ASST vs VRTX: Correlation
How closely do Strive, Inc. (ASST) and Vertex Pharmaceuticals (VRTX) trade together? Their weekly returns over three years give a correlation of -0.29, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ASST and VRTX?
On 3 years of weekly data the ASST/VRTX correlation comes out at -0.29, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.03 versus -0.29 over 3 years. The 5-year figure is n/a, and annualized covariance runs at -6286.0 %².
Within ASST's tracked universe of 58 assets, VRTX comes in at #45 by 3-year correlation. Correlation aside, the last 12 months split them widely, with VRTX ahead by 121.1 points (-80.4% versus +40.7%). Note the risk asymmetry: ASST runs 23.9 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
ASST vs VRTX: side by side
| ASST (Strive, Inc.) | VRTX (Vertex Pharmaceuticals) | |
|---|---|---|
| 1-year return | -80.4% | +40.7% |
| 5-year return | n/a | +174.5% |
| Volatility (ann.) | 723.1% | 30.3% |
| Beta vs S&P 500 | -1.01 | 0.55 |
| Max drawdown (3Y) | -97.2% | -29.1% |
| Market cap | $2.1B | $138.8B |
| P/E (trailing) | – | 31.9 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | Health Care |
Year-by-year returns
| Year | ASST | VRTX |
|---|---|---|
| 2022 | – | +31.5% |
| 2023 | – | +40.9% |
| 2024 | -84.6% | -1.0% |
| 2025 | +50.3% | +12.6% |
| 2026 | +56.6% | +20.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ASST and VRTX good diversifiers for each other?
Yes. With a correlation of -0.29, ASST and VRTX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ASST and VRTX?
The ASST/VRTX correlation stands at -0.29 on a 3-year window (1 year: -0.03, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is VRTX a good diversifier for ASST?
Yes. With a correlation of -0.29, ASST and VRTX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.29 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/asst-vs-vrtx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/asst-vs-vrtx/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ASST correlations · VRTX correlations
