JCTC vs XERS: Correlation
Jewett-Cameron Trading Company (JCTC) and Xeris Biopharma Holdings, Inc. (XERS) show a moderate relationship: their 3-year correlation of weekly returns is 0.30.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JCTC and XERS?
On 3 years of weekly data the JCTC/XERS correlation comes out at 0.30, moderate. Recent behaviour matches the longer record: 0.37 over 1 year against 0.30 over 3. The 5-year figure is 0.17, and annualized covariance runs at 768.5 %².
Within JCTC's tracked universe of 10 assets, XERS comes in at #5 by 3-year correlation. The last year tells two different stories: XERS led by 26.4 percentage points, -18.8% for JCTC against +7.6% for XERS.
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.
JCTC vs XERS: side by side
| JCTC (Jewett-Cameron Trading Company) | XERS (Xeris Biopharma Holdings, Inc.) | |
|---|---|---|
| 1-year return | -18.8% | +7.6% |
| 5-year return | -72.2% | +212.7% |
| Volatility (ann.) | 44.2% | 58.5% |
| Beta vs S&P 500 | 0.37 | 1.29 |
| Max drawdown (3Y) | -74.1% | -47.2% |
| Market cap | – | $1.6B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | JCTC | XERS |
|---|---|---|
| 2022 | -32.4% | -54.6% |
| 2023 | -4.7% | +76.7% |
| 2024 | -14.5% | +44.3% |
| 2025 | -51.5% | +131.6% |
| 2026 | +30.2% | +9.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JCTC and XERS good diversifiers for each other?
Reasonably. At 0.30, JCTC and XERS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between JCTC and XERS?
Using weekly returns as of 2026-08-27: 0.30 over 3 years, with 0.37 over the last year and 0.17 over 5 years.
Is XERS a good diversifier for JCTC?
Reasonably. At 0.30, JCTC and XERS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.30 mean?
A reading of 0.30 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/jctc-vs-xers.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/jctc-vs-xers/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: JCTC correlations · XERS correlations
