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
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 return | n/a | +7.5% |
| Volatility (ann.) | 103.0% | 60.2% |
| Beta vs S&P 500 | 2.10 | 1.35 |
| Max drawdown (3Y) | -90.5% | -74.8% |
| Market cap | $0.4B | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LXEO | VYGR |
|---|---|---|
| 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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Hubs: LXEO correlations · VYGR correlations