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CMPS vs DFTX: Correlation

COMPASS Pathways Plc - American Depository Shares (CMPS) and Definium Therapeutics, Inc. (DFTX) show a moderate relationship: their 3-year correlation of weekly returns is 0.44.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.44
moderate
Correlation (1Y)
0.37
last 12 months
Correlation (5Y)
0.39
long-run
Ann. covariance
3167.5
%² · weekly, annualized

How correlated are CMPS and DFTX?

Across a 3-year window, the weekly returns of CMPS and DFTX correlate at 0.44, moderate. Recent behaviour matches the longer record: 0.37 over 1 year against 0.44 over 3. Stretching to 5 years gives 0.39, with an annualized covariance of 3167.5 %².

Among the 13 assets we track against CMPS, DFTX ranks #5 by 3-year correlation. Correlation aside, the last 12 months split them widely, with DFTX ahead by 134.7 points (+210.2% versus +344.9%).

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.

CMPS vs DFTX: side by side

CMPS (COMPASS Pathways Plc - American Depository Shares)DFTX (Definium Therapeutics, Inc.)
1-year return+210.2%+344.9%
5-year return-55.2%+4.7%
Volatility (ann.)79.7%90.9%
Beta vs S&P 5001.721.35
Max drawdown (3Y)-81.0%-58.4%
Market cap$2.0B$5.9B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: DFTX -58.4% vs -81.0%Higher 5y return: DFTX +4.7% vs -55.2%
-5%0%+410%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. CMPS · DFTX

Year-by-year returns

YearCMPSDFTX
2022-63.7%-89.4%
2023+9.0%+66.4%
2024-56.8%+90.2%
2025+82.5%+92.4%
2026+112.2%+227.3%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are CMPS and DFTX good diversifiers for each other?

A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between CMPS and DFTX?

The CMPS/DFTX correlation stands at 0.44 on a 3-year window (1 year: 0.37, 5 years: 0.39), computed from weekly returns as of 2026-08-27.

Is DFTX a good diversifier for CMPS?

A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.44 mean?

On the −1 to +1 scale, 0.44 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

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$ curl https://www.pairbook.io/api/v1/pairs/cmps-vs-dftx.json

CMPS vs DFTX: 3-year weekly correlation 0.44CMPS vs DFTX0.44

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Related comparisons

Hubs: CMPS correlations · DFTX correlations