BLFS vs VCYT: Correlation
Measured on weekly returns over the past three years, BioLife Solutions, Inc. (BLFS) and Veracyte, Inc. (VCYT) carry a correlation of 0.56, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BLFS and VCYT?
Across a 3-year window, the weekly returns of BLFS and VCYT correlate at 0.56, moderate. The relationship has been stable: the 1-year correlation (0.49) sits close to the 3-year figure. Stretching to 5 years gives 0.55, with an annualized covariance of 1503.2 %².
Among the 15 assets we track against BLFS, VCYT ranks #7 by 3-year correlation. The trailing year gives VCYT the advantage: +46.3% versus +58.2%, a 11.9-point spread.
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.
BLFS vs VCYT: side by side
| BLFS (BioLife Solutions, Inc.) | VCYT (Veracyte, Inc.) | |
|---|---|---|
| 1-year return | +46.3% | +58.2% |
| 5-year return | -36.2% | -7.1% |
| Volatility (ann.) | 50.1% | 53.3% |
| Beta vs S&P 500 | 1.66 | 1.37 |
| Max drawdown (3Y) | -37.0% | -50.1% |
| Market cap | $1.8B | $3.6B |
| P/E (trailing) | 37.2 | 31.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BLFS | VCYT |
|---|---|---|
| 2022 | -51.2% | -42.4% |
| 2023 | -10.7% | +15.9% |
| 2024 | +59.8% | +43.9% |
| 2025 | -6.9% | +6.3% |
| 2026 | +53.8% | +7.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BLFS and VCYT good diversifiers for each other?
Only partially. A correlation of 0.56 means BLFS and VCYT share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between BLFS and VCYT?
As of 2026-08-27, the correlation of weekly returns between BLFS and VCYT is 0.56 over 3 years, 0.49 over 1 year and 0.55 over 5 years.
Is VCYT a good diversifier for BLFS?
Only partially. A correlation of 0.56 means BLFS and VCYT share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.56 mean?
On the −1 to +1 scale, 0.56 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
$ curl https://www.pairbook.io/api/v1/pairs/blfs-vs-vcyt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/blfs-vs-vcyt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BLFS correlations · VCYT correlations
