COGT vs PCVX: Correlation
Cogent Biosciences, Inc. (COGT) and Vaxcyte, Inc. (PCVX) show a moderate relationship: their 3-year correlation of weekly returns is 0.38.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are COGT and PCVX?
Across a 3-year window, the weekly returns of COGT and PCVX correlate at 0.38, moderate. Little has changed lately, as the 1-year reading of 0.46 lands near the 3-year figure. Stretching to 5 years gives 0.23, with an annualized covariance of 2347.8 %².
By 3-year correlation, PCVX places #6 of the 13 assets tracked against COGT. Correlation aside, the last 12 months split them widely, with COGT ahead by 99.6 points (+199.8% versus +100.2%). Note the risk asymmetry: COGT runs 1.8 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
COGT vs PCVX: side by side
| COGT (Cogent Biosciences, Inc.) | PCVX (Vaxcyte, Inc.) | |
|---|---|---|
| 1-year return | +199.8% | +100.2% |
| 5-year return | +355.1% | +130.8% |
| Volatility (ann.) | 106.0% | 57.9% |
| Beta vs S&P 500 | 0.78 | 1.40 |
| Max drawdown (3Y) | -69.0% | -76.2% |
| Market cap | $6.4B | $9.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | COGT | PCVX |
|---|---|---|
| 2022 | +34.7% | +101.6% |
| 2023 | -49.1% | +31.0% |
| 2024 | +32.7% | +30.4% |
| 2025 | +355.4% | -43.6% |
| 2026 | +4.4% | +32.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are COGT and PCVX good diversifiers for each other?
Reasonably. At 0.38, COGT and PCVX keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between COGT and PCVX?
Using weekly returns as of 2026-08-27: 0.38 over 3 years, with 0.46 over the last year and 0.23 over 5 years.
Is PCVX a good diversifier for COGT?
Reasonably. At 0.38, COGT and PCVX keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.38 mean?
A reading of 0.38 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/cogt-vs-pcvx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cogt-vs-pcvx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: COGT correlations · PCVX correlations
