TLSI vs VRCA: Correlation
How closely do TriSalus Life Sciences, Inc. (TLSI) and Verrica Pharmaceuticals Inc. (VRCA) trade together? Their weekly returns over three years give a correlation of 0.42, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TLSI and VRCA?
On 3 years of weekly data the TLSI/VRCA correlation comes out at 0.42, moderate. The link has tightened recently: the 1-year correlation (0.52) runs above the 3-year figure (0.42). The 5-year figure is 0.35, and annualized covariance runs at 4487.0 %².
By 3-year correlation, VRCA places #7 of the 17 assets tracked against TLSI. On 12-month performance TLSI holds a 7.1-point edge, -3.3% against -10.4%.
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.
TLSI vs VRCA: side by side
| TLSI (TriSalus Life Sciences, Inc.) | VRCA (Verrica Pharmaceuticals Inc.) | |
|---|---|---|
| 1-year return | -3.3% | -10.4% |
| 5-year return | -49.6% | -95.4% |
| Volatility (ann.) | 89.7% | 119.4% |
| Beta vs S&P 500 | 1.13 | 1.72 |
| Max drawdown (3Y) | -75.4% | -96.6% |
| Market cap | $0.3B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | TLSI | VRCA |
|---|---|---|
| 2022 | +1.5% | -70.0% |
| 2023 | -15.8% | +166.2% |
| 2024 | -40.7% | -90.4% |
| 2025 | +39.3% | +18.7% |
| 2026 | -29.4% | -39.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TLSI and VRCA good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.42 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between TLSI and VRCA?
As of 2026-08-27, the correlation of weekly returns between TLSI and VRCA is 0.42 over 3 years, 0.52 over 1 year and 0.35 over 5 years.
Is VRCA a good diversifier for TLSI?
Yes, to a useful degree: a correlation of 0.42 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.42 mean?
A reading of 0.42 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/tlsi-vs-vrca.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/tlsi-vs-vrca/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: TLSI correlations · VRCA correlations
