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
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 500 | 0.03 | 0.50 |
| Max drawdown (3Y) | -90.3% | -30.2% |
| Market cap | $0.2B | $26.6B |
| P/E (trailing) | – | 31.9 |
| Dividend yield | 0.00% | 1.08% |
| Sector / category | US Listed | Information Technology |
Year-by-year returns
| Year | EQ | VRSN |
|---|---|---|
| 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
$ curl https://www.pairbook.io/api/v1/pairs/eq-vs-vrsn.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/eq-vs-vrsn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: EQ correlations · VRSN correlations