LNTH vs SNGX: Correlation
Lantheus Holdings, Inc. (LNTH) and Soligenix, Inc. (SNGX) show a moderate relationship: their 3-year correlation of weekly returns is 0.44.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LNTH and SNGX?
Over the past 3 years, LNTH and SNGX moved with a correlation of 0.44, which is moderate. The link has loosened recently: the 1-year correlation (-0.04) runs below the 3-year figure (0.44). Over 5 years the correlation is 0.30, and the annualized covariance of weekly returns is 5160.4 %².
Few assets follow LNTH as closely as SNGX, which ranks #1 of 13 tracked partners. Correlation aside, the last 12 months split them widely, with LNTH ahead by 164.1 points (+76.8% versus -87.3%). One caveat on sizing: SNGX is 3.6 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.
LNTH vs SNGX: side by side
| LNTH (Lantheus Holdings, Inc.) | SNGX (Soligenix, Inc.) | |
|---|---|---|
| 1-year return | +76.8% | -87.3% |
| 5-year return | +286.9% | -99.8% |
| Volatility (ann.) | 57.5% | 205.9% |
| Beta vs S&P 500 | 0.44 | 0.50 |
| Max drawdown (3Y) | -59.5% | -98.2% |
| Market cap | $6.6B | – |
| P/E (trailing) | 24.1 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LNTH | SNGX |
|---|---|---|
| 2022 | +76.4% | -31.8% |
| 2023 | +21.7% | -88.7% |
| 2024 | +44.3% | -77.8% |
| 2025 | -25.6% | -50.4% |
| 2026 | +51.0% | -71.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LNTH and SNGX good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between LNTH and SNGX?
As of 2026-08-27, the correlation of weekly returns between LNTH and SNGX is 0.44 over 3 years, -0.04 over 1 year and 0.30 over 5 years.
Is SNGX a good diversifier for LNTH?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.44 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/lnth-vs-sngx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/lnth-vs-sngx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LNTH correlations · SNGX correlations
