MCRB vs VYGR: Correlation
Measured on weekly returns over the past three years, Seres Therapeutics, Inc. (MCRB) and Voyager Therapeutics, Inc. (VYGR) carry a correlation of 0.44, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MCRB and VYGR?
On 3 years of weekly data the MCRB/VYGR correlation comes out at 0.44, moderate. Little has changed lately, as the 1-year reading of 0.36 lands near the 3-year figure. The 5-year figure is 0.22, and annualized covariance runs at 2744.3 %².
VYGR is one of the assets that tracks MCRB most closely: it ranks #1 out of the 11 assets we track against MCRB. Their recent paths diverged sharply: over the last 12 months VYGR outperformed by 75.0 percentage points (-73.8% for MCRB against +1.2% for VYGR). Note the risk asymmetry: MCRB 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.
MCRB vs VYGR: side by side
| MCRB (Seres Therapeutics, Inc.) | VYGR (Voyager Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | -73.8% | +1.2% |
| 5-year return | -96.0% | +7.5% |
| Volatility (ann.) | 103.2% | 60.2% |
| Beta vs S&P 500 | 1.38 | 1.35 |
| Max drawdown (3Y) | -94.0% | -74.8% |
| Market cap | – | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MCRB | VYGR |
|---|---|---|
| 2022 | -32.8% | +125.1% |
| 2023 | -75.0% | +38.4% |
| 2024 | -40.6% | -32.8% |
| 2025 | -10.5% | -30.7% |
| 2026 | -66.7% | -12.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MCRB and VYGR good diversifiers for each other?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between MCRB and VYGR?
As of 2026-08-27, the correlation of weekly returns between MCRB and VYGR is 0.44 over 3 years, 0.36 over 1 year and 0.22 over 5 years.
Is VYGR a good diversifier for MCRB?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.44 mean?
On the −1 to +1 scale, 0.44 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.
Use this data
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Related comparisons
Hubs: MCRB correlations · VYGR correlations
