RKTO vs VIR: Correlation
Rocket One Inc. (RKTO) and Vir Biotechnology, Inc. (VIR) show a moderate relationship: their 3-year correlation of weekly returns is 0.47.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RKTO and VIR?
Across a 3-year window, the weekly returns of RKTO and VIR correlate at 0.47, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.15 versus 0.47 over 3 years. Stretching to 5 years gives 0.26, with an annualized covariance of 4308.0 %².
Among the 30 assets we track against RKTO, VIR ranks #6 by 3-year correlation. Correlation aside, the last 12 months split them widely, with VIR ahead by 156.6 points (-40.3% versus +116.3%). One caveat on sizing: RKTO is 2.0 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.
RKTO vs VIR: side by side
| RKTO (Rocket One Inc.) | VIR (Vir Biotechnology, Inc.) | |
|---|---|---|
| 1-year return | -40.3% | +116.3% |
| 5-year return | -97.7% | -77.3% |
| Volatility (ann.) | 135.8% | 67.1% |
| Beta vs S&P 500 | 0.30 | 0.85 |
| Max drawdown (3Y) | -81.1% | -67.4% |
| Market cap | – | $1.9B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RKTO | VIR |
|---|---|---|
| 2022 | -52.7% | -39.6% |
| 2023 | -81.5% | -60.3% |
| 2024 | -48.1% | -27.0% |
| 2025 | +32.4% | -17.8% |
| 2026 | -27.1% | +87.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RKTO and VIR good diversifiers for each other?
A fair diversifier. At 0.47, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between RKTO and VIR?
Using weekly returns as of 2026-08-27: 0.47 over 3 years, with 0.15 over the last year and 0.26 over 5 years.
Is VIR a good diversifier for RKTO?
A fair diversifier. At 0.47, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.47 mean?
A reading of 0.47 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/rkto-vs-vir.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/rkto-vs-vir/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: RKTO correlations · VIR correlations
