SNGX vs VRSN: Correlation
Soligenix, Inc. (SNGX) and Verisign (VRSN) show a negative relationship: their 3-year correlation of weekly returns is -0.18.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SNGX and VRSN?
On 3 years of weekly data the SNGX/VRSN correlation comes out at -0.18, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.29 versus -0.18 over 3 years. The 5-year figure is -0.08, and annualized covariance runs at -842.2 %².
VRSN is close to the least connected end of SNGX's tracked universe, ranking #11 of 14. Correlation aside, the last 12 months split them widely, with VRSN ahead by 96.9 points (-87.3% versus +9.6%). One caveat on sizing: SNGX is 8.9 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.
SNGX vs VRSN: side by side
| SNGX (Soligenix, Inc.) | VRSN (Verisign) | |
|---|---|---|
| 1-year return | -87.3% | +9.6% |
| 5-year return | -99.8% | +38.8% |
| Volatility (ann.) | 205.9% | 23.1% |
| Beta vs S&P 500 | 0.50 | 0.50 |
| Max drawdown (3Y) | -98.2% | -30.2% |
| Market cap | – | $26.6B |
| P/E (trailing) | – | 31.9 |
| Dividend yield | 0.00% | 1.08% |
| Sector / category | US Listed | Information Technology |
Year-by-year returns
| Year | SNGX | VRSN |
|---|---|---|
| 2022 | -31.8% | -19.1% |
| 2023 | -88.7% | +0.3% |
| 2024 | -77.8% | +0.5% |
| 2025 | -50.4% | +18.4% |
| 2026 | -71.6% | +22.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SNGX and VRSN good diversifiers for each other?
Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between SNGX and VRSN?
As of 2026-08-27, the correlation of weekly returns between SNGX and VRSN is -0.18 over 3 years, -0.29 over 1 year and -0.08 over 5 years.
Is VRSN a good diversifier for SNGX?
Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.18 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/sngx-vs-vrsn.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/sngx-vs-vrsn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: SNGX correlations · VRSN correlations
