CABA vs VYGR: Correlation
How closely do Cabaletta Bio, Inc. (CABA) and Voyager Therapeutics, Inc. (VYGR) trade together? Their weekly returns over three years give a correlation of 0.49, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CABA and VYGR?
Over the past 3 years, CABA and VYGR moved with a correlation of 0.49, which is moderate. The relationship has been stable: the 1-year correlation (0.39) sits close to the 3-year figure. Over 5 years the correlation is 0.20, and the annualized covariance of weekly returns is 3720.3 %².
By 3-year correlation, VYGR places #4 of the 14 assets tracked against CABA. Their recent paths diverged sharply: over the last 12 months CABA outperformed by 124.1 percentage points (+125.3% for CABA against +1.2% for VYGR). Risk is not evenly split, since CABA carries 2.1 times the volatility of the other side.
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.
CABA vs VYGR: side by side
| CABA (Cabaletta Bio, Inc.) | VYGR (Voyager Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | +125.3% | +1.2% |
| 5-year return | -66.5% | +7.5% |
| Volatility (ann.) | 125.4% | 60.2% |
| Beta vs S&P 500 | 3.70 | 1.35 |
| Max drawdown (3Y) | -95.9% | -74.8% |
| Market cap | $0.6B | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CABA | VYGR |
|---|---|---|
| 2022 | +144.1% | +125.1% |
| 2023 | +145.4% | +38.4% |
| 2024 | -90.0% | -32.8% |
| 2025 | -3.5% | -30.7% |
| 2026 | +54.3% | -12.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CABA and VYGR good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.49 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CABA and VYGR?
As of 2026-08-27, the correlation of weekly returns between CABA and VYGR is 0.49 over 3 years, 0.39 over 1 year and 0.20 over 5 years.
Is VYGR a good diversifier for CABA?
Yes, to a useful degree: a correlation of 0.49 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.49 mean?
A reading of 0.49 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: CABA correlations · VYGR correlations
