NXTC vs YUM: Correlation
Measured on weekly returns over the past three years, NextCure, Inc. (NXTC) and Yum! Brands (YUM) carry a correlation of -0.22, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NXTC and YUM?
Across a 3-year window, the weekly returns of NXTC and YUM correlate at -0.22, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.40) runs below the 3-year figure (-0.22). Stretching to 5 years gives -0.14, with an annualized covariance of -766.2 %².
Among the 18 assets we track against NXTC, YUM sits near the bottom by co-movement, at rank #14. Over the last 12 months NXTC came out ahead by 9.6 percentage points (+15.3% against +5.7%). One caveat on sizing: NXTC is 7.5 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.
NXTC vs YUM: side by side
| NXTC (NextCure, Inc.) | YUM (Yum! Brands) | |
|---|---|---|
| 1-year return | +15.3% | +5.7% |
| 5-year return | -93.2% | +26.2% |
| Volatility (ann.) | 160.1% | 21.3% |
| Beta vs S&P 500 | 1.18 | 0.34 |
| Max drawdown (3Y) | -94.6% | -14.5% |
| Market cap | – | $41.1B |
| P/E (trailing) | – | 19.0 |
| Dividend yield | 0.00% | 0.95% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | NXTC | YUM |
|---|---|---|
| 2022 | -76.5% | -6.0% |
| 2023 | -19.1% | +3.9% |
| 2024 | -32.4% | +4.7% |
| 2025 | +53.4% | +14.9% |
| 2026 | -57.5% | +0.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NXTC and YUM good diversifiers for each other?
Yes. With a correlation of -0.22, NXTC and YUM have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between NXTC and YUM?
The NXTC/YUM correlation stands at -0.22 on a 3-year window (1 year: -0.40, 5 years: -0.14), computed from weekly returns as of 2026-08-27.
Is YUM a good diversifier for NXTC?
Yes. With a correlation of -0.22, NXTC and YUM have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.22 mean?
A reading of -0.22 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-yum.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/nxtc-vs-yum/)
No key needed, free to use. Full endpoint list in the API documentation.
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Hubs: NXTC correlations · YUM correlations
