Both in Pharmaceuticals

Ultragenyx Pharmaceutical vs Innoviva

Over the past year RARE returned −53.0% and INVA returned +25.8%; their daily moves had a correlation of 0.09.

RARE −53.0% INVA +25.8%Growth of $1, one year, split-adjusted
MetricRAREINVA
Price$14.90$20.97
Market cap$1.47B$1.51B
Today−0.13%+1.11%
1 month+14.0%+0.6%
6 months−40.8%−12.3%
Year to date−35.2%+4.9%
1 year−53.5%+23.8%
Revenue growth (YoY)+28.1%+19.3%
Gross margin84.1%81.3%
Net margin−43.0%−69.8%
P/E (TTM)—4.2×
Price / sales2.0×3.4×
Net cash$292.0M$319.0M
Dividend yield——
Volatility (60d)127.6%22.7%
Short % of float21.8%9.9%
Next earnings——

Shading marks the stronger figure where one clearly exists (lower is better for valuation and volatility).