ECVT vs NAGE: Correlation
How closely do Ecovyst Inc. (ECVT) and Niagen Bioscience, Inc. (NAGE) trade together? Their weekly returns over three years give a correlation of 0.42, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ECVT and NAGE?
On 3 years of weekly data the ECVT/NAGE correlation comes out at 0.42, moderate. Lately the two have drifted apart, with the 1-year correlation at -0.02 versus 0.42 over 3 years. The 5-year figure is 0.32, and annualized covariance runs at 1318.7 %².
Among the 13 assets we track against ECVT, NAGE ranks #7 by 3-year correlation. Correlation aside, the last 12 months split them widely, with ECVT ahead by 78.6 points (+11.5% versus -67.1%). One caveat on sizing: NAGE is 2.0 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.
ECVT vs NAGE: side by side
| ECVT (Ecovyst Inc.) | NAGE (Niagen Bioscience, Inc.) | |
|---|---|---|
| 1-year return | +11.5% | -67.1% |
| 5-year return | -23.2% | -61.2% |
| Volatility (ann.) | 39.7% | 78.5% |
| Beta vs S&P 500 | 0.82 | 0.93 |
| Max drawdown (3Y) | -52.2% | -79.5% |
| Market cap | $1.1B | $0.3B |
| P/E (trailing) | 44.1 | 17.8 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ECVT | NAGE |
|---|---|---|
| 2022 | -13.5% | -55.1% |
| 2023 | +10.3% | -14.9% |
| 2024 | -21.8% | +271.3% |
| 2025 | +27.4% | +19.8% |
| 2026 | +4.3% | -49.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ECVT and NAGE good diversifiers for each other?
Reasonably. At 0.42, ECVT and NAGE keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ECVT and NAGE?
The ECVT/NAGE correlation stands at 0.42 on a 3-year window (1 year: -0.02, 5 years: 0.32), computed from weekly returns as of 2026-08-27.
Is NAGE a good diversifier for ECVT?
Reasonably. At 0.42, ECVT and NAGE keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.42 mean?
A reading of 0.42 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: ECVT correlations · NAGE correlations
