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NATR vs XGN: Correlation

How closely do Nature's Sunshine Products, Inc. (NATR) and Exagen Inc. (XGN) trade together? Their weekly returns over three years give a correlation of -0.32, which is negative.

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

Correlation (3Y)
-0.32
negative
Correlation (1Y)
-0.46
last 12 months
Correlation (5Y)
-0.15
long-run
Ann. covariance
-1197.1
%² · weekly, annualized

How correlated are NATR and XGN?

On 3 years of weekly data the NATR/XGN correlation comes out at -0.32, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.46 versus -0.32 over 3 years. The 5-year figure is -0.15, and annualized covariance runs at -1197.1 %².

Out of 14 assets tracked against NATR, XGN lands near the bottom at #13. Neither side won the trailing year by much: -17.5% against -21.3%. One caveat on sizing: XGN is 2.1 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.

NATR vs XGN: side by side

NATR (Nature's Sunshine Products, Inc.)XGN (Exagen Inc.)
1-year return-17.5%-21.3%
5-year return-19.3%-47.1%
Volatility (ann.)42.5%88.9%
Beta vs S&P 5000.331.41
Max drawdown (3Y)-49.9%-77.8%
Market cap$0.2B$0.2B
P/E (trailing)13.9
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: NATR -49.9% vs -77.8%Higher 5y return: NATR -19.3% vs -47.1%
-72%0%+62%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. NATR · XGN

Year-by-year returns

YearNATRXGN
2022-55.0%-79.4%
2023+107.8%-17.1%
2024-15.2%+106.0%
2025+47.2%+48.3%
2026-35.5%+23.7%

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

Are NATR and XGN good diversifiers for each other?

Yes. With a correlation of -0.32, NATR and XGN have moved largely independently, which makes them a genuinely diversifying pair by historical standards.

FAQ

What is the correlation between NATR and XGN?

Using weekly returns as of 2026-08-27: -0.32 over 3 years, with -0.46 over the last year and -0.15 over 5 years.

Is XGN a good diversifier for NATR?

Yes. With a correlation of -0.32, NATR and XGN have moved largely independently, which makes them a genuinely diversifying pair by historical standards.

What does a correlation of -0.32 mean?

A reading of -0.32 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

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

NATR vs XGN: 3-year weekly correlation -0.32NATR vs XGN-0.32

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Related comparisons

Hubs: NATR correlations · XGN correlations