AURA vs TGTX: Correlation
How closely do Aura Biosciences, Inc. (AURA) and TG Therapeutics, Inc. (TGTX) trade together? Their weekly returns over three years give a correlation of 0.48, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AURA and TGTX?
Across a 3-year window, the weekly returns of AURA and TGTX correlate at 0.48, moderate. The past 12 months show a weaker link (0.29) than the 3-year average (0.48). Stretching to 5 years gives 0.36, with an annualized covariance of 2322.3 %².
Within AURA's tracked universe of 18 assets, TGTX comes in at #9 by 3-year correlation. The last year tells two different stories: TGTX led by 75.4 percentage points, +19.6% for AURA against +95.0% for TGTX.
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.
AURA vs TGTX: side by side
| AURA (Aura Biosciences, Inc.) | TGTX (TG Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | +19.6% | +95.0% |
| 5-year return | -48.0% | +108.6% |
| Volatility (ann.) | 70.5% | 68.7% |
| Beta vs S&P 500 | 2.01 | 1.09 |
| Max drawdown (3Y) | -59.1% | -42.0% |
| Market cap | $0.8B | $8.5B |
| P/E (trailing) | – | 20.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AURA | TGTX |
|---|---|---|
| 2022 | -38.2% | -37.7% |
| 2023 | -15.6% | +44.4% |
| 2024 | -7.2% | +76.2% |
| 2025 | -33.7% | -1.0% |
| 2026 | +41.3% | +86.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AURA and TGTX good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.48 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between AURA and TGTX?
As of 2026-08-27, the correlation of weekly returns between AURA and TGTX is 0.48 over 3 years, 0.29 over 1 year and 0.36 over 5 years.
Is TGTX a good diversifier for AURA?
Yes, to a useful degree: a correlation of 0.48 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.48 mean?
On the −1 to +1 scale, 0.48 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.
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Related comparisons
Hubs: AURA correlations · TGTX correlations
