DYN vs KYMR: Correlation
Measured on weekly returns over the past three years, Dyne Therapeutics, Inc. (DYN) and Kymera Therapeutics, Inc. (KYMR) carry a correlation of 0.49, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DYN and KYMR?
Across a 3-year window, the weekly returns of DYN and KYMR correlate at 0.49, moderate. The past 12 months show a weaker link (0.17) than the 3-year average (0.49). Stretching to 5 years gives 0.45, with an annualized covariance of 2839.9 %².
In DYN's tracked universe of 13 assets, KYMR sits right near the top at #3. Their recent paths diverged sharply: over the last 12 months KYMR outperformed by 93.2 percentage points (+91.3% for DYN against +184.5% for KYMR).
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.
DYN vs KYMR: side by side
| DYN (Dyne Therapeutics, Inc.) | KYMR (Kymera Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | +91.3% | +184.5% |
| 5-year return | +58.2% | +96.7% |
| Volatility (ann.) | 78.6% | 74.1% |
| Beta vs S&P 500 | 1.95 | 2.12 |
| Max drawdown (3Y) | -85.5% | -59.8% |
| Market cap | $4.9B | $9.9B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DYN | KYMR |
|---|---|---|
| 2022 | -2.5% | -60.7% |
| 2023 | +14.8% | +2.0% |
| 2024 | +77.1% | +58.0% |
| 2025 | -17.0% | +93.4% |
| 2026 | +33.4% | +54.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DYN and KYMR good diversifiers for each other?
Reasonably. At 0.49, DYN and KYMR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between DYN and KYMR?
Using weekly returns as of 2026-08-27: 0.49 over 3 years, with 0.17 over the last year and 0.45 over 5 years.
Is KYMR a good diversifier for DYN?
Reasonably. At 0.49, DYN and KYMR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.49 mean?
A reading of 0.49 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/dyn-vs-kymr.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/dyn-vs-kymr/)
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Related comparisons
Hubs: DYN correlations · KYMR correlations