DYN vs REGN: Correlation
Dyne Therapeutics, Inc. (DYN) and Regeneron Pharmaceuticals (REGN) show a moderate relationship: their 3-year correlation of weekly returns is 0.38.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DYN and REGN?
Across a 3-year window, the weekly returns of DYN and REGN correlate at 0.38, moderate. Little has changed lately, as the 1-year reading of 0.29 lands near the 3-year figure. Stretching to 5 years gives 0.31, with an annualized covariance of 952.1 %².
Among the 13 assets we track against DYN, REGN ranks #7 by 3-year correlation. The last year tells two different stories: DYN led by 53.0 percentage points, +91.3% for DYN against +38.3% for REGN. One caveat on sizing: DYN is 2.5 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 REGN: side by side
| DYN (Dyne Therapeutics, Inc.) | REGN (Regeneron Pharmaceuticals) | |
|---|---|---|
| 1-year return | +91.3% | +38.3% |
| 5-year return | +58.2% | +20.4% |
| Volatility (ann.) | 78.6% | 31.8% |
| Beta vs S&P 500 | 1.95 | 0.61 |
| Max drawdown (3Y) | -85.5% | -59.7% |
| Market cap | $4.9B | $83.2B |
| P/E (trailing) | – | 20.2 |
| Dividend yield | 0.00% | 0.45% |
| Sector / category | US Listed | Health Care |
Year-by-year returns
| Year | DYN | REGN |
|---|---|---|
| 2022 | -2.5% | +14.2% |
| 2023 | +14.8% | +21.7% |
| 2024 | +77.1% | -18.9% |
| 2025 | -17.0% | +9.0% |
| 2026 | +33.4% | +5.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DYN and REGN good diversifiers for each other?
Reasonably. At 0.38, DYN and REGN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between DYN and REGN?
As of 2026-08-27, the correlation of weekly returns between DYN and REGN is 0.38 over 3 years, 0.29 over 1 year and 0.31 over 5 years.
Is REGN a good diversifier for DYN?
Reasonably. At 0.38, DYN and REGN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.38 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/dyn-vs-regn.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/dyn-vs-regn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DYN correlations · REGN correlations
