ACRV vs KRYS: Correlation
Acrivon Therapeutics, Inc. (ACRV) and Krystal Biotech, Inc. (KRYS) show a moderate relationship: their 3-year correlation of weekly returns is 0.42.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACRV and KRYS?
On 3 years of weekly data the ACRV/KRYS correlation comes out at 0.42, moderate. The past 12 months show a weaker link (0.18) than the 3-year average (0.42). The 5-year figure is 0.30, and annualized covariance runs at 2024.5 %².
Among the 14 assets we track against ACRV, KRYS ranks #4 by 3-year correlation. The last year tells two different stories: KRYS led by 84.0 percentage points, +58.1% for ACRV against +142.1% for KRYS. Risk is not evenly split, since ACRV carries 1.9 times the volatility of the other side.
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.
ACRV vs KRYS: side by side
| ACRV (Acrivon Therapeutics, Inc.) | KRYS (Krystal Biotech, Inc.) | |
|---|---|---|
| 1-year return | +58.1% | +142.1% |
| 5-year return | n/a | +523.2% |
| Volatility (ann.) | 94.2% | 50.8% |
| Beta vs S&P 500 | 1.58 | 0.77 |
| Max drawdown (3Y) | -91.3% | -42.3% |
| Market cap | $0.1B | $10.6B |
| P/E (trailing) | – | 44.7 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACRV | KRYS |
|---|---|---|
| 2022 | – | +13.3% |
| 2023 | -57.3% | +56.6% |
| 2024 | +22.4% | +26.3% |
| 2025 | -60.0% | +57.4% |
| 2026 | -10.8% | +45.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACRV and KRYS good diversifiers for each other?
Reasonably. At 0.42, ACRV and KRYS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ACRV and KRYS?
Using weekly returns as of 2026-08-27: 0.42 over 3 years, with 0.18 over the last year and 0.30 over 5 years.
Is KRYS a good diversifier for ACRV?
Reasonably. At 0.42, ACRV and KRYS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.42 mean?
A reading of 0.42 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/acrv-vs-krys.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/acrv-vs-krys/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ACRV correlations · KRYS correlations
