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EQ vs VRSN: Correlation

Equillium, Inc. (EQ) and Verisign (VRSN) show a negative relationship: their 3-year correlation of weekly returns is -0.25.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.25
negative
Correlation (1Y)
-0.24
last 12 months
Correlation (5Y)
-0.11
long-run
Ann. covariance
-860.2
%² · weekly, annualized

How correlated are EQ and VRSN?

On 3 years of weekly data the EQ/VRSN correlation comes out at -0.25, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.24) sits close to the 3-year figure. The 5-year figure is -0.11, and annualized covariance runs at -860.2 %².

VRSN is close to the least connected end of EQ's tracked universe, ranking #13 of 13. The last year tells two different stories: EQ led by 18.7 percentage points, +28.3% for EQ against +9.6% for VRSN. Note the risk asymmetry: EQ runs 6.4 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.

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.

EQ vs VRSN: side by side

EQ (Equillium, Inc.)VRSN (Verisign)
1-year return+28.3%+9.6%
5-year return-60.0%+38.8%
Volatility (ann.)147.8%23.1%
Beta vs S&P 5000.030.50
Max drawdown (3Y)-90.3%-30.2%
Market cap$0.2B$26.6B
P/E (trailing)31.9
Dividend yield0.00%1.08%
Sector / categoryUS ListedInformation Technology
Higher yield: VRSN 1.08% vs 0.00%Smaller drawdown: VRSN -30.2% vs -90.3%Higher 5y return: VRSN +38.8% vs -60.0%
-56%0%+60%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. EQ · VRSN

Year-by-year returns

YearEQVRSN
2022-71.9%-19.1%
2023-32.1%+0.3%
2024+4.2%+0.5%
2025+106.7%+18.4%
2026+58.1%+22.4%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are EQ and VRSN good diversifiers for each other?

By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.

FAQ

What is the correlation between EQ and VRSN?

Using weekly returns as of 2026-08-27: -0.25 over 3 years, with -0.24 over the last year and -0.11 over 5 years.

Is VRSN a good diversifier for EQ?

By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.

What does a correlation of -0.25 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

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

EQ vs VRSN: 3-year weekly correlation -0.25EQ vs VRSN-0.25

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Related comparisons

Hubs: EQ correlations · VRSN correlations