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GRDX vs VYGR: Correlation

How closely do GridAI Technologies Corp. (GRDX) and Voyager Therapeutics, Inc. (VYGR) trade together? Their weekly returns over three years give a correlation of 0.33, which is moderate.

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

Correlation (3Y)
0.33
moderate
Correlation (1Y)
0.16
last 12 months
Correlation (5Y)
0.16
long-run
Ann. covariance
3118.5
%² · weekly, annualized

How correlated are GRDX and VYGR?

Over the past 3 years, GRDX and VYGR moved with a correlation of 0.33, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.16 versus 0.33 over 3 years. Over 5 years the correlation is 0.16, and the annualized covariance of weekly returns is 3118.5 %².

In GRDX's tracked universe of 10 assets, VYGR sits right near the top at #3. Their recent paths diverged sharply: over the last 12 months GRDX outperformed by 108.7 percentage points (+109.9% for GRDX against +1.2% for VYGR). Note the risk asymmetry: GRDX runs 2.6 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.

GRDX vs VYGR: side by side

GRDX (GridAI Technologies Corp.)VYGR (Voyager Therapeutics, Inc.)
1-year return+109.9%+1.2%
5-year return-100.0%+7.5%
Volatility (ann.)157.9%60.2%
Beta vs S&P 5001.091.35
Max drawdown (3Y)-97.7%-74.8%
Market cap$0.2B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: VYGR -74.8% vs -97.7%Higher 5y return: VYGR +7.5% vs -100.0%
-28%0%+135%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). GRDX · VYGR

Year-by-year returns

YearGRDXVYGR
2022-98.0%+125.1%
2023-96.6%+38.4%
2024-85.2%-32.8%
2025+149.7%-30.7%
2026-13.9%-12.0%

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

Are GRDX and VYGR good diversifiers for each other?

Reasonably. At 0.33, GRDX and VYGR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between GRDX and VYGR?

Using weekly returns as of 2026-08-27: 0.33 over 3 years, with 0.16 over the last year and 0.16 over 5 years.

Is VYGR a good diversifier for GRDX?

Reasonably. At 0.33, GRDX and VYGR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.33 mean?

A reading of 0.33 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.

Use this data

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

GRDX vs VYGR: 3-year weekly correlation 0.33GRDX vs VYGR0.33

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Hubs: GRDX correlations · VYGR correlations