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IDYA vs VRTX: Correlation

IDEAYA Biosciences, Inc. (IDYA) and Vertex Pharmaceuticals (VRTX) show a moderate relationship: their 3-year correlation of weekly returns is 0.46.

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

Correlation (3Y)
0.46
moderate
Correlation (1Y)
0.41
last 12 months
Correlation (5Y)
0.29
long-run
Ann. covariance
634.1
%² · weekly, annualized

How correlated are IDYA and VRTX?

Over the past 3 years, IDYA and VRTX moved with a correlation of 0.46, which is moderate. Little has changed lately, as the 1-year reading of 0.41 lands near the 3-year figure. Over 5 years the correlation is 0.29, and the annualized covariance of weekly returns is 634.1 %².

Among the 23 assets we track against IDYA, VRTX ranks #14 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months IDYA outperformed by 26.4 percentage points (+67.1% for IDYA against +40.7% for VRTX).

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 VRTX: side by side

IDYA (IDEAYA Biosciences, Inc.)VRTX (Vertex Pharmaceuticals)
1-year return+67.1%+40.7%
5-year return+82.5%+174.5%
Volatility (ann.)45.3%30.3%
Beta vs S&P 5001.370.55
Max drawdown (3Y)-69.2%-29.1%
Market cap$4.0B$138.8B
P/E (trailing)31.9
Dividend yield0.00%0.00%
Sector / categoryUS ListedHealth Care
Smaller drawdown: VRTX -29.1% vs -69.2%Higher 5y return: VRTX +174.5% vs +82.5%
-9%0%+54%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). IDYA · VRTX

Year-by-year returns

YearIDYAVRTX
2022-23.1%+31.5%
2023+95.8%+40.9%
2024-27.8%-1.0%
2025+34.5%+12.6%
2026+20.8%+20.8%

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

Are IDYA and VRTX good diversifiers for each other?

Reasonably. At 0.46, IDYA and VRTX keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between IDYA and VRTX?

As of 2026-08-27, the correlation of weekly returns between IDYA and VRTX is 0.46 over 3 years, 0.41 over 1 year and 0.29 over 5 years.

Is VRTX a good diversifier for IDYA?

Reasonably. At 0.46, IDYA and VRTX keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.46 mean?

On the −1 to +1 scale, 0.46 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

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

IDYA vs VRTX: 3-year weekly correlation 0.46IDYA vs VRTX0.46

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Related comparisons

Hubs: IDYA correlations · VRTX correlations