IMUX vs RLYB: Correlation
Immunic, Inc. (IMUX) and Rallybio Corporation (RLYB) show a moderate relationship: their 3-year correlation of weekly returns is 0.37.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IMUX and RLYB?
Across a 3-year window, the weekly returns of IMUX and RLYB correlate at 0.37, moderate. Little has changed lately, as the 1-year reading of 0.31 lands near the 3-year figure. Stretching to 5 years gives 0.11, with an annualized covariance of 2774.3 %².
By 3-year correlation, RLYB places #8 of the 13 assets tracked against IMUX. The last year tells two different stories: RLYB led by 164.5 percentage points, +90.6% for IMUX against +255.1% for RLYB.
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.
IMUX vs RLYB: side by side
| IMUX (Immunic, Inc.) | RLYB (Rallybio Corporation) | |
|---|---|---|
| 1-year return | +90.6% | +255.1% |
| 5-year return | -83.6% | -83.7% |
| Volatility (ann.) | 76.2% | 99.0% |
| Beta vs S&P 500 | 1.04 | 0.78 |
| Max drawdown (3Y) | -73.8% | -95.5% |
| Market cap | $0.2B | $0.1B |
| P/E (trailing) | – | 2.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | IMUX | RLYB |
|---|---|---|
| 2022 | -85.4% | -31.1% |
| 2023 | +7.1% | -63.6% |
| 2024 | -33.3% | -59.8% |
| 2025 | -46.6% | -28.5% |
| 2026 | +205.2% | +205.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IMUX and RLYB good diversifiers for each other?
Reasonably. At 0.37, IMUX and RLYB keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between IMUX and RLYB?
As of 2026-08-27, the correlation of weekly returns between IMUX and RLYB is 0.37 over 3 years, 0.31 over 1 year and 0.11 over 5 years.
Is RLYB a good diversifier for IMUX?
Reasonably. At 0.37, IMUX and RLYB keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.37 mean?
On the −1 to +1 scale, 0.37 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/imux-vs-rlyb.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/imux-vs-rlyb/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: IMUX correlations · RLYB correlations
