CYRX vs VCYT: Correlation
Measured on weekly returns over the past three years, CryoPort, Inc. (CYRX) and Veracyte, Inc. (VCYT) carry a correlation of 0.43, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CYRX and VCYT?
Over the past 3 years, CYRX and VCYT moved with a correlation of 0.43, which is moderate. The past 12 months show a tighter link (0.53) than the 3-year average (0.43). Over 5 years the correlation is 0.43, and the annualized covariance of weekly returns is 1440.0 %².
By 3-year correlation, VCYT places #6 of the 14 assets tracked against CYRX. The last year tells two different stories: CYRX led by 30.7 percentage points, +88.9% for CYRX against +58.2% for VCYT.
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.
CYRX vs VCYT: side by side
| CYRX (CryoPort, Inc.) | VCYT (Veracyte, Inc.) | |
|---|---|---|
| 1-year return | +88.9% | +58.2% |
| 5-year return | -73.7% | -7.1% |
| Volatility (ann.) | 62.3% | 53.3% |
| Beta vs S&P 500 | 1.44 | 1.37 |
| Max drawdown (3Y) | -75.0% | -50.1% |
| Market cap | $0.8B | $3.6B |
| P/E (trailing) | – | 31.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CYRX | VCYT |
|---|---|---|
| 2022 | -70.7% | -42.4% |
| 2023 | -10.7% | +15.9% |
| 2024 | -49.8% | +43.9% |
| 2025 | +23.4% | +6.3% |
| 2026 | +72.6% | +7.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CYRX and VCYT good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.43 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CYRX and VCYT?
The CYRX/VCYT correlation stands at 0.43 on a 3-year window (1 year: 0.53, 5 years: 0.43), computed from weekly returns as of 2026-08-27.
Is VCYT a good diversifier for CYRX?
Yes, to a useful degree: a correlation of 0.43 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.43 mean?
On the −1 to +1 scale, 0.43 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
$ curl https://www.pairbook.io/api/v1/pairs/cyrx-vs-vcyt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cyrx-vs-vcyt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CYRX correlations · VCYT correlations
