QTRX vs SRZN: Correlation
Quanterix Corporation (QTRX) and Surrozen, Inc. (SRZN) show a moderate relationship: their 3-year correlation of weekly returns is 0.32.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QTRX and SRZN?
Over the past 3 years, QTRX and SRZN moved with a correlation of 0.32, which is moderate. Little has changed lately, as the 1-year reading of 0.25 lands near the 3-year figure. Over 5 years the correlation is 0.15, and the annualized covariance of weekly returns is 1984.1 %².
Within QTRX's tracked universe of 12 assets, SRZN comes in at #7 by 3-year correlation. The last year tells two different stories: SRZN led by 153.3 percentage points, -42.7% for QTRX against +110.6% for SRZN.
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.
QTRX vs SRZN: side by side
| QTRX (Quanterix Corporation) | SRZN (Surrozen, Inc.) | |
|---|---|---|
| 1-year return | -42.7% | +110.6% |
| 5-year return | -94.7% | -80.6% |
| Volatility (ann.) | 73.1% | 85.6% |
| Beta vs S&P 500 | 1.18 | 0.14 |
| Max drawdown (3Y) | -91.6% | -61.8% |
| Market cap | $0.1B | $0.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | QTRX | SRZN |
|---|---|---|
| 2022 | -67.3% | -91.0% |
| 2023 | +97.4% | +7.7% |
| 2024 | -61.1% | +52.7% |
| 2025 | -40.2% | +57.5% |
| 2026 | -58.5% | +6.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QTRX and SRZN good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.32 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between QTRX and SRZN?
Using weekly returns as of 2026-08-27: 0.32 over 3 years, with 0.25 over the last year and 0.15 over 5 years.
Is SRZN a good diversifier for QTRX?
Yes, to a useful degree: a correlation of 0.32 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.32 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/qtrx-vs-srzn.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/qtrx-vs-srzn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: QTRX correlations · SRZN correlations
