AEMD vs VRAX: Correlation
How closely do Aethlon Medical, Inc. (AEMD) and Virax Biolabs Group Limited (VRAX) trade together? Their weekly returns over three years give a correlation of 0.32, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AEMD and VRAX?
Across a 3-year window, the weekly returns of AEMD and VRAX correlate at 0.32, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.14 versus 0.32 over 3 years. Stretching to 5 years gives 0.33, with an annualized covariance of 6016.7 %².
Within AEMD's tracked universe of 10 assets, VRAX comes in at #5 by 3-year correlation. Correlation aside, the last 12 months split them widely, with VRAX ahead by 17.1 points (-97.3% versus -80.2%).
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.
AEMD vs VRAX: side by side
| AEMD (Aethlon Medical, Inc.) | VRAX (Virax Biolabs Group Limited) | |
|---|---|---|
| 1-year return | -97.3% | -80.2% |
| 5-year return | -100.0% | n/a |
| Volatility (ann.) | 117.3% | 158.1% |
| Beta vs S&P 500 | 1.45 | 2.55 |
| Max drawdown (3Y) | -99.8% | -98.4% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AEMD | VRAX |
|---|---|---|
| 2022 | -84.9% | – |
| 2023 | -21.8% | -80.0% |
| 2024 | -60.7% | +54.1% |
| 2025 | -96.0% | -84.6% |
| 2026 | -84.3% | -66.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AEMD and VRAX good diversifiers for each other?
Reasonably. At 0.32, AEMD and VRAX keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between AEMD and VRAX?
Using weekly returns as of 2026-08-27: 0.32 over 3 years, with 0.14 over the last year and 0.33 over 5 years.
Is VRAX a good diversifier for AEMD?
Reasonably. At 0.32, AEMD and VRAX keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.32 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
$ curl https://www.pairbook.io/api/v1/pairs/aemd-vs-vrax.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/aemd-vs-vrax/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AEMD correlations · VRAX correlations
