DSGN vs SNDX: Correlation
How closely do Design Therapeutics, Inc. (DSGN) and Syndax Pharmaceuticals, Inc. (SNDX) trade together? Their weekly returns over three years give a correlation of 0.45, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DSGN and SNDX?
Across a 3-year window, the weekly returns of DSGN and SNDX correlate at 0.45, moderate. Recent behaviour matches the longer record: 0.43 over 1 year against 0.45 over 3. Stretching to 5 years gives 0.40, with an annualized covariance of 1899.1 %².
SNDX is one of the assets that tracks DSGN most closely: it ranks #3 out of the 11 assets we track against DSGN. The last year tells two different stories: DSGN led by 164.3 percentage points, +188.3% for DSGN against +24.0% for SNDX.
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.
DSGN vs SNDX: side by side
| DSGN (Design Therapeutics, Inc.) | SNDX (Syndax Pharmaceuticals, Inc.) | |
|---|---|---|
| 1-year return | +188.3% | +24.0% |
| 5-year return | +0.7% | +16.9% |
| Volatility (ann.) | 72.7% | 57.8% |
| Beta vs S&P 500 | 1.35 | 1.25 |
| Max drawdown (3Y) | -62.8% | -64.8% |
| Market cap | $1.0B | $1.8B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DSGN | SNDX |
|---|---|---|
| 2022 | -52.1% | +16.3% |
| 2023 | -74.2% | -15.1% |
| 2024 | +132.8% | -38.8% |
| 2025 | +52.0% | +58.9% |
| 2026 | +62.6% | -4.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DSGN and SNDX good diversifiers for each other?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between DSGN and SNDX?
The DSGN/SNDX correlation stands at 0.45 on a 3-year window (1 year: 0.43, 5 years: 0.40), computed from weekly returns as of 2026-08-27.
Is SNDX a good diversifier for DSGN?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.45 mean?
A reading of 0.45 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: DSGN correlations · SNDX correlations
