RCG vs XCUR: Correlation
Measured on weekly returns over the past three years, RENN Fund, Inc (RCG) and Exicure, Inc. (XCUR) carry a correlation of 0.37, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RCG and XCUR?
Over the past 3 years, RCG and XCUR moved with a correlation of 0.37, which is moderate. The link has loosened recently: the 1-year correlation (0.01) runs below the 3-year figure (0.37). Over 5 years the correlation is 0.27, and the annualized covariance of weekly returns is 3235.9 %².
In RCG's tracked universe of 14 assets, XCUR sits right near the top at #2. The last year tells two different stories: RCG led by 86.4 percentage points, +11.1% for RCG against -75.3% for XCUR. One caveat on sizing: XCUR is 13.2 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.
RCG vs XCUR: side by side
| RCG (RENN Fund, Inc) | XCUR (Exicure, Inc.) | |
|---|---|---|
| 1-year return | +11.1% | -75.3% |
| 5-year return | +24.1% | -99.3% |
| Volatility (ann.) | 25.8% | 341.3% |
| Beta vs S&P 500 | 0.09 | 0.92 |
| Max drawdown (3Y) | -20.0% | -96.4% |
| Market cap | – | – |
| P/E (trailing) | 26.5 | – |
| Dividend yield | 0.71% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RCG | XCUR |
|---|---|---|
| 2022 | -31.5% | -81.0% |
| 2023 | -4.7% | -49.6% |
| 2024 | +31.6% | +371.4% |
| 2025 | +16.2% | -60.4% |
| 2026 | +13.6% | -74.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RCG and XCUR good diversifiers for each other?
A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between RCG and XCUR?
As of 2026-08-27, the correlation of weekly returns between RCG and XCUR is 0.37 over 3 years, 0.01 over 1 year and 0.27 over 5 years.
Is XCUR a good diversifier for RCG?
A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.37 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/rcg-vs-xcur.json
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Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: RCG correlations · XCUR correlations
