DFTX vs GALT: Correlation
How closely do Definium Therapeutics, Inc. (DFTX) and Galectin Therapeutics Inc. (GALT) trade together? Their weekly returns over three years give a correlation of 0.38, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DFTX and GALT?
Across a 3-year window, the weekly returns of DFTX and GALT correlate at 0.38, moderate. The past 12 months show a tighter link (0.69) than the 3-year average (0.38). Stretching to 5 years gives 0.35, with an annualized covariance of 3453.6 %².
Among the 17 assets we track against DFTX, GALT ranks #10 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months DFTX outperformed by 340.9 percentage points (+344.9% for DFTX against +4.0% for GALT).
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.
DFTX vs GALT: side by side
| DFTX (Definium Therapeutics, Inc.) | GALT (Galectin Therapeutics Inc.) | |
|---|---|---|
| 1-year return | +344.9% | +4.0% |
| 5-year return | +4.7% | +7.5% |
| Volatility (ann.) | 90.9% | 99.6% |
| Beta vs S&P 500 | 1.35 | 0.29 |
| Max drawdown (3Y) | -58.4% | -80.0% |
| Market cap | $5.9B | $0.4B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DFTX | GALT |
|---|---|---|
| 2022 | -89.4% | -45.4% |
| 2023 | +66.4% | +46.9% |
| 2024 | +90.2% | -22.3% |
| 2025 | +92.4% | +222.5% |
| 2026 | +227.3% | -0.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DFTX and GALT good diversifiers for each other?
Reasonably. At 0.38, DFTX and GALT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between DFTX and GALT?
Using weekly returns as of 2026-08-27: 0.38 over 3 years, with 0.69 over the last year and 0.35 over 5 years.
Is GALT a good diversifier for DFTX?
Reasonably. At 0.38, DFTX and GALT 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/dftx-vs-galt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dftx-vs-galt/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DFTX correlations · GALT correlations
