ARVN vs VTGN: Correlation
How closely do Arvinas, Inc. (ARVN) and Vistagen Therapeutics, Inc. (VTGN) trade together? Their weekly returns over three years give a correlation of 0.37, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ARVN and VTGN?
On 3 years of weekly data the ARVN/VTGN correlation comes out at 0.37, moderate. Little has changed lately, as the 1-year reading of 0.28 lands near the 3-year figure. The 5-year figure is 0.21, and annualized covariance runs at 2461.6 %².
By 3-year correlation, VTGN places #10 of the 18 assets tracked against ARVN. The last year tells two different stories: ARVN led by 106.3 percentage points, +14.4% for ARVN against -91.9% for VTGN.
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 VTGN: side by side
| ARVN (Arvinas, Inc.) | VTGN (Vistagen Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | +14.4% | -91.9% |
| 5-year return | -89.2% | -99.7% |
| Volatility (ann.) | 73.6% | 90.2% |
| Beta vs S&P 500 | 1.55 | 0.98 |
| Max drawdown (3Y) | -88.4% | -96.6% |
| Market cap | $0.6B | – |
| P/E (trailing) | 35.5 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ARVN | VTGN |
|---|---|---|
| 2022 | -58.4% | -94.9% |
| 2023 | +20.3% | +71.3% |
| 2024 | -53.4% | -42.6% |
| 2025 | -38.1% | -77.6% |
| 2026 | -22.1% | -61.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ARVN and VTGN good diversifiers for each other?
Reasonably. At 0.37, ARVN and VTGN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ARVN and VTGN?
The ARVN/VTGN correlation stands at 0.37 on a 3-year window (1 year: 0.28, 5 years: 0.21), computed from weekly returns as of 2026-08-27.
Is VTGN a good diversifier for ARVN?
Reasonably. At 0.37, ARVN and VTGN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.37 mean?
A reading of 0.37 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-vtgn.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/arvn-vs-vtgn/)
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Related comparisons
Hubs: ARVN correlations · VTGN correlations
