RLYB vs VKTX: Correlation
How closely do Rallybio Corporation (RLYB) and Viking Therapeutics, Inc. (VKTX) trade together? Their weekly returns over three years give a correlation of 0.34, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RLYB and VKTX?
On 3 years of weekly data the RLYB/VKTX correlation comes out at 0.34, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.05 versus 0.34 over 3 years. The 5-year figure is 0.28, and annualized covariance runs at 3554.5 %².
By 3-year correlation, VKTX places #4 of the 11 assets tracked against RLYB. Correlation aside, the last 12 months split them widely, with RLYB ahead by 227.9 points (+255.1% versus +27.2%).
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.
RLYB vs VKTX: side by side
| RLYB (Rallybio Corporation) | VKTX (Viking Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | +255.1% | +27.2% |
| 5-year return | -83.7% | +417.7% |
| Volatility (ann.) | 99.0% | 105.3% |
| Beta vs S&P 500 | 0.78 | 1.66 |
| Max drawdown (3Y) | -95.5% | -78.9% |
| Market cap | $0.1B | $3.9B |
| P/E (trailing) | 2.1 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RLYB | VKTX |
|---|---|---|
| 2022 | -31.1% | +104.3% |
| 2023 | -63.6% | +98.0% |
| 2024 | -59.8% | +116.2% |
| 2025 | -28.5% | -12.6% |
| 2026 | +205.4% | -3.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RLYB and VKTX good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.34 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between RLYB and VKTX?
The RLYB/VKTX correlation stands at 0.34 on a 3-year window (1 year: 0.05, 5 years: 0.28), computed from weekly returns as of 2026-08-27.
Is VKTX a good diversifier for RLYB?
Yes, to a useful degree: a correlation of 0.34 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.34 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.
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Hubs: RLYB correlations · VKTX correlations
