EXC vs LNAI: Correlation
How closely do Exelon (EXC) and Lunai Bioworks Inc. (LNAI) trade together? Their weekly returns over three years give a correlation of -0.24, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EXC and LNAI?
Over the past 3 years, EXC and LNAI moved with a correlation of -0.24, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.30) sits close to the 3-year figure. Over 5 years the correlation is -0.15, and the annualized covariance of weekly returns is -803.2 %².
By 3-year correlation, LNAI places #35 of the 41 assets tracked against EXC. Their recent paths diverged sharply: over the last 12 months EXC outperformed by 90.3 percentage points (+1.7% for EXC against -88.6% for LNAI). Note the risk asymmetry: LNAI runs 8.7 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 LNAI: side by side
| EXC (Exelon) | LNAI (Lunai Bioworks Inc.) | |
|---|---|---|
| 1-year return | +1.7% | -88.6% |
| 5-year return | +48.1% | -99.6% |
| Volatility (ann.) | 19.4% | 169.5% |
| Beta vs S&P 500 | -0.05 | 1.43 |
| Max drawdown (3Y) | -18.9% | -99.6% |
| Market cap | $45.3B | – |
| P/E (trailing) | 16.3 | – |
| Dividend yield | 3.69% | 0.00% |
| Sector / category | Utilities | US Listed |
Year-by-year returns
| Year | EXC | LNAI |
|---|---|---|
| 2022 | +8.3% | -85.9% |
| 2023 | -14.0% | +207.8% |
| 2024 | +9.2% | -73.6% |
| 2025 | +20.0% | -89.4% |
| 2026 | +2.7% | -66.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EXC and LNAI good diversifiers for each other?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between EXC and LNAI?
As of 2026-08-27, the correlation of weekly returns between EXC and LNAI is -0.24 over 3 years, -0.30 over 1 year and -0.15 over 5 years.
Is LNAI a good diversifier for EXC?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.24 mean?
On the −1 to +1 scale, -0.24 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-lnai.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/exc-vs-lnai/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: EXC correlations · LNAI correlations
