EXC vs IMMX: Correlation
Exelon (EXC) and Immix Biopharma, Inc. (IMMX) show a negative relationship: their 3-year correlation of weekly returns is -0.21.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EXC and IMMX?
On 3 years of weekly data the EXC/IMMX correlation comes out at -0.21, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.18 lands near the 3-year figure. The 5-year figure is -0.09, and annualized covariance runs at -351.7 %².
Within EXC's tracked universe of 41 assets, IMMX comes in at #26 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months IMMX outperformed by 628.4 percentage points (+1.7% for EXC against +630.1% for IMMX). Note the risk asymmetry: IMMX runs 4.5 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
EXC vs IMMX: side by side
| EXC (Exelon) | IMMX (Immix Biopharma, Inc.) | |
|---|---|---|
| 1-year return | +1.7% | +630.1% |
| 5-year return | +48.1% | +289.9% |
| Volatility (ann.) | 19.4% | 86.8% |
| Beta vs S&P 500 | -0.05 | 1.23 |
| Max drawdown (3Y) | -18.9% | -81.6% |
| Market cap | $45.3B | $1.0B |
| P/E (trailing) | 16.3 | – |
| Dividend yield | 3.69% | 0.00% |
| Sector / category | Utilities | US Listed |
Year-by-year returns
| Year | EXC | IMMX |
|---|---|---|
| 2022 | +8.3% | -35.7% |
| 2023 | -14.0% | +202.2% |
| 2024 | +9.2% | -68.2% |
| 2025 | +20.0% | +137.7% |
| 2026 | +2.7% | +173.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EXC and IMMX good diversifiers for each other?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between EXC and IMMX?
The EXC/IMMX correlation stands at -0.21 on a 3-year window (1 year: -0.18, 5 years: -0.09), computed from weekly returns as of 2026-08-27.
Is IMMX a good diversifier for EXC?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.21 mean?
On the −1 to +1 scale, -0.21 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/exc-vs-immx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/exc-vs-immx/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: EXC correlations · IMMX correlations
