RLMD vs UPXI: Correlation
How closely do Relmada Therapeutics, Inc. (RLMD) and Upexi, Inc. (UPXI) trade together? Their weekly returns over three years give a correlation of 0.50, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RLMD and UPXI?
Over the past 3 years, RLMD and UPXI moved with a correlation of 0.50, which is moderate. Lately the two have drifted apart, with the 1-year correlation at -0.02 versus 0.50 over 3 years. Over 5 years the correlation is 0.43, and the annualized covariance of weekly returns is 24213.1 %².
Few assets follow RLMD as closely as UPXI, which ranks #1 of 11 tracked partners. Their recent paths diverged sharply: over the last 12 months RLMD outperformed by 660.5 percentage points (+574.6% for RLMD against -85.9% for UPXI). Risk is not evenly split, since UPXI carries 2.7 times the volatility of the other side.
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.
RLMD vs UPXI: side by side
| RLMD (Relmada Therapeutics, Inc.) | UPXI (Upexi, Inc.) | |
|---|---|---|
| 1-year return | +574.6% | -85.9% |
| 5-year return | -81.0% | -98.9% |
| Volatility (ann.) | 134.2% | 364.4% |
| Beta vs S&P 500 | 1.62 | 5.11 |
| Max drawdown (3Y) | -96.3% | -98.5% |
| Market cap | $0.5B | $0.1B |
| P/E (trailing) | – | 2.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RLMD | UPXI |
|---|---|---|
| 2022 | -84.5% | -25.4% |
| 2023 | +18.6% | -61.3% |
| 2024 | -87.4% | -84.9% |
| 2025 | +828.8% | -52.1% |
| 2026 | -6.4% | -31.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RLMD and UPXI good diversifiers for each other?
To a limited degree. At 0.50 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between RLMD and UPXI?
Using weekly returns as of 2026-08-27: 0.50 over 3 years, with -0.02 over the last year and 0.43 over 5 years.
Is UPXI a good diversifier for RLMD?
To a limited degree. At 0.50 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.50 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
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Hubs: RLMD correlations · UPXI correlations