IMXI vs WBTN: Correlation
International Money Express, Inc. (IMXI) and WEBTOON Entertainment Inc. (WBTN) show a moderate relationship: their 3-year correlation of weekly returns is 0.59.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IMXI and WBTN?
Across a 3-year window, the weekly returns of IMXI and WBTN correlate at 0.59, moderate. The past 12 months show a weaker link (-0.01) than the 3-year average (0.59). Stretching to 5 years gives n/a, with an annualized covariance of 2493.2 %².
WBTN is one of the assets that tracks IMXI most closely: it ranks #2 out of the 16 assets we track against IMXI. Their recent paths diverged sharply: over the last 12 months IMXI outperformed by 34.9 percentage points (+0.5% for IMXI against -34.4% for WBTN). Note the risk asymmetry: WBTN runs 1.7 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
IMXI vs WBTN: side by side
| IMXI (International Money Express, Inc.) | WBTN (WEBTOON Entertainment Inc.) | |
|---|---|---|
| 1-year return | +0.5% | -34.4% |
| 5-year return | -19.7% | n/a |
| Volatility (ann.) | 47.9% | 80.5% |
| Beta vs S&P 500 | 0.78 | 1.69 |
| Max drawdown (3Y) | -61.8% | -70.6% |
| Market cap | $0.4B | $1.4B |
| P/E (trailing) | 23.8 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | IMXI | WBTN |
|---|---|---|
| 2022 | +52.7% | – |
| 2023 | -9.4% | – |
| 2024 | -5.7% | – |
| 2025 | -26.3% | -4.1% |
| 2026 | -5.7% | -23.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IMXI and WBTN good diversifiers for each other?
Somewhat, no more. With 0.59 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between IMXI and WBTN?
As of 2026-08-27, the correlation of weekly returns between IMXI and WBTN is 0.59 over 3 years, -0.01 over 1 year and n/a over 5 years.
Is WBTN a good diversifier for IMXI?
Somewhat, no more. With 0.59 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.59 mean?
On the −1 to +1 scale, 0.59 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/imxi-vs-wbtn.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/imxi-vs-wbtn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: IMXI correlations · WBTN correlations
