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ACRV vs LYEL: Correlation

Acrivon Therapeutics, Inc. (ACRV) and Lyell Immunopharma, Inc. (LYEL) show a moderate relationship: their 3-year correlation of weekly returns is 0.47.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.47
moderate
Correlation (1Y)
0.41
last 12 months
Correlation (5Y)
0.39
long-run
Ann. covariance
4405.7
%² · weekly, annualized

How correlated are ACRV and LYEL?

Over the past 3 years, ACRV and LYEL moved with a correlation of 0.47, which is moderate. Little has changed lately, as the 1-year reading of 0.41 lands near the 3-year figure. Over 5 years the correlation is 0.39, and the annualized covariance of weekly returns is 4405.7 %².

LYEL is one of the assets that tracks ACRV most closely: it ranks #1 out of the 14 assets we track against ACRV. The last year tells two different stories: ACRV led by 28.6 percentage points, +58.1% for ACRV against +29.5% for LYEL.

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 LYEL: side by side

ACRV (Acrivon Therapeutics, Inc.)LYEL (Lyell Immunopharma, Inc.)
1-year return+58.1%+29.5%
5-year returnn/a-95.4%
Volatility (ann.)94.2%99.9%
Beta vs S&P 5001.582.09
Max drawdown (3Y)-91.3%-87.3%
Market cap$0.1B$0.4B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: LYEL -87.3% vs -91.3%
-4%0%+189%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. ACRV · LYEL

Year-by-year returns

YearACRVLYEL
2022-55.2%
2023-57.3%-44.1%
2024+22.4%-67.0%
2025-60.0%+140.5%
2026-10.8%-52.5%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are ACRV and LYEL good diversifiers for each other?

Reasonably. At 0.47, ACRV and LYEL keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between ACRV and LYEL?

The ACRV/LYEL correlation stands at 0.47 on a 3-year window (1 year: 0.41, 5 years: 0.39), computed from weekly returns as of 2026-08-27.

Is LYEL a good diversifier for ACRV?

Reasonably. At 0.47, ACRV and LYEL keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.47 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

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ACRV vs LYEL: 3-year weekly correlation 0.47ACRV vs LYEL0.47

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Related comparisons

Hubs: ACRV correlations · LYEL correlations