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NIXX vs VKTX: Correlation

Nixxy, Inc. (NIXX) and Viking Therapeutics, Inc. (VKTX) show a moderate relationship: their 3-year correlation of weekly returns is 0.33.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.33
moderate
Correlation (1Y)
0.20
last 12 months
Correlation (5Y)
0.21
long-run
Ann. covariance
4270.1
%² · weekly, annualized

How correlated are NIXX and VKTX?

Across a 3-year window, the weekly returns of NIXX and VKTX correlate at 0.33, moderate. The link has loosened recently: the 1-year correlation (0.20) runs below the 3-year figure (0.33). Stretching to 5 years gives 0.21, with an annualized covariance of 4270.1 %².

In NIXX's tracked universe of 10 assets, VKTX sits right near the top at #3. Correlation aside, the last 12 months split them widely, with VKTX ahead by 86.4 points (-59.2% versus +27.2%).

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.

NIXX vs VKTX: side by side

NIXX (Nixxy, Inc.)VKTX (Viking Therapeutics, Inc.)
1-year return-59.2%+27.2%
5-year return-98.9%+417.7%
Volatility (ann.)123.9%105.3%
Beta vs S&P 5000.151.66
Max drawdown (3Y)-91.9%-78.9%
Market cap$3.9B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: VKTX -78.9% vs -91.9%Higher 5y return: VKTX +417.7% vs -98.9%
-67%0%+45%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. NIXX · VKTX

Year-by-year returns

YearNIXXVKTX
2022-84.0%+104.3%
2023-75.8%+98.0%
2024+246.1%+116.2%
2025-81.7%-12.6%
2026-32.4%-3.8%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are NIXX and VKTX good diversifiers for each other?

Reasonably. At 0.33, NIXX and VKTX keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between NIXX and VKTX?

Using weekly returns as of 2026-08-27: 0.33 over 3 years, with 0.20 over the last year and 0.21 over 5 years.

Is VKTX a good diversifier for NIXX?

Reasonably. At 0.33, NIXX and VKTX keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.33 mean?

On the −1 to +1 scale, 0.33 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/nixx-vs-vktx.json

NIXX vs VKTX: 3-year weekly correlation 0.33NIXX vs VKTX0.33

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Hubs: NIXX correlations · VKTX correlations