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
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 500 | 1.09 | 1.35 |
| Max drawdown (3Y) | -97.7% | -74.8% |
| Market cap | – | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GRDX | VYGR |
|---|---|---|
| 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.
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Hubs: GRDX correlations · VYGR correlations