IPW vs KPTI: Correlation
iPower Inc. (IPW) and Karyopharm Therapeutics Inc. (KPTI) show a negative relationship: their 3-year correlation of weekly returns is -0.33.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IPW and KPTI?
Across a 3-year window, the weekly returns of IPW and KPTI correlate at -0.33, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.61) runs below the 3-year figure (-0.33). Stretching to 5 years gives -0.25, with an annualized covariance of -13023.9 %².
Within IPW's tracked universe of 37 assets, KPTI comes in at #32 by 3-year correlation. Correlation aside, the last 12 months split them widely, with KPTI ahead by 23.4 points (-98.6% versus -75.2%). One caveat on sizing: IPW is 4.1 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.
IPW vs KPTI: side by side
| IPW (iPower Inc.) | KPTI (Karyopharm Therapeutics Inc.) | |
|---|---|---|
| 1-year return | -98.6% | -75.2% |
| 5-year return | -99.8% | -97.6% |
| Volatility (ann.) | 405.9% | 98.0% |
| Beta vs S&P 500 | 2.99 | 1.63 |
| Max drawdown (3Y) | -100.0% | -92.7% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | IPW | KPTI |
|---|---|---|
| 2022 | -83.2% | -47.1% |
| 2023 | +12.5% | -74.6% |
| 2024 | +85.1% | -21.8% |
| 2025 | -70.1% | -27.4% |
| 2026 | -96.8% | -73.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IPW and KPTI good diversifiers for each other?
Yes. With a correlation of -0.33, IPW and KPTI have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between IPW and KPTI?
As of 2026-08-27, the correlation of weekly returns between IPW and KPTI is -0.33 over 3 years, -0.61 over 1 year and -0.25 over 5 years.
Is KPTI a good diversifier for IPW?
Yes. With a correlation of -0.33, IPW and KPTI have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.33 mean?
On the −1 to +1 scale, -0.33 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/ipw-vs-kpti.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ipw-vs-kpti/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: IPW correlations · KPTI correlations
