GNPX vs WEX: Correlation
Measured on weekly returns over the past three years, Genprex, Inc. (GNPX) and WEX Inc. (WEX) carry a correlation of -0.23, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GNPX and WEX?
Over the past 3 years, GNPX and WEX moved with a correlation of -0.23, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.00 versus -0.23 over 3 years. Over 5 years the correlation is -0.10, and the annualized covariance of weekly returns is -2069.5 %².
Among the 33 assets we track against GNPX, WEX ranks #22 by 3-year correlation. Correlation aside, the last 12 months split them widely, with WEX ahead by 112.8 points (-98.1% versus +14.7%). One caveat on sizing: GNPX is 7.2 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.
GNPX vs WEX: side by side
| GNPX (Genprex, Inc.) | WEX (WEX Inc.) | |
|---|---|---|
| 1-year return | -98.1% | +14.7% |
| 5-year return | -100.0% | +8.4% |
| Volatility (ann.) | 255.0% | 35.5% |
| Beta vs S&P 500 | -0.45 | 0.97 |
| Max drawdown (3Y) | -100.0% | -53.2% |
| Market cap | – | $6.8B |
| P/E (trailing) | 0.1 | 19.8 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GNPX | WEX |
|---|---|---|
| 2022 | +10.7% | +16.6% |
| 2023 | -84.1% | +18.9% |
| 2024 | -90.7% | -9.9% |
| 2025 | -95.9% | -15.0% |
| 2026 | -90.6% | +33.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GNPX and WEX good diversifiers for each other?
By historical standards, yes. A correlation of -0.23 means the two rarely move for the same reasons.
FAQ
What is the correlation between GNPX and WEX?
Using weekly returns as of 2026-08-27: -0.23 over 3 years, with 0.00 over the last year and -0.10 over 5 years.
Is WEX a good diversifier for GNPX?
By historical standards, yes. A correlation of -0.23 means the two rarely move for the same reasons.
What does a correlation of -0.23 mean?
On the −1 to +1 scale, -0.23 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/gnpx-vs-wex.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gnpx-vs-wex/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GNPX correlations · WEX correlations
