CERT vs SDGR: Correlation
How closely do Certara, Inc. (CERT) and Schrodinger, Inc. (SDGR) trade together? Their weekly returns over three years give a correlation of 0.57, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CERT and SDGR?
Over the past 3 years, CERT and SDGR moved with a correlation of 0.57, which is moderate. Recent behaviour matches the longer record: 0.59 over 1 year against 0.57 over 3. Over 5 years the correlation is 0.53, and the annualized covariance of weekly returns is 1858.2 %².
SDGR is one of the assets that tracks CERT most closely: it ranks #2 out of the 13 assets we track against CERT. Correlation aside, the last 12 months split them widely, with SDGR ahead by 26.4 points (-23.3% versus +3.1%).
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.
CERT vs SDGR: side by side
| CERT (Certara, Inc.) | SDGR (Schrodinger, Inc.) | |
|---|---|---|
| 1-year return | -23.3% | +3.1% |
| 5-year return | -74.4% | -65.2% |
| Volatility (ann.) | 56.7% | 57.7% |
| Beta vs S&P 500 | 1.49 | 1.91 |
| Max drawdown (3Y) | -77.0% | -70.2% |
| Market cap | $1.3B | $1.5B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CERT | SDGR |
|---|---|---|
| 2022 | -43.5% | -46.3% |
| 2023 | +9.5% | +91.5% |
| 2024 | -39.5% | -46.1% |
| 2025 | -17.3% | -7.3% |
| 2026 | -4.5% | +14.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CERT and SDGR good diversifiers for each other?
Only partially. A correlation of 0.57 means CERT and SDGR 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 CERT and SDGR?
Using weekly returns as of 2026-08-27: 0.57 over 3 years, with 0.59 over the last year and 0.53 over 5 years.
Is SDGR a good diversifier for CERT?
Only partially. A correlation of 0.57 means CERT and SDGR share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.57 mean?
A reading of 0.57 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: CERT correlations · SDGR correlations
