MDRR vs VTVT: Correlation
Measured on weekly returns over the past three years, Medalist Diversified, Inc. (MDRR) and vTv Therapeutics Inc. (VTVT) carry a correlation of 0.26, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MDRR and VTVT?
On 3 years of weekly data the MDRR/VTVT correlation comes out at 0.26, weak. Recent behaviour matches the longer record: 0.32 over 1 year against 0.26 over 3. The 5-year figure is 0.20, and annualized covariance runs at 739.2 %².
Few assets follow MDRR as closely as VTVT, which ranks #3 of 36 tracked partners. The last year tells two different stories: VTVT led by 97.2 percentage points, +4.8% for MDRR against +102.0% for VTVT. One caveat on sizing: VTVT 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.
MDRR vs VTVT: side by side
| MDRR (Medalist Diversified, Inc.) | VTVT (vTv Therapeutics Inc.) | |
|---|---|---|
| 1-year return | +4.8% | +102.0% |
| 5-year return | -31.3% | -56.6% |
| Volatility (ann.) | 28.1% | 100.1% |
| Beta vs S&P 500 | -0.02 | 0.64 |
| Max drawdown (3Y) | -29.5% | -61.7% |
| Market cap | – | $0.1B |
| P/E (trailing) | 3.1 | – |
| Dividend yield | 2.21% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MDRR | VTVT |
|---|---|---|
| 2022 | -37.3% | -33.4% |
| 2023 | -4.0% | -56.6% |
| 2024 | +28.6% | +20.1% |
| 2025 | -5.5% | +189.6% |
| 2026 | -0.7% | -18.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MDRR and VTVT good diversifiers for each other?
Reasonably. At 0.26, MDRR and VTVT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between MDRR and VTVT?
The MDRR/VTVT correlation stands at 0.26 on a 3-year window (1 year: 0.32, 5 years: 0.20), computed from weekly returns as of 2026-08-27.
Is VTVT a good diversifier for MDRR?
Reasonably. At 0.26, MDRR and VTVT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.26 mean?
A reading of 0.26 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/mdrr-vs-vtvt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/mdrr-vs-vtvt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: MDRR correlations · VTVT correlations
