CRL vs RGNX: Correlation
Charles River Laboratories (CRL) and REGENXBIO Inc. (RGNX) show a moderate relationship: their 3-year correlation of weekly returns is 0.54.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CRL and RGNX?
On 3 years of weekly data the CRL/RGNX correlation comes out at 0.54, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.69 versus 0.54 over 3 years. The 5-year figure is 0.45, and annualized covariance runs at 2178.6 %².
Within CRL's tracked universe of 33 assets, RGNX comes in at #11 by 3-year correlation. The last year tells two different stories: CRL led by 75.9 percentage points, +82.1% for CRL against +6.2% for RGNX. Risk is not evenly split, since RGNX carries 1.8 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.
CRL vs RGNX: side by side
| CRL (Charles River Laboratories) | RGNX (REGENXBIO Inc.) | |
|---|---|---|
| 1-year return | +82.1% | +6.2% |
| 5-year return | -33.3% | -70.5% |
| Volatility (ann.) | 47.9% | 84.1% |
| Beta vs S&P 500 | 0.92 | 2.28 |
| Max drawdown (3Y) | -63.5% | -78.4% |
| Market cap | $14.3B | $0.6B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Health Care | US Listed |
Year-by-year returns
| Year | CRL | RGNX |
|---|---|---|
| 2022 | -42.2% | -30.6% |
| 2023 | +8.5% | -20.9% |
| 2024 | -21.9% | -56.9% |
| 2025 | +8.1% | +86.3% |
| 2026 | +48.6% | -34.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CRL and RGNX good diversifiers for each other?
Only partially. A correlation of 0.54 means CRL and RGNX 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 CRL and RGNX?
Using weekly returns as of 2026-08-27: 0.54 over 3 years, with 0.69 over the last year and 0.45 over 5 years.
Is RGNX a good diversifier for CRL?
Only partially. A correlation of 0.54 means CRL and RGNX share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.54 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/crl-vs-rgnx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/crl-vs-rgnx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CRL correlations · RGNX correlations
