MRKR vs USB: Correlation
Measured on weekly returns over the past three years, Marker Therapeutics, Inc. (MRKR) and U.S. Bancorp (USB) carry a correlation of 0.39, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MRKR and USB?
Over the past 3 years, MRKR and USB moved with a correlation of 0.39, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.21 versus 0.39 over 3 years. Over 5 years the correlation is 0.20, and the annualized covariance of weekly returns is 933.1 %².
Among the 12 assets we track against MRKR, USB ranks #5 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months MRKR outperformed by 22.2 percentage points (+55.3% for MRKR against +33.1% for USB). Note the risk asymmetry: MRKR runs 3.2 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.
MRKR vs USB: side by side
| MRKR (Marker Therapeutics, Inc.) | USB (U.S. Bancorp) | |
|---|---|---|
| 1-year return | +55.3% | +33.1% |
| 5-year return | -92.3% | +36.0% |
| Volatility (ann.) | 88.6% | 27.3% |
| Beta vs S&P 500 | 1.92 | 1.09 |
| Max drawdown (3Y) | -86.2% | -30.6% |
| Market cap | – | $97.2B |
| P/E (trailing) | – | 12.5 |
| Dividend yield | 0.00% | 3.31% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | MRKR | USB |
|---|---|---|
| 2022 | -71.6% | -19.1% |
| 2023 | +103.7% | +4.8% |
| 2024 | -43.5% | +15.6% |
| 2025 | -52.1% | +16.5% |
| 2026 | -2.0% | +19.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MRKR and USB good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between MRKR and USB?
As of 2026-08-27, the correlation of weekly returns between MRKR and USB is 0.39 over 3 years, 0.21 over 1 year and 0.20 over 5 years.
Is USB a good diversifier for MRKR?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.39 mean?
On the −1 to +1 scale, 0.39 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/mrkr-vs-usb.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/mrkr-vs-usb/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: MRKR correlations · USB correlations
