GKOS vs TLSI: Correlation
Glaukos Corporation (GKOS) and TriSalus Life Sciences, Inc. (TLSI) show a moderate relationship: their 3-year correlation of weekly returns is 0.37.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GKOS and TLSI?
Over the past 3 years, GKOS and TLSI moved with a correlation of 0.37, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.11 versus 0.37 over 3 years. Over 5 years the correlation is 0.27, and the annualized covariance of weekly returns is 1524.1 %².
Among the 12 assets we track against GKOS, TLSI ranks #4 by 3-year correlation. Correlation aside, the last 12 months split them widely, with GKOS ahead by 94.5 points (+91.2% versus -3.3%). Note the risk asymmetry: TLSI runs 2.0 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.
GKOS vs TLSI: side by side
| GKOS (Glaukos Corporation) | TLSI (TriSalus Life Sciences, Inc.) | |
|---|---|---|
| 1-year return | +91.2% | -3.3% |
| 5-year return | +218.6% | -49.6% |
| Volatility (ann.) | 45.7% | 89.7% |
| Beta vs S&P 500 | 0.85 | 1.13 |
| Max drawdown (3Y) | -53.7% | -75.4% |
| Market cap | $10.7B | $0.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GKOS | TLSI |
|---|---|---|
| 2022 | -1.7% | +1.5% |
| 2023 | +82.0% | -15.8% |
| 2024 | +88.6% | -40.7% |
| 2025 | -24.7% | +39.3% |
| 2026 | +61.1% | -29.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GKOS and TLSI good diversifiers for each other?
A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between GKOS and TLSI?
Using weekly returns as of 2026-08-27: 0.37 over 3 years, with 0.11 over the last year and 0.27 over 5 years.
Is TLSI a good diversifier for GKOS?
A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.37 mean?
On the −1 to +1 scale, 0.37 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/gkos-vs-tlsi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gkos-vs-tlsi/)
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Related comparisons
Hubs: GKOS correlations · TLSI correlations
