KVUE vs VYGR: Correlation
Kenvue (KVUE) and Voyager Therapeutics, Inc. (VYGR) show a negative relationship: their 3-year correlation of weekly returns is -0.21.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KVUE and VYGR?
Across a 3-year window, the weekly returns of KVUE and VYGR correlate at -0.21, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.31 lands near the 3-year figure. Stretching to 5 years gives n/a, with an annualized covariance of -345.0 %².
Among the 34 assets we track against KVUE, VYGR ranks #29 by 3-year correlation. Their 12-month results are close: -3.0% for KVUE against +1.2% for VYGR. One caveat on sizing: VYGR is 2.2 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
KVUE vs VYGR: side by side
| KVUE (Kenvue) | VYGR (Voyager Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | -3.0% | +1.2% |
| 5-year return | n/a | +7.5% |
| Volatility (ann.) | 27.3% | 60.2% |
| Beta vs S&P 500 | 0.16 | 1.35 |
| Max drawdown (3Y) | -41.2% | -74.8% |
| Market cap | $36.9B | $0.2B |
| P/E (trailing) | 22.6 | – |
| Dividend yield | 4.32% | 0.00% |
| Sector / category | Consumer Staples | US Listed |
Year-by-year returns
| Year | KVUE | VYGR |
|---|---|---|
| 2022 | – | +125.1% |
| 2023 | – | +38.4% |
| 2024 | +3.1% | -32.8% |
| 2025 | -15.9% | -30.7% |
| 2026 | +15.2% | -12.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KVUE and VYGR good diversifiers for each other?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between KVUE and VYGR?
Using weekly returns as of 2026-08-27: -0.21 over 3 years, with -0.31 over the last year and n/a over 5 years.
Is VYGR a good diversifier for KVUE?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.21 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.
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Related comparisons
Hubs: KVUE correlations · VYGR correlations