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QNST vs RGNX: Correlation

Measured on weekly returns over the past three years, QuinStreet, Inc. (QNST) and REGENXBIO Inc. (RGNX) carry a correlation of 0.53, a moderate link.

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

Correlation (3Y)
0.53
moderate
Correlation (1Y)
0.57
last 12 months
Correlation (5Y)
0.37
long-run
Ann. covariance
2132.4
%² · weekly, annualized

How correlated are QNST and RGNX?

On 3 years of weekly data the QNST/RGNX correlation comes out at 0.53, moderate. The relationship has been stable: the 1-year correlation (0.57) sits close to the 3-year figure. The 5-year figure is 0.37, and annualized covariance runs at 2132.4 %².

RGNX is one of the assets that tracks QNST most closely: it ranks #2 out of the 15 assets we track against QNST. The last year tells two different stories: QNST led by 15.2 percentage points, +21.4% for QNST against +6.2% for RGNX. Risk is not evenly split, since RGNX carries 1.8 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.

QNST vs RGNX: side by side

QNST (QuinStreet, Inc.)RGNX (REGENXBIO Inc.)
1-year return+21.4%+6.2%
5-year return+6.2%-70.5%
Volatility (ann.)47.9%84.1%
Beta vs S&P 5001.222.28
Max drawdown (3Y)-58.0%-78.4%
Market cap$1.1B$0.6B
P/E (trailing)14.1
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: QNST -58.0% vs -78.4%Higher 5y return: QNST +6.2% vs -70.5%
-41%0%+50%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. QNST · RGNX

Year-by-year returns

YearQNSTRGNX
2022-21.1%-30.6%
2023-10.7%-20.9%
2024+80.0%-56.9%
2025-37.7%+86.3%
2026+31.5%-34.9%

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

Are QNST and RGNX good diversifiers for each other?

Only partially. A correlation of 0.53 means QNST and RGNX share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.

FAQ

What is the correlation between QNST and RGNX?

The QNST/RGNX correlation stands at 0.53 on a 3-year window (1 year: 0.57, 5 years: 0.37), computed from weekly returns as of 2026-08-27.

Is RGNX a good diversifier for QNST?

Only partially. A correlation of 0.53 means QNST and RGNX share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.

What does a correlation of 0.53 mean?

A reading of 0.53 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.

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QNST vs RGNX: 3-year weekly correlation 0.53QNST vs RGNX0.53

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Related comparisons

Hubs: QNST correlations · RGNX correlations