AEON vs VTR: Correlation
AEON Biopharma, Inc. (AEON) and Ventas (VTR) show a negative relationship: their 3-year correlation of weekly returns is -0.21.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AEON and VTR?
Across a 3-year window, the weekly returns of AEON and VTR correlate at -0.21, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.22 over 1 year against -0.21 over 3. Stretching to 5 years gives -0.14, with an annualized covariance of -627.8 %².
Among the 10 assets we track against AEON, VTR sits near the bottom by co-movement, at rank #8. Correlation aside, the last 12 months split them widely, with VTR ahead by 102.2 points (-61.8% versus +40.4%). Risk is not evenly split, since AEON carries 6.6 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.
AEON vs VTR: side by side
| AEON (AEON Biopharma, Inc.) | VTR (Ventas) | |
|---|---|---|
| 1-year return | -61.8% | +40.4% |
| 5-year return | n/a | +98.1% |
| Volatility (ann.) | 141.3% | 21.5% |
| Beta vs S&P 500 | 1.33 | 0.25 |
| Max drawdown (3Y) | -100.0% | -16.7% |
| Market cap | – | $47.6B |
| P/E (trailing) | – | 168.9 |
| Dividend yield | 0.00% | 2.14% |
| Sector / category | US Listed | Real Estate |
Year-by-year returns
| Year | AEON | VTR |
|---|---|---|
| 2022 | – | -8.5% |
| 2023 | – | +15.1% |
| 2024 | -92.5% | +22.2% |
| 2025 | -97.2% | +35.1% |
| 2026 | -73.3% | +21.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AEON and VTR good diversifiers for each other?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
FAQ
What is the correlation between AEON and VTR?
Using weekly returns as of 2026-08-27: -0.21 over 3 years, with -0.22 over the last year and -0.14 over 5 years.
Is VTR a good diversifier for AEON?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
What does a correlation of -0.21 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.
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Related comparisons
Hubs: AEON correlations · VTR correlations
