AKBA vs KYMR: Correlation
Measured on weekly returns over the past three years, Akebia Therapeutics, Inc. (AKBA) and Kymera Therapeutics, Inc. (KYMR) carry a correlation of 0.44, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AKBA and KYMR?
On 3 years of weekly data the AKBA/KYMR correlation comes out at 0.44, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.11 versus 0.44 over 3 years. The 5-year figure is 0.30, and annualized covariance runs at 2432.9 %².
In AKBA's tracked universe of 12 assets, KYMR sits right near the top at #1. Their recent paths diverged sharply: over the last 12 months KYMR outperformed by 253.3 percentage points (-68.8% for AKBA against +184.5% for KYMR).
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.
AKBA vs KYMR: side by side
| AKBA (Akebia Therapeutics, Inc.) | KYMR (Kymera Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | -68.8% | +184.5% |
| 5-year return | -66.7% | +96.7% |
| Volatility (ann.) | 75.3% | 74.1% |
| Beta vs S&P 500 | 1.02 | 2.12 |
| Max drawdown (3Y) | -79.0% | -59.8% |
| Market cap | $0.3B | $9.9B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AKBA | KYMR |
|---|---|---|
| 2022 | -74.5% | -60.7% |
| 2023 | +114.9% | +2.0% |
| 2024 | +53.2% | +58.0% |
| 2025 | -15.3% | +93.4% |
| 2026 | -41.6% | +54.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AKBA and KYMR good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between AKBA and KYMR?
As of 2026-08-27, the correlation of weekly returns between AKBA and KYMR is 0.44 over 3 years, 0.11 over 1 year and 0.30 over 5 years.
Is KYMR a good diversifier for AKBA?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.44 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/akba-vs-kymr.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/akba-vs-kymr/)
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Related comparisons
Hubs: AKBA correlations · KYMR correlations
