LXEO vs RAPP: Correlation
How closely do Lexeo Therapeutics, Inc. (LXEO) and Rapport Therapeutics, Inc. (RAPP) trade together? Their weekly returns over three years give a correlation of 0.45, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LXEO and RAPP?
Across a 3-year window, the weekly returns of LXEO and RAPP correlate at 0.45, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.19 versus 0.45 over 3 years. Stretching to 5 years gives n/a, with an annualized covariance of 4341.0 %².
Within LXEO's tracked universe of 13 assets, RAPP comes in at #5 by 3-year correlation. Correlation aside, the last 12 months split them widely, with RAPP ahead by 236.6 points (+2.9% versus +239.5%).
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.
LXEO vs RAPP: side by side
| LXEO (Lexeo Therapeutics, Inc.) | RAPP (Rapport Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | +2.9% | +239.5% |
| 5-year return | n/a | n/a |
| Volatility (ann.) | 103.0% | 89.6% |
| Beta vs S&P 500 | 2.10 | 1.91 |
| Max drawdown (3Y) | -90.5% | -75.5% |
| Market cap | $0.4B | $2.4B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LXEO | RAPP |
|---|---|---|
| 2024 | -51.0% | – |
| 2025 | +50.9% | +71.0% |
| 2026 | -49.7% | +67.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LXEO and RAPP good diversifiers for each other?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between LXEO and RAPP?
Using weekly returns as of 2026-08-27: 0.45 over 3 years, with 0.19 over the last year and n/a over 5 years.
Is RAPP a good diversifier for LXEO?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.45 mean?
A reading of 0.45 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/lxeo-vs-rapp.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/lxeo-vs-rapp/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: LXEO correlations · RAPP correlations
