GLUE vs IPSC: Correlation
Monte Rosa Therapeutics, Inc. (GLUE) and Century Therapeutics, Inc. (IPSC) show a moderate relationship: their 3-year correlation of weekly returns is 0.46.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GLUE and IPSC?
Across a 3-year window, the weekly returns of GLUE and IPSC correlate at 0.46, moderate. Little has changed lately, as the 1-year reading of 0.53 lands near the 3-year figure. Stretching to 5 years gives 0.41, with an annualized covariance of 5302.8 %².
Within GLUE's tracked universe of 16 assets, IPSC comes in at #5 by 3-year correlation. The last year tells two different stories: IPSC led by 126.4 percentage points, +206.6% for GLUE against +333.0% for IPSC.
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.
GLUE vs IPSC: side by side
| GLUE (Monte Rosa Therapeutics, Inc.) | IPSC (Century Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | +206.6% | +333.0% |
| 5-year return | -61.7% | -90.7% |
| Volatility (ann.) | 104.5% | 111.4% |
| Beta vs S&P 500 | 1.91 | 2.01 |
| Max drawdown (3Y) | -64.3% | -92.7% |
| Market cap | $1.2B | $0.4B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GLUE | IPSC |
|---|---|---|
| 2022 | -62.7% | -67.7% |
| 2023 | -25.8% | -35.3% |
| 2024 | +22.8% | -69.6% |
| 2025 | +125.9% | -1.5% |
| 2026 | -8.7% | +124.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GLUE and IPSC good diversifiers for each other?
Reasonably. At 0.46, GLUE and IPSC keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between GLUE and IPSC?
As of 2026-08-27, the correlation of weekly returns between GLUE and IPSC is 0.46 over 3 years, 0.53 over 1 year and 0.41 over 5 years.
Is IPSC a good diversifier for GLUE?
Reasonably. At 0.46, GLUE and IPSC keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.46 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/glue-vs-ipsc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/glue-vs-ipsc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GLUE correlations · IPSC correlations
