IDYA vs SNDX: Correlation
Measured on weekly returns over the past three years, IDEAYA Biosciences, Inc. (IDYA) and Syndax Pharmaceuticals, Inc. (SNDX) carry a correlation of 0.54, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IDYA and SNDX?
Across a 3-year window, the weekly returns of IDYA and SNDX correlate at 0.54, moderate. The past 12 months show a weaker link (0.37) than the 3-year average (0.54). Stretching to 5 years gives 0.37, with an annualized covariance of 1425.7 %².
By 3-year correlation, SNDX places #8 of the 23 assets tracked against IDYA. The last year tells two different stories: IDYA led by 43.1 percentage points, +67.1% for IDYA against +24.0% for SNDX.
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.
IDYA vs SNDX: side by side
| IDYA (IDEAYA Biosciences, Inc.) | SNDX (Syndax Pharmaceuticals, Inc.) | |
|---|---|---|
| 1-year return | +67.1% | +24.0% |
| 5-year return | +82.5% | +16.9% |
| Volatility (ann.) | 45.3% | 57.8% |
| Beta vs S&P 500 | 1.37 | 1.25 |
| Max drawdown (3Y) | -69.2% | -64.8% |
| Market cap | $4.0B | $1.8B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | IDYA | SNDX |
|---|---|---|
| 2022 | -23.1% | +16.3% |
| 2023 | +95.8% | -15.1% |
| 2024 | -27.8% | -38.8% |
| 2025 | +34.5% | +58.9% |
| 2026 | +20.8% | -4.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IDYA and SNDX good diversifiers for each other?
To a limited degree. At 0.54 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 IDYA and SNDX?
As of 2026-08-27, the correlation of weekly returns between IDYA and SNDX is 0.54 over 3 years, 0.37 over 1 year and 0.37 over 5 years.
Is SNDX a good diversifier for IDYA?
To a limited degree. At 0.54 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 0.54 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/idya-vs-sndx.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/idya-vs-sndx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: IDYA correlations · SNDX correlations
