ENGN vs TELO: Correlation
enGene Therapeutics Inc. (ENGN) and Telomir Pharmaceuticals, Inc. (TELO) show a moderate relationship: their 3-year correlation of weekly returns is 0.34.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ENGN and TELO?
On 3 years of weekly data the ENGN/TELO correlation comes out at 0.34, moderate. Recent behaviour matches the longer record: 0.36 over 1 year against 0.34 over 3. The 5-year figure is n/a, and annualized covariance runs at 4580.5 %².
By 3-year correlation, TELO places #4 of the 35 assets tracked against ENGN. The last year tells two different stories: TELO led by 36.4 percentage points, -56.0% for ENGN against -19.6% for TELO.
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.
ENGN vs TELO: side by side
| ENGN (enGene Therapeutics Inc.) | TELO (Telomir Pharmaceuticals, Inc.) | |
|---|---|---|
| 1-year return | -56.0% | -19.6% |
| 5-year return | -80.6% | n/a |
| Volatility (ann.) | 156.3% | 119.3% |
| Beta vs S&P 500 | -0.97 | 1.22 |
| Max drawdown (3Y) | -94.9% | -92.3% |
| Market cap | $0.1B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ENGN | TELO |
|---|---|---|
| 2023 | -10.6% | – |
| 2024 | -28.0% | – |
| 2025 | +35.8% | -67.7% |
| 2026 | -78.8% | -10.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ENGN and TELO good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.34 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ENGN and TELO?
The ENGN/TELO correlation stands at 0.34 on a 3-year window (1 year: 0.36, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is TELO a good diversifier for ENGN?
Yes, to a useful degree: a correlation of 0.34 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.34 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/engn-vs-telo.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/engn-vs-telo/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ENGN correlations · TELO correlations
