VYGR vs XENE: Correlation
Voyager Therapeutics, Inc. (VYGR) and Xenon Pharmaceuticals Inc. (XENE) show a moderate relationship: their 3-year correlation of weekly returns is 0.53.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are VYGR and XENE?
Over the past 3 years, VYGR and XENE moved with a correlation of 0.53, which is moderate. The link has loosened recently: the 1-year correlation (0.32) runs below the 3-year figure (0.53). Over 5 years the correlation is 0.61, and the annualized covariance of weekly returns is 1397.6 %².
Few assets follow VYGR as closely as XENE, which ranks #3 of 27 tracked partners. The last year tells two different stories: XENE led by 58.1 percentage points, +1.2% for VYGR against +59.3% for XENE.
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.
VYGR vs XENE: side by side
| VYGR (Voyager Therapeutics, Inc.) | XENE (Xenon Pharmaceuticals Inc.) | |
|---|---|---|
| 1-year return | +1.2% | +59.3% |
| 5-year return | +7.5% | +266.2% |
| Volatility (ann.) | 60.2% | 44.0% |
| Beta vs S&P 500 | 1.35 | 0.83 |
| Max drawdown (3Y) | -74.8% | -43.6% |
| Market cap | $0.2B | $6.0B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | VYGR | XENE |
|---|---|---|
| 2022 | +125.1% | +26.2% |
| 2023 | +38.4% | +16.8% |
| 2024 | -32.8% | -14.9% |
| 2025 | -30.7% | +14.3% |
| 2026 | -12.0% | +38.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are VYGR and XENE good diversifiers for each other?
To a limited degree. At 0.53 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between VYGR and XENE?
The VYGR/XENE correlation stands at 0.53 on a 3-year window (1 year: 0.32, 5 years: 0.61), computed from weekly returns as of 2026-08-27.
Is XENE a good diversifier for VYGR?
To a limited degree. At 0.53 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.53 mean?
On the −1 to +1 scale, 0.53 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/vygr-vs-xene.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/vygr-vs-xene/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: VYGR correlations · XENE correlations
