VTVT vs XEL: Correlation
How closely do vTv Therapeutics Inc. (VTVT) and Xcel Energy (XEL) trade together? Their weekly returns over three years give a correlation of -0.26, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are VTVT and XEL?
Across a 3-year window, the weekly returns of VTVT and XEL correlate at -0.26, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.08) runs above the 3-year figure (-0.26). Stretching to 5 years gives -0.15, with an annualized covariance of -536.5 %².
Among the 13 assets we track against VTVT, XEL sits near the bottom by co-movement, at rank #13. Correlation aside, the last 12 months split them widely, with VTVT ahead by 92.8 points (+102.0% versus +9.2%). Note the risk asymmetry: VTVT runs 4.8 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.
VTVT vs XEL: side by side
| VTVT (vTv Therapeutics Inc.) | XEL (Xcel Energy) | |
|---|---|---|
| 1-year return | +102.0% | +9.2% |
| 5-year return | -56.6% | +31.1% |
| Volatility (ann.) | 100.1% | 20.7% |
| Beta vs S&P 500 | 0.64 | 0.09 |
| Max drawdown (3Y) | -61.7% | -24.0% |
| Market cap | $0.1B | $48.2B |
| P/E (trailing) | – | 21.3 |
| Dividend yield | 0.00% | 2.99% |
| Sector / category | US Listed | Utilities |
Year-by-year returns
| Year | VTVT | XEL |
|---|---|---|
| 2022 | -33.4% | +6.4% |
| 2023 | -56.6% | -8.7% |
| 2024 | +20.1% | +12.3% |
| 2025 | +189.6% | +13.9% |
| 2026 | -18.0% | +6.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are VTVT and XEL good diversifiers for each other?
By historical standards, yes. A correlation of -0.26 means the two rarely move for the same reasons.
FAQ
What is the correlation between VTVT and XEL?
Using weekly returns as of 2026-08-27: -0.26 over 3 years, with -0.08 over the last year and -0.15 over 5 years.
Is XEL a good diversifier for VTVT?
By historical standards, yes. A correlation of -0.26 means the two rarely move for the same reasons.
What does a correlation of -0.26 mean?
A reading of -0.26 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: VTVT correlations · XEL correlations
