NXTC vs VIRT: Correlation
How closely do NextCure, Inc. (NXTC) and Virtu Financial, Inc. (VIRT) trade together? Their weekly returns over three years give a correlation of -0.23, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NXTC and VIRT?
Across a 3-year window, the weekly returns of NXTC and VIRT correlate at -0.23, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.41 versus -0.23 over 3 years. Stretching to 5 years gives -0.15, with an annualized covariance of -1310.0 %².
VIRT is close to the least connected end of NXTC's tracked universe, ranking #15 of 18. Correlation aside, the last 12 months split them widely, with VIRT ahead by 45.2 points (+15.3% versus +60.5%). Note the risk asymmetry: NXTC runs 4.4 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.
NXTC vs VIRT: side by side
| NXTC (NextCure, Inc.) | VIRT (Virtu Financial, Inc.) | |
|---|---|---|
| 1-year return | +15.3% | +60.5% |
| 5-year return | -93.2% | +221.4% |
| Volatility (ann.) | 160.1% | 36.1% |
| Beta vs S&P 500 | 1.18 | 0.38 |
| Max drawdown (3Y) | -94.6% | -27.8% |
| Market cap | – | $5.9B |
| P/E (trailing) | – | 11.1 |
| Dividend yield | 0.00% | 1.46% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | NXTC | VIRT |
|---|---|---|
| 2022 | -76.5% | -26.5% |
| 2023 | -19.1% | +4.6% |
| 2024 | -32.4% | +83.0% |
| 2025 | +53.4% | -4.2% |
| 2026 | -57.5% | +103.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NXTC and VIRT good diversifiers for each other?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between NXTC and VIRT?
As of 2026-08-27, the correlation of weekly returns between NXTC and VIRT is -0.23 over 3 years, -0.41 over 1 year and -0.15 over 5 years.
Is VIRT a good diversifier for NXTC?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.23 mean?
A reading of -0.23 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
$ curl https://www.pairbook.io/api/v1/pairs/nxtc-vs-virt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/nxtc-vs-virt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: NXTC correlations · VIRT correlations
