VANI vs VTVT: Correlation
How closely do Vivani Medical, Inc. (VANI) and vTv Therapeutics Inc. (VTVT) trade together? Their weekly returns over three years give a correlation of 0.54, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are VANI and VTVT?
On 3 years of weekly data the VANI/VTVT correlation comes out at 0.54, moderate. The past 12 months show a weaker link (-0.02) than the 3-year average (0.54). The 5-year figure is 0.48, and annualized covariance runs at 6730.0 %².
By 3-year correlation, VTVT places #8 of the 25 assets tracked against VANI. Their recent paths diverged sharply: over the last 12 months VTVT outperformed by 87.2 percentage points (+14.8% for VANI against +102.0% for VTVT).
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.
VANI vs VTVT: side by side
| VANI (Vivani Medical, Inc.) | VTVT (vTv Therapeutics Inc.) | |
|---|---|---|
| 1-year return | +14.8% | +102.0% |
| 5-year return | -87.4% | -56.6% |
| Volatility (ann.) | 123.8% | 100.1% |
| Beta vs S&P 500 | 1.29 | 0.64 |
| Max drawdown (3Y) | -77.8% | -61.7% |
| Market cap | $0.1B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | VANI | VTVT |
|---|---|---|
| 2022 | -82.6% | -33.4% |
| 2023 | +20.0% | -56.6% |
| 2024 | +13.7% | +20.1% |
| 2025 | +6.0% | +189.6% |
| 2026 | +13.8% | -18.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are VANI and VTVT good diversifiers for each other?
Only partially. A correlation of 0.54 means VANI and VTVT share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between VANI and VTVT?
Using weekly returns as of 2026-08-27: 0.54 over 3 years, with -0.02 over the last year and 0.48 over 5 years.
Is VTVT a good diversifier for VANI?
Only partially. A correlation of 0.54 means VANI and VTVT share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.54 mean?
On the −1 to +1 scale, 0.54 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/vani-vs-vtvt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/vani-vs-vtvt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: VANI correlations · VTVT correlations
