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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

Correlation (3Y)
0.49
moderate
Correlation (1Y)
0.17
last 12 months
Correlation (5Y)
0.45
long-run
Ann. covariance
2839.9
%² · weekly, annualized

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 5001.952.12
Max drawdown (3Y)-85.5%-59.8%
Market cap$4.9B$9.9B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: KYMR -59.8% vs -85.5%Higher 5y return: KYMR +96.7% vs +58.2%
-8%0%+176%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. DYN · KYMR

Year-by-year returns

YearDYNKYMR
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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/dyn-vs-kymr.json

DYN vs KYMR: 3-year weekly correlation 0.49DYN vs KYMR0.49

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Related comparisons

Hubs: DYN correlations · KYMR correlations