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JSPR vs WT: Correlation

Measured on weekly returns over the past three years, Jasper Therapeutics, Inc. (JSPR) and WisdomTree, Inc. (WT) carry a correlation of 0.38, a moderate link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.38
moderate
Correlation (1Y)
0.37
last 12 months
Correlation (5Y)
0.28
long-run
Ann. covariance
1468.4
%² · weekly, annualized

How correlated are JSPR and WT?

Across a 3-year window, the weekly returns of JSPR and WT correlate at 0.38, moderate. Recent behaviour matches the longer record: 0.37 over 1 year against 0.38 over 3. Stretching to 5 years gives 0.28, with an annualized covariance of 1468.4 %².

In JSPR's tracked universe of 11 assets, WT sits right near the top at #3. The last year tells two different stories: WT led by 162.6 percentage points, -75.9% for JSPR against +86.7% for WT. One caveat on sizing: JSPR is 3.3 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.

JSPR vs WT: side by side

JSPR (Jasper Therapeutics, Inc.)WT (WisdomTree, Inc.)
1-year return-75.9%+86.7%
5-year return-99.3%+330.3%
Volatility (ann.)114.2%34.2%
Beta vs S&P 5002.781.17
Max drawdown (3Y)-98.9%-36.9%
Market cap$3.8B
P/E (trailing)44.7
Dividend yield0.00%0.48%
Sector / categoryUS ListedUS Listed
Higher yield: WT 0.48% vs 0.00%Smaller drawdown: WT -36.9% vs -98.9%Higher 5y return: WT +330.3% vs -99.3%
-88%0%+88%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. JSPR · WT

Year-by-year returns

YearJSPRWT
2022-93.8%-8.9%
2023+63.4%+29.6%
2024+171.0%+53.5%
2025-91.4%+17.4%
2026-61.8%+106.4%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are JSPR and WT good diversifiers for each other?

A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between JSPR and WT?

Using weekly returns as of 2026-08-27: 0.38 over 3 years, with 0.37 over the last year and 0.28 over 5 years.

Is WT a good diversifier for JSPR?

A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.38 mean?

Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.

Use this data

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/jspr-vs-wt.json

JSPR vs WT: 3-year weekly correlation 0.38JSPR vs WT0.38

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Related comparisons

Hubs: JSPR correlations · WT correlations