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EWTX correlations (Edgewise Therapeutics, Inc.)

Which assets move with EWTX and which ones diversify it, computed from weekly returns across 4756 stocks and ETFs.

Data as of 2026-08-27 · refreshed every trading day · US Listed

Volatility (ann.)

77.7%

3y weekly

Beta vs S&P 500

2.04

3y weekly

1-year return

+205.8%

price, adjusted

5-year return

+194.6%

price, adjusted

Market cap

$4.8B

latest

Max drawdown

-68.8%

3y, daily closes

EWTX over the last 12 months, weekly closes indexed to 100 at the start.

Stocks and ETFs most correlated with EWTX

Asset		Correlation (3Y)
HQL	abrdn Life Sciences Investors Shares of Beneficial Interest	0.51
XBI	SPDR S&P Biotech ETF	0.51
IBB	iShares Biotechnology ETF	0.49
PCVX	Vaxcyte, Inc.	0.47
HQH	abrdn Healthcare Investors Shares of Beneficial Interest	0.46

The least-correlated liquid assets in our universe, meaning the ones that historically moved most independently from EWTX.

Asset		Correlation (3Y)
VXX	iPath Series B S&P 500 VIX Short-Term Futures ETN	-0.37
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	-0.32
FNGD	MicroSectors FANG Index -3X Inverse Leveraged ETNs due	-0.28

Free API · no key required

$ curl https://www.pairbook.io/api/v1/symbols/ewtx.json

Correlations, diversifiers, beta and volatility for EWTX, plus one endpoint per pair. API documentation.

ETF		EWTX weight
IBB	iShares Biotechnology ETF	0.24%
IWM	iShares Russell 2000 ETF	0.1%