SRPT vs TRON: Correlation
How closely do Sarepta Therapeutics, Inc. (SRPT) and Tron Inc. (TRON) trade together? Their weekly returns over three years give a correlation of -0.32, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SRPT and TRON?
On 3 years of weekly data the SRPT/TRON correlation comes out at -0.32, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.24) runs above the 3-year figure (-0.32). The 5-year figure is n/a, and annualized covariance runs at -9750.9 %².
TRON is close to the least connected end of SRPT's tracked universe, ranking #12 of 13. Their recent paths diverged sharply: over the last 12 months SRPT outperformed by 76.3 percentage points (+19.5% for SRPT against -56.8% for TRON). Note the risk asymmetry: TRON runs 5.4 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
SRPT vs TRON: side by side
| SRPT (Sarepta Therapeutics, Inc.) | TRON (Tron Inc.) | |
|---|---|---|
| 1-year return | +19.5% | -56.8% |
| 5-year return | -71.5% | n/a |
| Volatility (ann.) | 75.7% | 408.5% |
| Beta vs S&P 500 | 1.09 | 0.10 |
| Max drawdown (3Y) | -92.7% | -91.5% |
| Market cap | $2.3B | $1.0B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SRPT | TRON |
|---|---|---|
| 2022 | +43.9% | – |
| 2023 | -25.6% | – |
| 2024 | +26.1% | -59.4% |
| 2025 | -82.3% | +97.1% |
| 2026 | +0.3% | +72.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SRPT and TRON good diversifiers for each other?
Yes: at -0.32, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between SRPT and TRON?
As of 2026-08-27, the correlation of weekly returns between SRPT and TRON is -0.32 over 3 years, 0.24 over 1 year and n/a over 5 years.
Is TRON a good diversifier for SRPT?
Yes: at -0.32, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.32 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/srpt-vs-tron.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/srpt-vs-tron/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: SRPT correlations · TRON correlations
