MYGN vs VCYT: Correlation
Measured on weekly returns over the past three years, Myriad Genetics, Inc. (MYGN) and Veracyte, Inc. (VCYT) 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 MYGN and VCYT?
Across a 3-year window, the weekly returns of MYGN and VCYT correlate at 0.44, moderate. Little has changed lately, as the 1-year reading of 0.43 lands near the 3-year figure. Stretching to 5 years gives 0.41, with an annualized covariance of 1901.3 %².
VCYT is one of the assets that tracks MYGN most closely: it ranks #3 out of the 11 assets we track against MYGN. Correlation aside, the last 12 months split them widely, with VCYT ahead by 104.6 points (-46.4% versus +58.2%). Risk is not evenly split, since MYGN carries 1.5 times the volatility of the other side.
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.
MYGN vs VCYT: side by side
| MYGN (Myriad Genetics, Inc.) | VCYT (Veracyte, Inc.) | |
|---|---|---|
| 1-year return | -46.4% | +58.2% |
| 5-year return | -91.1% | -7.1% |
| Volatility (ann.) | 80.5% | 53.3% |
| Beta vs S&P 500 | 1.49 | 1.37 |
| Max drawdown (3Y) | -90.0% | -50.1% |
| Market cap | $0.3B | $3.6B |
| P/E (trailing) | – | 31.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MYGN | VCYT |
|---|---|---|
| 2022 | -47.4% | -42.4% |
| 2023 | +31.9% | +15.9% |
| 2024 | -28.4% | +43.9% |
| 2025 | -55.1% | +6.3% |
| 2026 | -48.3% | +7.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MYGN and VCYT 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 MYGN and VCYT?
Using weekly returns as of 2026-08-27: 0.44 over 3 years, with 0.43 over the last year and 0.41 over 5 years.
Is VCYT a good diversifier for MYGN?
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?
A reading of 0.44 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/mygn-vs-vcyt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/mygn-vs-vcyt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MYGN correlations · VCYT correlations
