AGIO vs HQL: Correlation
Measured on weekly returns over the past three years, Agios Pharmaceuticals, Inc. (AGIO) and abrdn Life Sciences Investors Shares of Beneficial Interest (HQL) carry a correlation of 0.50, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AGIO and HQL?
On 3 years of weekly data the AGIO/HQL correlation comes out at 0.50, moderate. The relationship has been stable: the 1-year correlation (0.45) sits close to the 3-year figure. The 5-year figure is 0.52, and annualized covariance runs at 759.9 %².
HQL is one of the assets that tracks AGIO most closely: it ranks #2 out of the 14 assets we track against AGIO. Their recent paths diverged sharply: over the last 12 months HQL outperformed by 88.6 percentage points (-12.7% for AGIO against +75.9% for HQL). Note the risk asymmetry: AGIO runs 2.7 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.
AGIO vs HQL: side by side
| AGIO (Agios Pharmaceuticals, Inc.) | HQL (abrdn Life Sciences Investors Shares of Beneficial Interest) | |
|---|---|---|
| 1-year return | -12.7% | +75.9% |
| 5-year return | -22.1% | +74.1% |
| Volatility (ann.) | 64.3% | 23.5% |
| Beta vs S&P 500 | 1.80 | 0.88 |
| Max drawdown (3Y) | -63.8% | -25.1% |
| Market cap | $2.0B | – |
| P/E (trailing) | – | 3.2 |
| Dividend yield | 0.00% | 8.87% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AGIO | HQL |
|---|---|---|
| 2022 | -14.6% | -19.2% |
| 2023 | -20.7% | +4.2% |
| 2024 | +47.6% | +11.0% |
| 2025 | -17.2% | +45.5% |
| 2026 | +25.9% | +40.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AGIO and HQL good diversifiers for each other?
To a limited degree. At 0.50 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between AGIO and HQL?
Using weekly returns as of 2026-08-27: 0.50 over 3 years, with 0.45 over the last year and 0.52 over 5 years.
Is HQL a good diversifier for AGIO?
To a limited degree. At 0.50 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.50 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/agio-vs-hql.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/agio-vs-hql/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AGIO correlations · HQL correlations
