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KROS vs QTTB: Correlation

Measured on weekly returns over the past three years, Keros Therapeutics, Inc. (KROS) and Q32 Bio Inc. (QTTB) carry a correlation of 0.35, a moderate link.

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

Correlation (3Y)
0.35
moderate
Correlation (1Y)
0.04
last 12 months
Correlation (5Y)
0.29
long-run
Ann. covariance
3264.9
%² · weekly, annualized

How correlated are KROS and QTTB?

On 3 years of weekly data the KROS/QTTB correlation comes out at 0.35, moderate. The past 12 months show a weaker link (0.04) than the 3-year average (0.35). The 5-year figure is 0.29, and annualized covariance runs at 3264.9 %².

By 3-year correlation, QTTB places #6 of the 17 assets tracked against KROS. Their recent paths diverged sharply: over the last 12 months QTTB outperformed by 866.6 percentage points (-27.6% for KROS against +839.0% for QTTB). Risk is not evenly split, since QTTB carries 1.9 times the volatility of the other side.

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.

KROS vs QTTB: side by side

KROS (Keros Therapeutics, Inc.)QTTB (Q32 Bio Inc.)
1-year return-27.6%+839.0%
5-year return-67.0%-87.4%
Volatility (ann.)69.9%134.9%
Beta vs S&P 5000.980.12
Max drawdown (3Y)-86.5%-97.3%
Market cap$0.2B$0.5B
P/E (trailing)5.2
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: KROS -86.5% vs -97.3%Higher 5y return: KROS -67.0% vs -87.4%
-36%0%+867%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. KROS · QTTB

Year-by-year returns

YearKROSQTTB
2022-17.9%-65.4%
2023-17.2%-51.7%
2024-60.2%-68.6%
2025+28.6%-3.5%
2026-44.8%+386.4%

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

Are KROS and QTTB good diversifiers for each other?

Reasonably. At 0.35, KROS and QTTB keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between KROS and QTTB?

The KROS/QTTB correlation stands at 0.35 on a 3-year window (1 year: 0.04, 5 years: 0.29), computed from weekly returns as of 2026-08-27.

Is QTTB a good diversifier for KROS?

Reasonably. At 0.35, KROS and QTTB keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.35 mean?

A reading of 0.35 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/kros-vs-qttb.json

KROS vs QTTB: 3-year weekly correlation 0.35KROS vs QTTB0.35

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Related comparisons

Hubs: KROS correlations · QTTB correlations