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RXRX vs. IBB
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

RXRX vs. IBB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Recursion Pharmaceuticals, Inc. (RXRX) and iShares Nasdaq Biotechnology ETF (IBB). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, RXRX achieves a -7.09% return, which is significantly lower than IBB's 1.65% return.


RXRX

1D
9.51%
1M
12.76%
YTD
-7.09%
6M
-22.76%
1Y
-22.61%
3Y*
-23.33%
5Y*
-33.59%
10Y*

IBB

1D
2.35%
1M
0.64%
YTD
1.65%
6M
-0.21%
1Y
37.34%
3Y*
10.11%
5Y*
2.57%
10Y*
6.32%
*Multi-year figures are annualized to reflect compound growth (CAGR)

RXRX vs. IBB - Yearly Performance Comparison


2026 (YTD)20252024202320222021
RXRX
Recursion Pharmaceuticals, Inc.
-7.09%-39.50%-31.44%27.89%-54.99%-45.27%
IBB
iShares Nasdaq Biotechnology ETF
1.65%27.98%-2.41%3.76%-13.69%-0.30%

Correlation

The correlation between RXRX and IBB is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.53

Correlation (3Y)
Calculated over the trailing 3-year period

0.57

Correlation (5Y)
Calculated over the trailing 5-year period

0.59

Correlation (All Time)
Calculated using the full available price history since Apr 19, 2021

0.58

The correlation between RXRX and IBB has been stable across timeframes, ranging from 0.53 to 0.58 - a consistent structural relationship.

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Return for Risk

RXRX vs. IBB — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RXRX
RXRX Risk / Return Rank: 3030
Overall Rank
RXRX Sharpe Ratio Rank: 2828
Sharpe Ratio Rank
RXRX Sortino Ratio Rank: 3131
Sortino Ratio Rank
RXRX Omega Ratio Rank: 3131
Omega Ratio Rank
RXRX Calmar Ratio Rank: 2929
Calmar Ratio Rank
RXRX Martin Ratio Rank: 3030
Martin Ratio Rank

IBB
IBB Risk / Return Rank: 6262
Overall Rank
IBB Sharpe Ratio Rank: 5656
Sharpe Ratio Rank
IBB Sortino Ratio Rank: 5757
Sortino Ratio Rank
IBB Omega Ratio Rank: 5252
Omega Ratio Rank
IBB Calmar Ratio Rank: 7878
Calmar Ratio Rank
IBB Martin Ratio Rank: 6868
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RXRX vs. IBB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Recursion Pharmaceuticals, Inc. (RXRX) and iShares Nasdaq Biotechnology ETF (IBB). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


RXRXIBBDifference
Sharpe ratioReturn per unit of total volatility

-2.19

Sortino ratioReturn per unit of downside risk

-2.66

Omega ratioGain probability vs. loss probability

1.00

1.32

-0.32

Calmar ratioReturn relative to maximum drawdown

-0.39

3.89

-4.28

Martin ratioReturn relative to average drawdown

-0.64

12.34

-12.98

RXRX vs. IBB - Sharpe Ratio Comparison

The current RXRX Sharpe Ratio is -0.31, which is lower than the IBB Sharpe Ratio of 1.88. The chart below compares the historical Sharpe Ratios of RXRX and IBB, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


RXRXIBBDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.31

1.88

-2.19

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.36

0.12

-0.48

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.27

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.36

0.26

-0.62

Drawdowns

RXRX vs. IBB - Drawdown Comparison

The maximum RXRX drawdown since its inception was -93.13%, which is greater than IBB's maximum drawdown of -62.85%. Use the drawdown chart below to compare losses from any high point for RXRX and IBB.


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Drawdown Indicators


RXRXIBBDifference

Max Drawdown

Largest peak-to-trough decline

-93.13%

-62.85%

-30.28%

Max Drawdown (1Y)

Largest decline over 1 year

-58.17%

-9.63%

-48.54%

Max Drawdown (3Y)

Largest decline over 3 years

-82.09%

-24.85%

-57.24%

Max Drawdown (5Y)

Largest decline over 5 years

-93.13%

-39.82%

-53.31%

Max Drawdown (10Y)

Largest decline over 10 years

-39.82%

Current Drawdown

Current decline from peak

-90.81%

-3.43%

-87.38%

Average Drawdown

Average peak-to-trough decline

-75.36%

-21.18%

-54.18%

Ulcer Index

Depth and duration of drawdowns from previous peaks

35.28%

3.04%

+32.24%

Volatility

RXRX vs. IBB - Volatility Comparison

Recursion Pharmaceuticals, Inc. (RXRX) has a higher volatility of 20.35% compared to iShares Nasdaq Biotechnology ETF (IBB) at 7.26%. This indicates that RXRX's price experiences larger fluctuations and is considered to be riskier than IBB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


RXRXIBBDifference

Volatility (1M)

Calculated over the trailing 1-month period

20.35%

7.26%

+13.09%

Volatility (6M)

Calculated over the trailing 6-month period

45.51%

15.55%

+29.96%

Volatility (1Y)

Calculated over the trailing 1-year period

74.04%

19.99%

+54.05%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

93.56%

22.01%

+71.55%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

93.66%

23.23%

+70.43%

Dividends

RXRX vs. IBB - Dividend Comparison

RXRX has not paid dividends to shareholders, while IBB's dividend yield for the trailing twelve months is around 0.23%.


PositionTTM20252024202320222021202020192018201720162015
IBB
iShares Nasdaq Biotechnology ETF
0.23%0.23%0.29%0.26%0.31%0.21%0.21%0.33%0.20%0.30%0.19%0.03%
RXRX
Recursion Pharmaceuticals, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions


RXRX and IBB have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

RXRX has higher volatility (20.35%) compared to IBB (7.26%). In terms of maximum drawdown, RXRX dropped -93.13% vs IBB's -62.85%.

IBB currently has the higher Sharpe Ratio (1.88 vs -0.31), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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