EYPT vs PHVS: Correlation
EyePoint, Inc. (EYPT) and Pharvaris N.V. (PHVS) show a moderate relationship: their 3-year correlation of weekly returns is 0.43.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EYPT and PHVS?
On 3 years of weekly data the EYPT/PHVS correlation comes out at 0.43, moderate. The link has loosened recently: the 1-year correlation (0.20) runs below the 3-year figure (0.43). The 5-year figure is 0.08, and annualized covariance runs at 3551.5 %².
By 3-year correlation, PHVS places #9 of the 21 assets tracked against EYPT. Their recent paths diverged sharply: over the last 12 months PHVS outperformed by 116.5 percentage points (-60.9% for EYPT against +55.6% for PHVS). Risk is not evenly split, since EYPT carries 2.4 times the volatility of the other side.
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.
EYPT vs PHVS: side by side
| EYPT (EyePoint, Inc.) | PHVS (Pharvaris N.V.) | |
|---|---|---|
| 1-year return | -60.9% | +55.6% |
| 5-year return | -54.3% | +76.4% |
| Volatility (ann.) | 141.5% | 59.0% |
| Beta vs S&P 500 | 2.40 | 0.68 |
| Max drawdown (3Y) | -86.1% | -63.1% |
| Market cap | $0.4B | $2.6B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EYPT | PHVS |
|---|---|---|
| 2022 | -71.4% | -21.8% |
| 2023 | +560.3% | +149.3% |
| 2024 | -67.8% | -31.7% |
| 2025 | +145.2% | +44.8% |
| 2026 | -74.7% | +33.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EYPT and PHVS good diversifiers for each other?
Reasonably. At 0.43, EYPT and PHVS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between EYPT and PHVS?
The EYPT/PHVS correlation stands at 0.43 on a 3-year window (1 year: 0.20, 5 years: 0.08), computed from weekly returns as of 2026-08-27.
Is PHVS a good diversifier for EYPT?
Reasonably. At 0.43, EYPT and PHVS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.43 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.
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Related comparisons
Hubs: EYPT correlations · PHVS correlations
