ARVN vs CHRS: Correlation
Arvinas, Inc. (ARVN) and Coherus Oncology, Inc. (CHRS) show a moderate relationship: their 3-year correlation of weekly returns is 0.44.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ARVN and CHRS?
Across a 3-year window, the weekly returns of ARVN and CHRS correlate at 0.44, moderate. Recent behaviour matches the longer record: 0.34 over 1 year against 0.44 over 3. Stretching to 5 years gives 0.41, with an annualized covariance of 3319.8 %².
Among the 18 assets we track against ARVN, CHRS ranks #6 by 3-year correlation. On 12-month performance CHRS holds a 13.7-point edge, +14.4% against +28.1%.
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.
ARVN vs CHRS: side by side
| ARVN (Arvinas, Inc.) | CHRS (Coherus Oncology, Inc.) | |
|---|---|---|
| 1-year return | +14.4% | +28.1% |
| 5-year return | -89.2% | -90.8% |
| Volatility (ann.) | 73.6% | 102.6% |
| Beta vs S&P 500 | 1.55 | 1.59 |
| Max drawdown (3Y) | -88.4% | -87.7% |
| Market cap | $0.6B | $0.2B |
| P/E (trailing) | 35.5 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ARVN | CHRS |
|---|---|---|
| 2022 | -58.4% | -50.4% |
| 2023 | +20.3% | -58.0% |
| 2024 | -53.4% | -58.6% |
| 2025 | -38.1% | +2.9% |
| 2026 | -22.1% | +2.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ARVN and CHRS 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 ARVN and CHRS?
Using weekly returns as of 2026-08-27: 0.44 over 3 years, with 0.34 over the last year and 0.41 over 5 years.
Is CHRS a good diversifier for ARVN?
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?
A reading of 0.44 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/arvn-vs-chrs.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/arvn-vs-chrs/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ARVN correlations · CHRS correlations
