AQST vs VKTX: Correlation
Aquestive Therapeutics, Inc. (AQST) and Viking Therapeutics, Inc. (VKTX) show a moderate relationship: their 3-year correlation of weekly returns is 0.41.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AQST and VKTX?
On 3 years of weekly data the AQST/VKTX correlation comes out at 0.41, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.12 versus 0.41 over 3 years. The 5-year figure is 0.33, and annualized covariance runs at 3678.3 %².
VKTX is one of the assets that tracks AQST most closely: it ranks #2 out of the 11 assets we track against AQST. Over the last 12 months AQST came out ahead by 6.8 percentage points (+34.0% against +27.2%).
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.
AQST vs VKTX: side by side
| AQST (Aquestive Therapeutics, Inc.) | VKTX (Viking Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | +34.0% | +27.2% |
| 5-year return | +10.7% | +417.7% |
| Volatility (ann.) | 85.7% | 105.3% |
| Beta vs S&P 500 | 0.87 | 1.66 |
| Max drawdown (3Y) | -63.5% | -78.9% |
| Market cap | $0.6B | $3.9B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AQST | VKTX |
|---|---|---|
| 2022 | -76.8% | +104.3% |
| 2023 | +123.9% | +98.0% |
| 2024 | +76.2% | +116.2% |
| 2025 | +81.5% | -12.6% |
| 2026 | -20.1% | -3.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AQST and VKTX good diversifiers for each other?
Reasonably. At 0.41, AQST and VKTX keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between AQST and VKTX?
As of 2026-08-27, the correlation of weekly returns between AQST and VKTX is 0.41 over 3 years, 0.12 over 1 year and 0.33 over 5 years.
Is VKTX a good diversifier for AQST?
Reasonably. At 0.41, AQST and VKTX keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.41 mean?
On the −1 to +1 scale, 0.41 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
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Related comparisons
Hubs: AQST correlations · VKTX correlations
