CRIS vs HYT: Correlation
Measured on weekly returns over the past three years, Curis, Inc. (CRIS) and Blackrock Corporate High Yield Fund, Inc. (HYT) carry a correlation of 0.43, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CRIS and HYT?
Over the past 3 years, CRIS and HYT moved with a correlation of 0.43, which is moderate. The relationship has been stable: the 1-year correlation (0.37) sits close to the 3-year figure. Over 5 years the correlation is 0.35, and the annualized covariance of weekly returns is 518.2 %².
Few assets follow CRIS as closely as HYT, which ranks #2 of 15 tracked partners. Correlation aside, the last 12 months split them widely, with HYT ahead by 93.8 points (-95.4% versus -1.6%). Note the risk asymmetry: CRIS runs 9.0 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.
CRIS vs HYT: side by side
| CRIS (Curis, Inc.) | HYT (Blackrock Corporate High Yield Fund, Inc.) | |
|---|---|---|
| 1-year return | -95.4% | -1.6% |
| 5-year return | -100.0% | +7.9% |
| Volatility (ann.) | 104.6% | 11.6% |
| Beta vs S&P 500 | 2.80 | 0.52 |
| Max drawdown (3Y) | -99.6% | -14.0% |
| Market cap | – | $1.4B |
| P/E (trailing) | 0.4 | 9.1 |
| Dividend yield | 0.00% | 11.29% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CRIS | HYT |
|---|---|---|
| 2022 | -88.4% | -22.6% |
| 2023 | +15.9% | +19.9% |
| 2024 | -76.0% | +14.4% |
| 2025 | -67.6% | +0.0% |
| 2026 | -92.4% | +0.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CRIS and HYT good diversifiers for each other?
A fair diversifier. At 0.43, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CRIS and HYT?
The CRIS/HYT correlation stands at 0.43 on a 3-year window (1 year: 0.37, 5 years: 0.35), computed from weekly returns as of 2026-08-27.
Is HYT a good diversifier for CRIS?
A fair diversifier. At 0.43, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.43 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/cris-vs-hyt.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/cris-vs-hyt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CRIS correlations · HYT correlations
