GYRE vs RXRX: Correlation
How closely do Gyre Therapeutics, Inc. (GYRE) and Recursion Pharmaceuticals, Inc. (RXRX) trade together? Their weekly returns over three years give a correlation of 0.34, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GYRE and RXRX?
Across a 3-year window, the weekly returns of GYRE and RXRX correlate at 0.34, moderate. Little has changed lately, as the 1-year reading of 0.43 lands near the 3-year figure. Stretching to 5 years gives 0.19, with an annualized covariance of 2621.3 %².
In GYRE's tracked universe of 11 assets, RXRX sits right near the top at #3. On 12-month performance GYRE holds a 12.1-point edge, -17.6% against -29.7%.
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.
GYRE vs RXRX: side by side
| GYRE (Gyre Therapeutics, Inc.) | RXRX (Recursion Pharmaceuticals, Inc.) | |
|---|---|---|
| 1-year return | -17.6% | -29.7% |
| 5-year return | -38.8% | -86.0% |
| Volatility (ann.) | 93.7% | 82.2% |
| Beta vs S&P 500 | 1.58 | 3.07 |
| Max drawdown (3Y) | -81.3% | -81.7% |
| Market cap | $0.7B | $1.8B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GYRE | RXRX |
|---|---|---|
| 2022 | +121.5% | -55.0% |
| 2023 | +422.0% | +27.9% |
| 2024 | -52.9% | -31.4% |
| 2025 | -41.7% | -39.5% |
| 2026 | -5.4% | -15.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GYRE and RXRX good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.34 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between GYRE and RXRX?
As of 2026-08-27, the correlation of weekly returns between GYRE and RXRX is 0.34 over 3 years, 0.43 over 1 year and 0.19 over 5 years.
Is RXRX a good diversifier for GYRE?
Yes, to a useful degree: a correlation of 0.34 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.34 mean?
A reading of 0.34 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/gyre-vs-rxrx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/gyre-vs-rxrx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GYRE correlations · RXRX correlations
