LNG vs RNTX: Correlation
Cheniere Energy, Inc. (LNG) and Rein Therapeutics, Inc. (RNTX) show a negative relationship: their 3-year correlation of weekly returns is -0.21.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LNG and RNTX?
On 3 years of weekly data the LNG/RNTX correlation comes out at -0.21, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.42) than the 3-year average (-0.21). The 5-year figure is -0.04, and annualized covariance runs at -594.2 %².
Out of 20 assets tracked against LNG, RNTX lands near the bottom at #16. Correlation aside, the last 12 months split them widely, with LNG ahead by 46.2 points (+17.4% versus -28.8%). Note the risk asymmetry: RNTX runs 3.5 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.
LNG vs RNTX: side by side
| LNG (Cheniere Energy, Inc.) | RNTX (Rein Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | +17.4% | -28.8% |
| 5-year return | +231.8% | -96.4% |
| Volatility (ann.) | 28.3% | 98.8% |
| Beta vs S&P 500 | 0.13 | 1.78 |
| Max drawdown (3Y) | -24.9% | -89.7% |
| Market cap | $58.0B | $0.1B |
| P/E (trailing) | 21.5 | – |
| Dividend yield | 0.78% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LNG | RNTX |
|---|---|---|
| 2022 | +49.3% | -79.0% |
| 2023 | +15.0% | +28.6% |
| 2024 | +27.2% | -24.6% |
| 2025 | -8.7% | -49.6% |
| 2026 | +45.5% | -32.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LNG and RNTX good diversifiers for each other?
Yes. With a correlation of -0.21, LNG and RNTX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between LNG and RNTX?
The LNG/RNTX correlation stands at -0.21 on a 3-year window (1 year: -0.42, 5 years: -0.04), computed from weekly returns as of 2026-08-27.
Is RNTX a good diversifier for LNG?
Yes. With a correlation of -0.21, LNG and RNTX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.21 mean?
On the −1 to +1 scale, -0.21 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/lng-vs-rntx.json
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Related comparisons
Hubs: LNG correlations · RNTX correlations
