RLMD vs VIP: Correlation
Measured on weekly returns over the past three years, Relmada Therapeutics, Inc. (RLMD) and Vulcan Infrastructure and Power Inc. (VIP) carry a correlation of 0.38, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RLMD and VIP?
Across a 3-year window, the weekly returns of RLMD and VIP correlate at 0.38, moderate. Lately the two have drifted apart, with the 1-year correlation at -0.16 versus 0.38 over 3 years. Stretching to 5 years gives 0.32, with an annualized covariance of 5671.3 %².
By 3-year correlation, VIP places #4 of the 11 assets tracked against RLMD. Correlation aside, the last 12 months split them widely, with RLMD ahead by 538.0 points (+574.6% versus +36.6%).
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.
RLMD vs VIP: side by side
| RLMD (Relmada Therapeutics, Inc.) | VIP (Vulcan Infrastructure and Power Inc.) | |
|---|---|---|
| 1-year return | +574.6% | +36.6% |
| 5-year return | -81.0% | -99.9% |
| Volatility (ann.) | 134.2% | 110.7% |
| Beta vs S&P 500 | 1.62 | 1.74 |
| Max drawdown (3Y) | -96.3% | -92.8% |
| Market cap | $0.5B | – |
| P/E (trailing) | – | 14.9 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RLMD | VIP |
|---|---|---|
| 2022 | -84.5% | -98.2% |
| 2023 | +18.6% | +131.4% |
| 2024 | -87.4% | -76.9% |
| 2025 | +828.8% | -4.5% |
| 2026 | -6.4% | +20.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RLMD and VIP good diversifiers for each other?
A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between RLMD and VIP?
The RLMD/VIP correlation stands at 0.38 on a 3-year window (1 year: -0.16, 5 years: 0.32), computed from weekly returns as of 2026-08-27.
Is VIP a good diversifier for RLMD?
A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.38 mean?
On the −1 to +1 scale, 0.38 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.
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Related comparisons
Hubs: RLMD correlations · VIP correlations
