CRDF vs VKTX: Correlation
Measured on weekly returns over the past three years, Cardiff Oncology, Inc. (CRDF) and Viking Therapeutics, Inc. (VKTX) carry a correlation of 0.45, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CRDF and VKTX?
Across a 3-year window, the weekly returns of CRDF and VKTX correlate at 0.45, moderate. The past 12 months show a weaker link (0.35) than the 3-year average (0.45). Stretching to 5 years gives 0.35, with an annualized covariance of 4700.0 %².
VKTX is one of the assets that tracks CRDF most closely: it ranks #1 out of the 13 assets we track against CRDF. Correlation aside, the last 12 months split them widely, with VKTX ahead by 81.8 points (-54.6% versus +27.2%).
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.
CRDF vs VKTX: side by side
| CRDF (Cardiff Oncology, Inc.) | VKTX (Viking Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | -54.6% | +27.2% |
| 5-year return | -86.7% | +417.7% |
| Volatility (ann.) | 100.0% | 105.3% |
| Beta vs S&P 500 | 1.60 | 1.66 |
| Max drawdown (3Y) | -86.3% | -78.9% |
| Market cap | $0.1B | $3.9B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CRDF | VKTX |
|---|---|---|
| 2022 | -76.7% | +104.3% |
| 2023 | +5.7% | +98.0% |
| 2024 | +193.2% | +116.2% |
| 2025 | -35.3% | -12.6% |
| 2026 | -64.9% | -3.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CRDF and VKTX good diversifiers for each other?
Reasonably. At 0.45, CRDF and VKTX keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CRDF and VKTX?
Using weekly returns as of 2026-08-27: 0.45 over 3 years, with 0.35 over the last year and 0.35 over 5 years.
Is VKTX a good diversifier for CRDF?
Reasonably. At 0.45, CRDF and VKTX keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.45 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/crdf-vs-vktx.json
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[](https://www.pairbook.io/pair/crdf-vs-vktx/)
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Related comparisons
Hubs: CRDF correlations · VKTX correlations
