TGT vs XCUR: Correlation
How closely do Target Corporation (TGT) and Exicure, Inc. (XCUR) trade together? Their weekly returns over three years give a correlation of -0.23, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TGT and XCUR?
Over the past 3 years, TGT and XCUR moved with a correlation of -0.23, which is negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (0.21) than the 3-year average (-0.23). Over 5 years the correlation is -0.12, and the annualized covariance of weekly returns is -2542.6 %².
Out of 35 assets tracked against TGT, XCUR lands near the bottom at #32. Correlation aside, the last 12 months split them widely, with TGT ahead by 151.5 points (+76.2% versus -75.3%). Note the risk asymmetry: XCUR runs 10.7 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.
TGT vs XCUR: side by side
| TGT (Target Corporation) | XCUR (Exicure, Inc.) | |
|---|---|---|
| 1-year return | +76.2% | -75.3% |
| 5-year return | -22.2% | -99.3% |
| Volatility (ann.) | 32.0% | 341.3% |
| Beta vs S&P 500 | 0.62 | 0.92 |
| Max drawdown (3Y) | -49.8% | -96.4% |
| Market cap | $75.4B | – |
| P/E (trailing) | 17.2 | – |
| Dividend yield | 2.78% | 0.00% |
| Sector / category | Consumer Staples | US Listed |
Year-by-year returns
| Year | TGT | XCUR |
|---|---|---|
| 2022 | -34.2% | -81.0% |
| 2023 | -1.4% | -49.6% |
| 2024 | -2.3% | +371.4% |
| 2025 | -24.5% | -60.4% |
| 2026 | +74.4% | -74.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TGT and XCUR good diversifiers for each other?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between TGT and XCUR?
As of 2026-08-27, the correlation of weekly returns between TGT and XCUR is -0.23 over 3 years, 0.21 over 1 year and -0.12 over 5 years.
Is XCUR a good diversifier for TGT?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.23 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/tgt-vs-xcur.json
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Hubs: TGT correlations · XCUR correlations
