NTRA vs VCYT: Correlation
Measured on weekly returns over the past three years, Natera, Inc. (NTRA) and Veracyte, Inc. (VCYT) carry a correlation of 0.54, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NTRA and VCYT?
On 3 years of weekly data the NTRA/VCYT correlation comes out at 0.54, moderate. The past 12 months show a weaker link (0.41) than the 3-year average (0.54). The 5-year figure is 0.54, and annualized covariance runs at 1290.8 %².
Few assets follow NTRA as closely as VCYT, which ranks #3 of 12 tracked partners. Their recent paths diverged sharply: over the last 12 months NTRA outperformed by 49.5 percentage points (+107.7% for NTRA against +58.2% for VCYT).
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.
NTRA vs VCYT: side by side
| NTRA (Natera, Inc.) | VCYT (Veracyte, Inc.) | |
|---|---|---|
| 1-year return | +107.7% | +58.2% |
| 5-year return | +182.7% | -7.1% |
| Volatility (ann.) | 45.2% | 53.3% |
| Beta vs S&P 500 | 1.27 | 1.37 |
| Max drawdown (3Y) | -39.9% | -50.1% |
| Market cap | $48.8B | $3.6B |
| P/E (trailing) | – | 31.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | NTRA | VCYT |
|---|---|---|
| 2022 | -57.0% | -42.4% |
| 2023 | +55.9% | +15.9% |
| 2024 | +152.7% | +43.9% |
| 2025 | +44.7% | +6.3% |
| 2026 | +47.8% | +7.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NTRA and VCYT good diversifiers for each other?
Somewhat, no more. With 0.54 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between NTRA and VCYT?
The NTRA/VCYT correlation stands at 0.54 on a 3-year window (1 year: 0.41, 5 years: 0.54), computed from weekly returns as of 2026-08-27.
Is VCYT a good diversifier for NTRA?
Somewhat, no more. With 0.54 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.54 mean?
On the −1 to +1 scale, 0.54 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
$ curl https://www.pairbook.io/api/v1/pairs/ntra-vs-vcyt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ntra-vs-vcyt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: NTRA correlations · VCYT correlations
