-vs-crbu.json
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Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CMPS correlations · CRBU correlations
