AURA vs IMRX: Correlation
Measured on weekly returns over the past three years, Aura Biosciences, Inc. (AURA) and Immuneering Corporation (IMRX) carry a correlation of 0.36, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AURA and IMRX?
On 3 years of weekly data the AURA/IMRX correlation comes out at 0.36, moderate. The link has loosened recently: the 1-year correlation (0.19) runs below the 3-year figure (0.36). The 5-year figure is 0.30, and annualized covariance runs at 2964.8 %².
Out of 18 assets tracked against AURA, IMRX lands near the bottom at #14. Correlation aside, the last 12 months split them widely, with AURA ahead by 19.2 points (+19.6% versus +0.4%). Risk is not evenly split, since IMRX carries 1.6 times the volatility of the other side.
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.
AURA vs IMRX: side by side
| AURA (Aura Biosciences, Inc.) | IMRX (Immuneering Corporation) | |
|---|---|---|
| 1-year return | +19.6% | +0.4% |
| 5-year return | -48.0% | -80.2% |
| Volatility (ann.) | 70.5% | 116.1% |
| Beta vs S&P 500 | 2.01 | 2.14 |
| Max drawdown (3Y) | -59.1% | -88.7% |
| Market cap | $0.8B | $0.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AURA | IMRX |
|---|---|---|
| 2022 | -38.2% | -70.0% |
| 2023 | -15.6% | +51.5% |
| 2024 | -7.2% | -70.1% |
| 2025 | -33.7% | +199.1% |
| 2026 | +41.3% | -20.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AURA and IMRX good diversifiers for each other?
Reasonably. At 0.36, AURA and IMRX keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between AURA and IMRX?
Using weekly returns as of 2026-08-27: 0.36 over 3 years, with 0.19 over the last year and 0.30 over 5 years.
Is IMRX a good diversifier for AURA?
Reasonably. At 0.36, AURA and IMRX keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.36 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/aura-vs-imrx.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/aura-vs-imrx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AURA correlations · IMRX correlations
