OKUR vs WHWK: Correlation
OnKure Therapeutics, Inc. (OKUR) and Whitehawk Therapeutics, Inc. (WHWK) show a moderate relationship: their 3-year correlation of weekly returns is 0.33.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are OKUR and WHWK?
Across a 3-year window, the weekly returns of OKUR and WHWK correlate at 0.33, moderate. The link has loosened recently: the 1-year correlation (0.17) runs below the 3-year figure (0.33). Stretching to 5 years gives 0.20, with an annualized covariance of 1881.9 %².
Within OKUR's tracked universe of 15 assets, WHWK comes in at #5 by 3-year correlation. The last year tells two different stories: WHWK led by 132.3 percentage points, +36.8% for OKUR against +169.1% for WHWK.
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.
OKUR vs WHWK: side by side
| OKUR (OnKure Therapeutics, Inc.) | WHWK (Whitehawk Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | +36.8% | +169.1% |
| 5-year return | -96.0% | -80.9% |
| Volatility (ann.) | 81.5% | 69.1% |
| Beta vs S&P 500 | 0.59 | 1.03 |
| Max drawdown (3Y) | -97.8% | -80.6% |
| Market cap | $0.2B | $0.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | OKUR | WHWK |
|---|---|---|
| 2022 | -72.7% | -46.9% |
| 2023 | -31.3% | -84.3% |
| 2024 | -46.2% | +56.2% |
| 2025 | -66.3% | -23.3% |
| 2026 | +32.1% | +101.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OKUR and WHWK good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.33 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between OKUR and WHWK?
The OKUR/WHWK correlation stands at 0.33 on a 3-year window (1 year: 0.17, 5 years: 0.20), computed from weekly returns as of 2026-08-27.
Is WHWK a good diversifier for OKUR?
Yes, to a useful degree: a correlation of 0.33 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.33 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
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Related comparisons
Hubs: OKUR correlations · WHWK correlations
