AIZ vs HURA: Correlation
Assurant (AIZ) and TuHURA Biosciences, Inc. (HURA) show a negative relationship: their 3-year correlation of weekly returns is -0.20.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AIZ and HURA?
Across a 3-year window, the weekly returns of AIZ and HURA correlate at -0.20, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.42) runs below the 3-year figure (-0.20). Stretching to 5 years gives -0.07, with an annualized covariance of -649.8 %².
Among the 34 assets we track against AIZ, HURA sits near the bottom by co-movement, at rank #30. Their recent paths diverged sharply: over the last 12 months AIZ outperformed by 60.7 percentage points (+34.1% for AIZ against -26.6% for HURA). Note the risk asymmetry: HURA runs 7.1 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.
AIZ vs HURA: side by side
| AIZ (Assurant) | HURA (TuHURA Biosciences, Inc.) | |
|---|---|---|
| 1-year return | +34.1% | -26.6% |
| 5-year return | +83.5% | -99.9% |
| Volatility (ann.) | 21.5% | 152.6% |
| Beta vs S&P 500 | 0.60 | 0.27 |
| Max drawdown (3Y) | -20.8% | -99.7% |
| Market cap | $14.1B | $0.1B |
| P/E (trailing) | 13.8 | – |
| Dividend yield | 1.19% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | AIZ | HURA |
|---|---|---|
| 2022 | -18.3% | -73.0% |
| 2023 | +37.5% | -97.5% |
| 2024 | +28.5% | -31.3% |
| 2025 | +14.7% | -81.5% |
| 2026 | +19.4% | +181.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIZ and HURA good diversifiers for each other?
Yes: at -0.20, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between AIZ and HURA?
As of 2026-08-27, the correlation of weekly returns between AIZ and HURA is -0.20 over 3 years, -0.42 over 1 year and -0.07 over 5 years.
Is HURA a good diversifier for AIZ?
Yes: at -0.20, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.20 mean?
On the −1 to +1 scale, -0.20 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/aiz-vs-hura.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/aiz-vs-hura/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AIZ correlations · HURA correlations
