NBTX vs VOXR: Correlation
Measured on weekly returns over the past three years, Nanobiotix S.A. (NBTX) and Vox Royalty Corp. (VOXR) carry a correlation of 0.35, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NBTX and VOXR?
On 3 years of weekly data the NBTX/VOXR correlation comes out at 0.35, moderate. The link has tightened recently: the 1-year correlation (0.50) runs above the 3-year figure (0.35). The 5-year figure is 0.14, and annualized covariance runs at 1094.3 %².
VOXR is one of the assets that tracks NBTX most closely: it ranks #1 out of the 10 assets we track against NBTX. Their recent paths diverged sharply: over the last 12 months NBTX outperformed by 341.2 percentage points (+402.3% for NBTX against +61.1% for VOXR). Note the risk asymmetry: NBTX runs 1.6 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.
NBTX vs VOXR: side by side
| NBTX (Nanobiotix S.A.) | VOXR (Vox Royalty Corp.) | |
|---|---|---|
| 1-year return | +402.3% | +61.1% |
| 5-year return | +223.5% | +197.9% |
| Volatility (ann.) | 72.0% | 43.7% |
| Beta vs S&P 500 | 0.72 | 0.63 |
| Max drawdown (3Y) | -73.2% | -35.2% |
| Market cap | $2.3B | $0.4B |
| P/E (trailing) | – | 8.3 |
| Dividend yield | 0.00% | 0.96% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | NBTX | VOXR |
|---|---|---|
| 2022 | -54.7% | -14.8% |
| 2023 | +98.4% | -9.9% |
| 2024 | -60.6% | +15.8% |
| 2025 | +705.6% | +105.5% |
| 2026 | +95.3% | +22.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NBTX and VOXR good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.35 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between NBTX and VOXR?
Using weekly returns as of 2026-08-27: 0.35 over 3 years, with 0.50 over the last year and 0.14 over 5 years.
Is VOXR a good diversifier for NBTX?
Yes, to a useful degree: a correlation of 0.35 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.35 mean?
A reading of 0.35 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/nbtx-vs-voxr.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/nbtx-vs-voxr/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: NBTX correlations · VOXR correlations
