SLN vs XCUR: Correlation
Measured on weekly returns over the past three years, Silence Therapeutics Plc - American Depository Share (SLN) and Exicure, Inc. (XCUR) carry a correlation of -0.26, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SLN and XCUR?
Across a 3-year window, the weekly returns of SLN and XCUR correlate at -0.26, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.08 versus -0.26 over 3 years. Stretching to 5 years gives -0.21, with an annualized covariance of -7765.3 %².
Among the 10 assets we track against SLN, XCUR sits near the bottom by co-movement, at rank #9. Their recent paths diverged sharply: over the last 12 months SLN outperformed by 234.0 percentage points (+158.7% for SLN against -75.3% for XCUR). One caveat on sizing: XCUR is 4.0 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
SLN vs XCUR: side by side
| SLN (Silence Therapeutics Plc - American Depository Share) | XCUR (Exicure, Inc.) | |
|---|---|---|
| 1-year return | +158.7% | -75.3% |
| 5-year return | -42.5% | -99.3% |
| Volatility (ann.) | 86.0% | 341.3% |
| Beta vs S&P 500 | 1.27 | 0.92 |
| Max drawdown (3Y) | -91.7% | -96.4% |
| Market cap | $0.8B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SLN | XCUR |
|---|---|---|
| 2022 | -36.2% | -81.0% |
| 2023 | +13.9% | -49.6% |
| 2024 | -60.4% | +371.4% |
| 2025 | -11.6% | -60.4% |
| 2026 | +121.2% | -74.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SLN and XCUR good diversifiers for each other?
By historical standards, yes. A correlation of -0.26 means the two rarely move for the same reasons.
FAQ
What is the correlation between SLN and XCUR?
The SLN/XCUR correlation stands at -0.26 on a 3-year window (1 year: 0.08, 5 years: -0.21), computed from weekly returns as of 2026-08-27.
Is XCUR a good diversifier for SLN?
By historical standards, yes. A correlation of -0.26 means the two rarely move for the same reasons.
What does a correlation of -0.26 mean?
A reading of -0.26 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/sln-vs-xcur.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/sln-vs-xcur/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: SLN correlations · XCUR correlations
