VNCE vs WHWK: Correlation
How closely do Vince Holding Corp. (VNCE) and Whitehawk Therapeutics, Inc. (WHWK) trade together? Their weekly returns over three years give a correlation of 0.36, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are VNCE and WHWK?
Across a 3-year window, the weekly returns of VNCE and WHWK correlate at 0.36, moderate. The link has loosened recently: the 1-year correlation (0.25) runs below the 3-year figure (0.36). Stretching to 5 years gives 0.30, with an annualized covariance of 4142.1 %².
By 3-year correlation, WHWK places #6 of the 15 assets tracked against VNCE. Correlation aside, the last 12 months split them widely, with VNCE ahead by 280.9 points (+450.0% versus +169.1%). One caveat on sizing: VNCE is 2.4 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.
VNCE vs WHWK: side by side
| VNCE (Vince Holding Corp.) | WHWK (Whitehawk Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | +450.0% | +169.1% |
| 5-year return | +11.6% | -80.9% |
| Volatility (ann.) | 166.2% | 69.1% |
| Beta vs S&P 500 | 1.03 | 1.03 |
| Max drawdown (3Y) | -74.8% | -80.6% |
| Market cap | $0.1B | $0.3B |
| P/E (trailing) | 11.2 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | VNCE | WHWK |
|---|---|---|
| 2022 | -1.8% | -46.9% |
| 2023 | -55.8% | -84.3% |
| 2024 | +5.2% | +56.2% |
| 2025 | +12.1% | -23.3% |
| 2026 | +91.4% | +101.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are VNCE and WHWK good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.36 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between VNCE and WHWK?
As of 2026-08-27, the correlation of weekly returns between VNCE and WHWK is 0.36 over 3 years, 0.25 over 1 year and 0.30 over 5 years.
Is WHWK a good diversifier for VNCE?
Yes, to a useful degree: a correlation of 0.36 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.36 mean?
A reading of 0.36 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: VNCE correlations · WHWK correlations
