RPRX vs STEX: Correlation
Measured on weekly returns over the past three years, Royalty Pharma plc - Class A (RPRX) and Streamex Corp. (STEX) carry a correlation of -0.19, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RPRX and STEX?
On 3 years of weekly data the RPRX/STEX correlation comes out at -0.19, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.10 versus -0.19 over 3 years. The 5-year figure is -0.08, and annualized covariance runs at -744.8 %².
STEX is close to the least connected end of RPRX's tracked universe, ranking #9 of 10. Correlation aside, the last 12 months split them widely, with RPRX ahead by 157.7 points (+75.0% versus -82.7%). Risk is not evenly split, since STEX carries 8.9 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.
RPRX vs STEX: side by side
| RPRX (Royalty Pharma plc - Class A) | STEX (Streamex Corp.) | |
|---|---|---|
| 1-year return | +75.0% | -82.7% |
| 5-year return | +78.4% | -97.3% |
| Volatility (ann.) | 21.2% | 188.3% |
| Beta vs S&P 500 | 0.24 | 1.71 |
| Max drawdown (3Y) | -20.7% | -96.0% |
| Market cap | $35.8B | $0.2B |
| P/E (trailing) | 33.3 | – |
| Dividend yield | 1.47% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RPRX | STEX |
|---|---|---|
| 2022 | +1.0% | -81.2% |
| 2023 | -27.1% | +13.1% |
| 2024 | -6.4% | -68.6% |
| 2025 | +55.3% | +103.4% |
| 2026 | +62.5% | -72.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RPRX and STEX good diversifiers for each other?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
FAQ
What is the correlation between RPRX and STEX?
The RPRX/STEX correlation stands at -0.19 on a 3-year window (1 year: 0.10, 5 years: -0.08), computed from weekly returns as of 2026-08-27.
Is STEX a good diversifier for RPRX?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
What does a correlation of -0.19 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/rprx-vs-stex.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/rprx-vs-stex/)
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Related comparisons
Hubs: RPRX correlations · STEX correlations
