UNCY vs XNCR: Correlation
How closely do Unicycive Therapeutics, Inc. (UNCY) and Xencor, Inc. (XNCR) trade together? Their weekly returns over three years give a correlation of 0.39, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are UNCY and XNCR?
Over the past 3 years, UNCY and XNCR moved with a correlation of 0.39, which is moderate. The past 12 months show a weaker link (0.21) than the 3-year average (0.39). Over 5 years the correlation is -0.01, and the annualized covariance of weekly returns is 2124.3 %².
In UNCY's tracked universe of 10 assets, XNCR sits right near the top at #2. The last year tells two different stories: XNCR led by 231.3 percentage points, +28.8% for UNCY against +260.1% for XNCR.
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.
UNCY vs XNCR: side by side
| UNCY (Unicycive Therapeutics, Inc.) | XNCR (Xencor, Inc.) | |
|---|---|---|
| 1-year return | +28.8% | +260.1% |
| 5-year return | -79.6% | -14.8% |
| Volatility (ann.) | 88.4% | 60.9% |
| Beta vs S&P 500 | 1.38 | 1.37 |
| Max drawdown (3Y) | -86.8% | -73.9% |
| Market cap | $0.2B | $2.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | UNCY | XNCR |
|---|---|---|
| 2022 | -73.8% | -35.1% |
| 2023 | +60.7% | -18.5% |
| 2024 | -8.5% | +8.2% |
| 2025 | -27.3% | -33.4% |
| 2026 | -4.7% | +88.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are UNCY and XNCR good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between UNCY and XNCR?
As of 2026-08-27, the correlation of weekly returns between UNCY and XNCR is 0.39 over 3 years, 0.21 over 1 year and -0.01 over 5 years.
Is XNCR a good diversifier for UNCY?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.39 mean?
On the −1 to +1 scale, 0.39 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/uncy-vs-xncr.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/uncy-vs-xncr/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: UNCY correlations · XNCR correlations
