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RNTX vs STTK: Correlation

Rein Therapeutics, Inc. (RNTX) and Shattuck Labs, Inc. (STTK) show a moderate relationship: their 3-year correlation of weekly returns is 0.35.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.35
moderate
Correlation (1Y)
0.04
last 12 months
Correlation (5Y)
0.27
long-run
Ann. covariance
4991.6
%² · weekly, annualized

How correlated are RNTX and STTK?

Over the past 3 years, RNTX and STTK moved with a correlation of 0.35, which is moderate. The link has loosened recently: the 1-year correlation (0.04) runs below the 3-year figure (0.35). Over 5 years the correlation is 0.27, and the annualized covariance of weekly returns is 4991.6 %².

Within RNTX's tracked universe of 11 assets, STTK comes in at #5 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months STTK outperformed by 693.8 percentage points (-28.8% for RNTX against +665.0% for STTK).

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.

RNTX vs STTK: side by side

RNTX (Rein Therapeutics, Inc.)STTK (Shattuck Labs, Inc.)
1-year return-28.8%+665.0%
5-year return-96.4%-63.7%
Volatility (ann.)98.8%145.0%
Beta vs S&P 5001.782.32
Max drawdown (3Y)-89.7%-93.5%
Market cap$0.1B$0.8B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: RNTX -89.7% vs -93.5%Higher 5y return: STTK -63.7% vs -96.4%
-45%0%+399%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. RNTX · STTK

Year-by-year returns

YearRNTXSTTK
2022-79.0%-73.0%
2023+28.6%+210.0%
2024-24.6%-83.0%
2025-49.6%+201.7%
2026-32.5%+109.6%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are RNTX and STTK good diversifiers for each other?

Reasonably. At 0.35, RNTX and STTK keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between RNTX and STTK?

As of 2026-08-27, the correlation of weekly returns between RNTX and STTK is 0.35 over 3 years, 0.04 over 1 year and 0.27 over 5 years.

Is STTK a good diversifier for RNTX?

Reasonably. At 0.35, RNTX and STTK keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.35 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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RNTX vs STTK: 3-year weekly correlation 0.35RNTX vs STTK0.35

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Related comparisons

Hubs: RNTX correlations · STTK correlations