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RXRX vs SXTP: Correlation

Measured on weekly returns over the past three years, Recursion Pharmaceuticals, Inc. (RXRX) and 60 Degrees Pharmaceuticals, Inc. (SXTP) carry a correlation of 0.37, a moderate link.

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

Correlation (3Y)
0.37
moderate
Correlation (1Y)
0.30
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
3792.6
%² · weekly, annualized

How correlated are RXRX and SXTP?

Across a 3-year window, the weekly returns of RXRX and SXTP correlate at 0.37, moderate. Little has changed lately, as the 1-year reading of 0.30 lands near the 3-year figure. Stretching to 5 years gives n/a, with an annualized covariance of 3792.6 %².

Among the 22 assets we track against RXRX, SXTP sits near the bottom by co-movement, at rank #18. The last year tells two different stories: RXRX led by 48.9 percentage points, -29.7% for RXRX against -78.6% for SXTP. Note the risk asymmetry: SXTP runs 1.5 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.

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 SXTP: side by side

RXRX (Recursion Pharmaceuticals, Inc.)SXTP (60 Degrees Pharmaceuticals, Inc.)
1-year return-29.7%-78.6%
5-year return-86.0%n/a
Volatility (ann.)82.2%125.4%
Beta vs S&P 5003.072.11
Max drawdown (3Y)-81.7%-99.7%
Market cap$1.8B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: RXRX -81.7% vs -99.7%
-81%0%+31%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. RXRX · SXTP

Year-by-year returns

YearRXRXSXTP
2022-55.0%
2023+27.9%
2024-31.4%-89.5%
2025-39.5%-92.1%
2026-15.9%-47.8%

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

Are RXRX and SXTP good diversifiers for each other?

Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.

FAQ

What is the correlation between RXRX and SXTP?

The RXRX/SXTP correlation stands at 0.37 on a 3-year window (1 year: 0.30, 5 years: n/a), computed from weekly returns as of 2026-08-27.

Is SXTP a good diversifier for RXRX?

Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.

What does a correlation of 0.37 mean?

A reading of 0.37 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.

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RXRX vs SXTP: 3-year weekly correlation 0.37RXRX vs SXTP0.37

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Related comparisons

Hubs: RXRX correlations · SXTP correlations