MRKR vs ZNTL: Correlation
Marker Therapeutics, Inc. (MRKR) and Zentalis Pharmaceuticals, Inc. (ZNTL) show a moderate relationship: their 3-year correlation of weekly returns is 0.41.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MRKR and ZNTL?
On 3 years of weekly data the MRKR/ZNTL correlation comes out at 0.41, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.62 versus 0.41 over 3 years. The 5-year figure is 0.28, and annualized covariance runs at 5812.9 %².
ZNTL is one of the assets that tracks MRKR most closely: it ranks #3 out of the 12 assets we track against MRKR. Correlation aside, the last 12 months split them widely, with ZNTL ahead by 57.9 points (+55.3% versus +113.2%). One caveat on sizing: ZNTL is 1.8 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.
MRKR vs ZNTL: side by side
| MRKR (Marker Therapeutics, Inc.) | ZNTL (Zentalis Pharmaceuticals, Inc.) | |
|---|---|---|
| 1-year return | +55.3% | +113.2% |
| 5-year return | -92.3% | -94.1% |
| Volatility (ann.) | 88.6% | 159.7% |
| Beta vs S&P 500 | 1.92 | 2.82 |
| Max drawdown (3Y) | -86.2% | -96.2% |
| Market cap | – | $0.4B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MRKR | ZNTL |
|---|---|---|
| 2022 | -71.6% | -76.0% |
| 2023 | +103.7% | -24.8% |
| 2024 | -43.5% | -80.0% |
| 2025 | -52.1% | -55.4% |
| 2026 | -2.0% | +187.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MRKR and ZNTL good diversifiers for each other?
A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between MRKR and ZNTL?
As of 2026-08-27, the correlation of weekly returns between MRKR and ZNTL is 0.41 over 3 years, 0.62 over 1 year and 0.28 over 5 years.
Is ZNTL a good diversifier for MRKR?
A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.41 mean?
On the −1 to +1 scale, 0.41 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-zntl.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/mrkr-vs-zntl/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: MRKR correlations · ZNTL correlations
