KYMR vs TNGX: Correlation
Measured on weekly returns over the past three years, Kymera Therapeutics, Inc. (KYMR) and Tango Therapeutics, Inc. (TNGX) carry a correlation of 0.38, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KYMR and TNGX?
Across a 3-year window, the weekly returns of KYMR and TNGX correlate at 0.38, moderate. The link has loosened recently: the 1-year correlation (0.19) runs below the 3-year figure (0.38). Stretching to 5 years gives 0.30, with an annualized covariance of 3075.2 %².
Within KYMR's tracked universe of 31 assets, TNGX comes in at #23 by 3-year correlation. Correlation aside, the last 12 months split them widely, with TNGX ahead by 81.9 points (+184.5% versus +266.4%).
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.
KYMR vs TNGX: side by side
| KYMR (Kymera Therapeutics, Inc.) | TNGX (Tango Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | +184.5% | +266.4% |
| 5-year return | +96.7% | +112.1% |
| Volatility (ann.) | 74.1% | 109.5% |
| Beta vs S&P 500 | 2.12 | 1.01 |
| Max drawdown (3Y) | -59.8% | -91.5% |
| Market cap | $9.9B | $4.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KYMR | TNGX |
|---|---|---|
| 2022 | -60.7% | -33.7% |
| 2023 | +2.0% | +36.6% |
| 2024 | +58.0% | -68.8% |
| 2025 | +93.4% | +186.7% |
| 2026 | +54.5% | +185.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KYMR and TNGX good diversifiers for each other?
Reasonably. At 0.38, KYMR and TNGX keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between KYMR and TNGX?
As of 2026-08-27, the correlation of weekly returns between KYMR and TNGX is 0.38 over 3 years, 0.19 over 1 year and 0.30 over 5 years.
Is TNGX a good diversifier for KYMR?
Reasonably. At 0.38, KYMR and TNGX keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.38 mean?
A reading of 0.38 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
$ curl https://www.pairbook.io/api/v1/pairs/kymr-vs-tngx.json
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[](https://www.pairbook.io/pair/kymr-vs-tngx/)
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Related comparisons
Hubs: KYMR correlations · TNGX correlations
