HQL vs KYMR: Correlation
How closely do abrdn Life Sciences Investors Shares of Beneficial Interest (HQL) and Kymera Therapeutics, Inc. (KYMR) trade together? Their weekly returns over three years give a correlation of 0.57, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HQL and KYMR?
Over the past 3 years, HQL and KYMR moved with a correlation of 0.57, which is moderate. The past 12 months show a weaker link (0.46) than the 3-year average (0.57). Over 5 years the correlation is 0.56, and the annualized covariance of weekly returns is 988.1 %².
By 3-year correlation, KYMR places #13 of the 72 assets tracked against HQL. Their recent paths diverged sharply: over the last 12 months KYMR outperformed by 108.6 percentage points (+75.9% for HQL against +184.5% for KYMR). Note the risk asymmetry: KYMR runs 3.2 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.
HQL vs KYMR: side by side
| HQL (abrdn Life Sciences Investors Shares of Beneficial Interest) | KYMR (Kymera Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | +75.9% | +184.5% |
| 5-year return | +74.1% | +96.7% |
| Volatility (ann.) | 23.5% | 74.1% |
| Beta vs S&P 500 | 0.88 | 2.12 |
| Max drawdown (3Y) | -25.1% | -59.8% |
| Market cap | – | $9.9B |
| P/E (trailing) | 3.2 | – |
| Dividend yield | 8.87% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HQL | KYMR |
|---|---|---|
| 2022 | -19.2% | -60.7% |
| 2023 | +4.2% | +2.0% |
| 2024 | +11.0% | +58.0% |
| 2025 | +45.5% | +93.4% |
| 2026 | +40.9% | +54.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HQL and KYMR good diversifiers for each other?
To a limited degree. At 0.57 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between HQL and KYMR?
Using weekly returns as of 2026-08-27: 0.57 over 3 years, with 0.46 over the last year and 0.56 over 5 years.
Is KYMR a good diversifier for HQL?
To a limited degree. At 0.57 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.57 mean?
On the −1 to +1 scale, 0.57 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/hql-vs-kymr.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/hql-vs-kymr/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: HQL correlations · KYMR correlations
