FBLG vs YEXT: Correlation
How closely do FibroBiologics, Inc. (FBLG) and Yext, Inc. (YEXT) trade together? Their weekly returns over three years give a correlation of 0.39, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FBLG and YEXT?
Over the past 3 years, FBLG and YEXT moved with a correlation of 0.39, which is moderate. Recent behaviour matches the longer record: 0.38 over 1 year against 0.39 over 3. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 3122.1 %².
Among the 15 assets we track against FBLG, YEXT ranks #5 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months YEXT outperformed by 61.7 percentage points (-87.6% for FBLG against -25.9% for YEXT). One caveat on sizing: FBLG is 2.8 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.
FBLG vs YEXT: side by side
| FBLG (FibroBiologics, Inc.) | YEXT (Yext, Inc.) | |
|---|---|---|
| 1-year return | -87.6% | -25.9% |
| 5-year return | n/a | -50.0% |
| Volatility (ann.) | 150.1% | 53.6% |
| Beta vs S&P 500 | 0.40 | 0.82 |
| Max drawdown (3Y) | -99.9% | -63.5% |
| Market cap | – | $0.7B |
| P/E (trailing) | – | 84.5 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FBLG | YEXT |
|---|---|---|
| 2022 | – | -34.2% |
| 2023 | – | -9.8% |
| 2024 | – | +8.0% |
| 2025 | -88.8% | +26.7% |
| 2026 | -66.9% | -16.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FBLG and YEXT good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between FBLG and YEXT?
The FBLG/YEXT correlation stands at 0.39 on a 3-year window (1 year: 0.38, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is YEXT a good diversifier for FBLG?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.39 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/fblg-vs-yext.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/fblg-vs-yext/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FBLG correlations · YEXT correlations
