QTTB vs VRSN: Correlation
Measured on weekly returns over the past three years, Q32 Bio Inc. (QTTB) and Verisign (VRSN) carry a correlation of -0.20, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QTTB and VRSN?
Across a 3-year window, the weekly returns of QTTB and VRSN correlate at -0.20, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.28 over 1 year against -0.20 over 3. Stretching to 5 years gives -0.05, with an annualized covariance of -609.5 %².
Within QTTB's tracked universe of 17 assets, VRSN comes in at #9 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months QTTB outperformed by 829.4 percentage points (+839.0% for QTTB against +9.6% for VRSN). One caveat on sizing: QTTB is 5.8 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
QTTB vs VRSN: side by side
| QTTB (Q32 Bio Inc.) | VRSN (Verisign) | |
|---|---|---|
| 1-year return | +839.0% | +9.6% |
| 5-year return | -87.4% | +38.8% |
| Volatility (ann.) | 134.9% | 23.1% |
| Beta vs S&P 500 | 0.12 | 0.50 |
| Max drawdown (3Y) | -97.3% | -30.2% |
| Market cap | $0.5B | $26.6B |
| P/E (trailing) | 5.2 | 31.9 |
| Dividend yield | 0.00% | 1.08% |
| Sector / category | US Listed | Information Technology |
Year-by-year returns
| Year | QTTB | VRSN |
|---|---|---|
| 2022 | -65.4% | -19.1% |
| 2023 | -51.7% | +0.3% |
| 2024 | -68.6% | +0.5% |
| 2025 | -3.5% | +18.4% |
| 2026 | +386.4% | +22.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QTTB and VRSN good diversifiers for each other?
Yes. With a correlation of -0.20, QTTB and VRSN have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between QTTB and VRSN?
As of 2026-08-27, the correlation of weekly returns between QTTB and VRSN is -0.20 over 3 years, -0.28 over 1 year and -0.05 over 5 years.
Is VRSN a good diversifier for QTTB?
Yes. With a correlation of -0.20, QTTB and VRSN have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.20 mean?
On the −1 to +1 scale, -0.20 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/qttb-vs-vrsn.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/qttb-vs-vrsn/)
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Related comparisons
Hubs: QTTB correlations · VRSN correlations
