ADPT vs VCYT: Correlation
Measured on weekly returns over the past three years, Adaptive Biotechnologies Corporation (ADPT) and Veracyte, Inc. (VCYT) carry a correlation of 0.46, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADPT and VCYT?
On 3 years of weekly data the ADPT/VCYT correlation comes out at 0.46, moderate. Recent behaviour matches the longer record: 0.39 over 1 year against 0.46 over 3. The 5-year figure is 0.60, and annualized covariance runs at 1722.1 %².
By 3-year correlation, VCYT places #5 of the 12 assets tracked against ADPT. Their recent paths diverged sharply: over the last 12 months ADPT outperformed by 45.7 percentage points (+103.9% for ADPT against +58.2% for VCYT).
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.
ADPT vs VCYT: side by side
| ADPT (Adaptive Biotechnologies Corporation) | VCYT (Veracyte, Inc.) | |
|---|---|---|
| 1-year return | +103.9% | +58.2% |
| 5-year return | -26.1% | -7.1% |
| Volatility (ann.) | 69.8% | 53.3% |
| Beta vs S&P 500 | 1.40 | 1.37 |
| Max drawdown (3Y) | -65.8% | -50.1% |
| Market cap | $4.2B | $3.6B |
| P/E (trailing) | – | 31.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ADPT | VCYT |
|---|---|---|
| 2022 | -72.8% | -42.4% |
| 2023 | -35.9% | +15.9% |
| 2024 | +22.3% | +43.9% |
| 2025 | +170.9% | +6.3% |
| 2026 | +62.8% | +7.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADPT and VCYT good diversifiers for each other?
Reasonably. At 0.46, ADPT and VCYT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ADPT and VCYT?
As of 2026-08-27, the correlation of weekly returns between ADPT and VCYT is 0.46 over 3 years, 0.39 over 1 year and 0.60 over 5 years.
Is VCYT a good diversifier for ADPT?
Reasonably. At 0.46, ADPT and VCYT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.46 mean?
A reading of 0.46 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/adpt-vs-vcyt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/adpt-vs-vcyt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ADPT correlations · VCYT correlations
