IMRX vs RAPP: Correlation
Immuneering Corporation (IMRX) and Rapport Therapeutics, Inc. (RAPP) show a moderate relationship: their 3-year correlation of weekly returns is 0.40.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IMRX and RAPP?
Over the past 3 years, IMRX and RAPP moved with a correlation of 0.40, which is moderate. The past 12 months show a tighter link (0.61) than the 3-year average (0.40). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 3996.9 %².
Few assets follow IMRX as closely as RAPP, which ranks #2 of 11 tracked partners. Their recent paths diverged sharply: over the last 12 months RAPP outperformed by 239.1 percentage points (+0.4% for IMRX against +239.5% for RAPP).
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.
IMRX vs RAPP: side by side
| IMRX (Immuneering Corporation) | RAPP (Rapport Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | +0.4% | +239.5% |
| 5-year return | -80.2% | n/a |
| Volatility (ann.) | 116.1% | 89.6% |
| Beta vs S&P 500 | 2.14 | 1.91 |
| Max drawdown (3Y) | -88.7% | -75.5% |
| Market cap | $0.3B | $2.4B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | IMRX | RAPP |
|---|---|---|
| 2022 | -70.0% | – |
| 2023 | +51.5% | – |
| 2024 | -70.1% | – |
| 2025 | +199.1% | +71.0% |
| 2026 | -20.8% | +67.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IMRX and RAPP good diversifiers for each other?
Reasonably. At 0.40, IMRX and RAPP keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between IMRX and RAPP?
The IMRX/RAPP correlation stands at 0.40 on a 3-year window (1 year: 0.61, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is RAPP a good diversifier for IMRX?
Reasonably. At 0.40, IMRX and RAPP keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.40 mean?
A reading of 0.40 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: IMRX correlations · RAPP correlations
