BVC vs ZNTL: Correlation
BitVentures Limited (BVC) and Zentalis Pharmaceuticals, Inc. (ZNTL) show a moderate relationship: their 3-year correlation of weekly returns is 0.51.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BVC and ZNTL?
Across a 3-year window, the weekly returns of BVC and ZNTL correlate at 0.51, moderate. The past 12 months show a tighter link (0.66) than the 3-year average (0.51). Stretching to 5 years gives 0.48, with an annualized covariance of 38834.3 %².
ZNTL is one of the assets that tracks BVC most closely: it ranks #2 out of the 19 assets we track against BVC. Correlation aside, the last 12 months split them widely, with BVC ahead by 1708.8 points (+1822.0% versus +113.2%). One caveat on sizing: BVC is 3.0 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
BVC vs ZNTL: side by side
| BVC (BitVentures Limited) | ZNTL (Zentalis Pharmaceuticals, Inc.) | |
|---|---|---|
| 1-year return | +1822.0% | +113.2% |
| 5-year return | +74.6% | -94.1% |
| Volatility (ann.) | 476.9% | 159.7% |
| Beta vs S&P 500 | 1.30 | 2.82 |
| Max drawdown (3Y) | -97.2% | -96.2% |
| Market cap | $2.1B | $0.4B |
| P/E (trailing) | 8.3 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BVC | ZNTL |
|---|---|---|
| 2022 | +1.2% | -76.0% |
| 2023 | -67.4% | -24.8% |
| 2024 | -33.5% | -80.0% |
| 2025 | -7.3% | -55.4% |
| 2026 | +1002.6% | +187.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BVC and ZNTL good diversifiers for each other?
To a limited degree. At 0.51 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between BVC and ZNTL?
As of 2026-08-27, the correlation of weekly returns between BVC and ZNTL is 0.51 over 3 years, 0.66 over 1 year and 0.48 over 5 years.
Is ZNTL a good diversifier for BVC?
To a limited degree. At 0.51 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.51 mean?
A reading of 0.51 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/bvc-vs-zntl.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/bvc-vs-zntl/)
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Related comparisons
Hubs: BVC correlations · ZNTL correlations
