ACXP vs VLTO: Correlation
Measured on weekly returns over the past three years, Acurx Pharmaceuticals, Inc. (ACXP) and Veralto (VLTO) carry a correlation of -0.20, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACXP and VLTO?
On 3 years of weekly data the ACXP/VLTO correlation comes out at -0.20, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.20 over 1 year against -0.20 over 3. The 5-year figure is n/a, and annualized covariance runs at -741.7 %².
By 3-year correlation, VLTO places #14 of the 32 assets tracked against ACXP. Correlation aside, the last 12 months split them widely, with VLTO ahead by 62.1 points (-70.0% versus -7.9%). Note the risk asymmetry: ACXP runs 8.0 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
ACXP vs VLTO: side by side
| ACXP (Acurx Pharmaceuticals, Inc.) | VLTO (Veralto) | |
|---|---|---|
| 1-year return | -70.0% | -7.9% |
| 5-year return | -98.5% | n/a |
| Volatility (ann.) | 170.6% | 21.2% |
| Beta vs S&P 500 | -0.66 | 0.66 |
| Max drawdown (3Y) | -98.8% | -27.1% |
| Market cap | – | $24.0B |
| P/E (trailing) | – | 24.9 |
| Dividend yield | 0.00% | 0.51% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | ACXP | VLTO |
|---|---|---|
| 2022 | -7.9% | – |
| 2023 | -3.8% | – |
| 2024 | -78.7% | +24.3% |
| 2025 | -84.7% | -1.6% |
| 2026 | -41.4% | -1.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACXP and VLTO good diversifiers for each other?
Yes. With a correlation of -0.20, ACXP and VLTO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ACXP and VLTO?
Using weekly returns as of 2026-08-27: -0.20 over 3 years, with -0.20 over the last year and n/a over 5 years.
Is VLTO a good diversifier for ACXP?
Yes. With a correlation of -0.20, ACXP and VLTO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.20 mean?
On the −1 to +1 scale, -0.20 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/acxp-vs-vlto.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/acxp-vs-vlto/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ACXP correlations · VLTO correlations
