NEXR vs XCUR: Correlation
Measured on weekly returns over the past three years, Nexera Technologies Ltd (NEXR) and Exicure, Inc. (XCUR) carry a correlation of 0.89, a very strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NEXR and XCUR?
Across a 3-year window, the weekly returns of NEXR and XCUR correlate at 0.89, very strong, meaning they move nearly in lockstep. Lately the two have drifted apart, with the 1-year correlation at 0.12 versus 0.89 over 3 years. Stretching to 5 years gives 0.87, with an annualized covariance of 199459.7 %².
Few assets follow NEXR as closely as XCUR, which ranks #2 of 22 tracked partners. Their recent paths diverged sharply: over the last 12 months XCUR outperformed by 24.4 percentage points (-99.7% for NEXR against -75.3% for XCUR). One caveat on sizing: NEXR is 1.9 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.
NEXR vs XCUR: side by side
| NEXR (Nexera Technologies Ltd) | XCUR (Exicure, Inc.) | |
|---|---|---|
| 1-year return | -99.7% | -75.3% |
| 5-year return | n/a | -99.3% |
| Volatility (ann.) | 656.6% | 341.3% |
| Beta vs S&P 500 | 3.62 | 0.92 |
| Max drawdown (3Y) | -100.0% | -96.4% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | NEXR | XCUR |
|---|---|---|
| 2022 | – | -81.0% |
| 2023 | -62.4% | -49.6% |
| 2024 | -15.7% | +371.4% |
| 2025 | -98.1% | -60.4% |
| 2026 | -98.3% | -74.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NEXR and XCUR good diversifiers for each other?
Not really. At 0.89, the two trade almost as one position, and owning both buys little extra protection.
FAQ
What is the correlation between NEXR and XCUR?
The NEXR/XCUR correlation stands at 0.89 on a 3-year window (1 year: 0.12, 5 years: 0.87), computed from weekly returns as of 2026-08-27.
Is XCUR a good diversifier for NEXR?
Not really. At 0.89, the two trade almost as one position, and owning both buys little extra protection.
What does a correlation of 0.89 mean?
A reading of 0.89 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: NEXR correlations · XCUR correlations
