ENTX vs JANX: Correlation
Entera Bio Ltd. (ENTX) and Janux Therapeutics, Inc. (JANX) show a moderate relationship: their 3-year correlation of weekly returns is 0.34.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ENTX and JANX?
On 3 years of weekly data the ENTX/JANX correlation comes out at 0.34, moderate. Recent behaviour matches the longer record: 0.26 over 1 year against 0.34 over 3. The 5-year figure is 0.22, and annualized covariance runs at 4805.7 %².
JANX is one of the assets that tracks ENTX most closely: it ranks #2 out of the 24 assets we track against ENTX. Correlation aside, the last 12 months split them widely, with ENTX ahead by 76.7 points (+57.1% versus -19.6%). One caveat on sizing: JANX is 1.5 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.
ENTX vs JANX: side by side
| ENTX (Entera Bio Ltd.) | JANX (Janux Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | +57.1% | -19.6% |
| 5-year return | -36.1% | -42.6% |
| Volatility (ann.) | 96.7% | 148.0% |
| Beta vs S&P 500 | 0.33 | 1.76 |
| Max drawdown (3Y) | -68.2% | -81.8% |
| Market cap | $0.5B | $1.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ENTX | JANX |
|---|---|---|
| 2022 | -74.1% | -33.2% |
| 2023 | -17.8% | -18.5% |
| 2024 | +253.3% | +399.0% |
| 2025 | -8.5% | -74.2% |
| 2026 | +58.8% | +36.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ENTX and JANX good diversifiers for each other?
A fair diversifier. At 0.34, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ENTX and JANX?
The ENTX/JANX correlation stands at 0.34 on a 3-year window (1 year: 0.26, 5 years: 0.22), computed from weekly returns as of 2026-08-27.
Is JANX a good diversifier for ENTX?
A fair diversifier. At 0.34, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.34 mean?
On the −1 to +1 scale, 0.34 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/entx-vs-janx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/entx-vs-janx/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ENTX correlations · JANX correlations
