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LXEO vs VYGR: Correlation

How closely do Lexeo Therapeutics, Inc. (LXEO) and Voyager Therapeutics, Inc. (VYGR) trade together? Their weekly returns over three years give a correlation of 0.46, which is moderate.

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

Correlation (3Y)
0.46
moderate
Correlation (1Y)
0.48
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
2902.1
%² · weekly, annualized

How correlated are LXEO and VYGR?

Across a 3-year window, the weekly returns of LXEO and VYGR correlate at 0.46, moderate. The relationship has been stable: the 1-year correlation (0.48) sits close to the 3-year figure. Stretching to 5 years gives n/a, with an annualized covariance of 2902.1 %².

VYGR is one of the assets that tracks LXEO most closely: it ranks #2 out of the 13 assets we track against LXEO. Their 12-month results are close: +2.9% for LXEO against +1.2% for VYGR. Note the risk asymmetry: LXEO runs 1.7 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.

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.

LXEO vs VYGR: side by side

LXEO (Lexeo Therapeutics, Inc.)VYGR (Voyager Therapeutics, Inc.)
1-year return+2.9%+1.2%
5-year returnn/a+7.5%
Volatility (ann.)103.0%60.2%
Beta vs S&P 5002.101.35
Max drawdown (3Y)-90.5%-74.8%
Market cap$0.4B$0.2B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: VYGR -74.8% vs -90.5%
-28%0%+110%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). LXEO · VYGR

Year-by-year returns

YearLXEOVYGR
2022+125.1%
2023+38.4%
2024-51.0%-32.8%
2025+50.9%-30.7%
2026-49.7%-12.0%

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

Are LXEO and VYGR good diversifiers for each other?

A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between LXEO and VYGR?

The LXEO/VYGR correlation stands at 0.46 on a 3-year window (1 year: 0.48, 5 years: n/a), computed from weekly returns as of 2026-08-27.

Is VYGR a good diversifier for LXEO?

A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

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.

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LXEO vs VYGR: 3-year weekly correlation 0.46LXEO vs VYGR0.46

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Hubs: LXEO correlations · VYGR correlations