NXGL vs YJ: Correlation
NexGel, Inc (NXGL) and Yunji Inc. - American Depository Shares (YJ) show a negative relationship: their 3-year correlation of weekly returns is -0.25.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NXGL and YJ?
On 3 years of weekly data the NXGL/YJ correlation comes out at -0.25, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.37 versus -0.25 over 3 years. The 5-year figure is -0.21, and annualized covariance runs at -2807.1 %².
Out of 11 assets tracked against NXGL, YJ lands near the bottom at #9. The last year tells two different stories: YJ led by 168.3 percentage points, -85.0% for NXGL against +83.3% for YJ. One caveat on sizing: YJ is 1.7 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.
NXGL vs YJ: side by side
| NXGL (NexGel, Inc) | YJ (Yunji Inc. - American Depository Shares) | |
|---|---|---|
| 1-year return | -85.0% | +83.3% |
| 5-year return | -90.1% | -89.8% |
| Volatility (ann.) | 79.8% | 139.4% |
| Beta vs S&P 500 | 1.14 | 0.56 |
| Max drawdown (3Y) | -93.3% | -73.6% |
| Market cap | – | – |
| P/E (trailing) | – | 1.5 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | NXGL | YJ |
|---|---|---|
| 2022 | -52.1% | +30.7% |
| 2023 | +70.4% | -91.3% |
| 2024 | +109.4% | -43.4% |
| 2025 | -63.9% | -26.7% |
| 2026 | -78.3% | +170.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NXGL and YJ good diversifiers for each other?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
FAQ
What is the correlation between NXGL and YJ?
The NXGL/YJ correlation stands at -0.25 on a 3-year window (1 year: -0.37, 5 years: -0.21), computed from weekly returns as of 2026-08-27.
Is YJ a good diversifier for NXGL?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
What does a correlation of -0.25 mean?
On the −1 to +1 scale, -0.25 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/nxgl-vs-yj.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/nxgl-vs-yj/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: NXGL correlations · YJ correlations
