RXRX vs SDGR: Correlation
Recursion Pharmaceuticals, Inc. (RXRX) and Schrodinger, Inc. (SDGR) show a moderate relationship: their 3-year correlation of weekly returns is 0.58.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RXRX and SDGR?
Across a 3-year window, the weekly returns of RXRX and SDGR correlate at 0.58, moderate. The past 12 months show a tighter link (0.70) than the 3-year average (0.58). Stretching to 5 years gives 0.53, with an annualized covariance of 2746.0 %².
Among the 22 assets we track against RXRX, SDGR ranks #6 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months SDGR outperformed by 32.8 percentage points (-29.7% for RXRX against +3.1% for SDGR).
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.
RXRX vs SDGR: side by side
| RXRX (Recursion Pharmaceuticals, Inc.) | SDGR (Schrodinger, Inc.) | |
|---|---|---|
| 1-year return | -29.7% | +3.1% |
| 5-year return | -86.0% | -65.2% |
| Volatility (ann.) | 82.2% | 57.7% |
| Beta vs S&P 500 | 3.07 | 1.91 |
| Max drawdown (3Y) | -81.7% | -70.2% |
| Market cap | $1.8B | $1.5B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RXRX | SDGR |
|---|---|---|
| 2022 | -55.0% | -46.3% |
| 2023 | +27.9% | +91.5% |
| 2024 | -31.4% | -46.1% |
| 2025 | -39.5% | -7.3% |
| 2026 | -15.9% | +14.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RXRX and SDGR good diversifiers for each other?
Somewhat, no more. With 0.58 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between RXRX and SDGR?
As of 2026-08-27, the correlation of weekly returns between RXRX and SDGR is 0.58 over 3 years, 0.70 over 1 year and 0.53 over 5 years.
Is SDGR a good diversifier for RXRX?
Somewhat, no more. With 0.58 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.58 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: RXRX correlations · SDGR correlations
