IFRX vs KDP: Correlation
Measured on weekly returns over the past three years, InflaRx N.V. (IFRX) and Keurig Dr Pepper (KDP) carry a correlation of -0.25, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IFRX and KDP?
Across a 3-year window, the weekly returns of IFRX and KDP correlate at -0.25, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.05) runs above the 3-year figure (-0.25). Stretching to 5 years gives -0.03, with an annualized covariance of -594.4 %².
Among the 11 assets we track against IFRX, KDP sits near the bottom by co-movement, at rank #9. The last year tells two different stories: IFRX led by 116.1 percentage points, +127.0% for IFRX against +10.9% for KDP. One caveat on sizing: IFRX is 4.3 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.
IFRX vs KDP: side by side
| IFRX (InflaRx N.V.) | KDP (Keurig Dr Pepper) | |
|---|---|---|
| 1-year return | +127.0% | +10.9% |
| 5-year return | -9.2% | +3.1% |
| Volatility (ann.) | 102.6% | 23.6% |
| Beta vs S&P 500 | 1.54 | 0.14 |
| Max drawdown (3Y) | -82.4% | -31.0% |
| Market cap | $0.3B | $43.4B |
| P/E (trailing) | – | 32.5 |
| Dividend yield | 0.00% | 2.86% |
| Sector / category | US Listed | Consumer Staples |
Year-by-year returns
| Year | IFRX | KDP |
|---|---|---|
| 2022 | -34.9% | -1.2% |
| 2023 | -47.4% | -4.2% |
| 2024 | +51.5% | -1.1% |
| 2025 | -59.1% | -10.1% |
| 2026 | +124.8% | +16.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IFRX and KDP good diversifiers for each other?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
FAQ
What is the correlation between IFRX and KDP?
As of 2026-08-27, the correlation of weekly returns between IFRX and KDP is -0.25 over 3 years, -0.05 over 1 year and -0.03 over 5 years.
Is KDP a good diversifier for IFRX?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
What does a correlation of -0.25 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.
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Related comparisons
Hubs: IFRX correlations · KDP correlations
