APGE vs DFTX: Correlation
How closely do Apogee Therapeutics, Inc. (APGE) and Definium Therapeutics, Inc. (DFTX) trade together? Their weekly returns over three years give a correlation of 0.51, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are APGE and DFTX?
On 3 years of weekly data the APGE/DFTX correlation comes out at 0.51, moderate. Little has changed lately, as the 1-year reading of 0.56 lands near the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at 3852.2 %².
DFTX is one of the assets that tracks APGE most closely: it ranks #2 out of the 14 assets we track against APGE. Their recent paths diverged sharply: over the last 12 months DFTX outperformed by 87.8 percentage points (+257.1% for APGE against +344.9% for DFTX).
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.
APGE vs DFTX: side by side
| APGE (Apogee Therapeutics, Inc.) | DFTX (Definium Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | +257.1% | +344.9% |
| 5-year return | n/a | +4.7% |
| Volatility (ann.) | 82.6% | 90.9% |
| Beta vs S&P 500 | 1.06 | 1.35 |
| Max drawdown (3Y) | -58.8% | -58.4% |
| Market cap | $10.2B | $5.9B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | APGE | DFTX |
|---|---|---|
| 2022 | – | -89.4% |
| 2023 | – | +66.4% |
| 2024 | +62.1% | +90.2% |
| 2025 | +66.6% | +92.4% |
| 2026 | +78.8% | +227.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are APGE and DFTX good diversifiers for each other?
To a limited degree. At 0.51 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 APGE and DFTX?
The APGE/DFTX correlation stands at 0.51 on a 3-year window (1 year: 0.56, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is DFTX a good diversifier for APGE?
To a limited degree. At 0.51 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 0.51 mean?
On the −1 to +1 scale, 0.51 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/apge-vs-dftx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/apge-vs-dftx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: APGE correlations · DFTX correlations
