CRIS vs IDE: Correlation
Curis, Inc. (CRIS) and Voya Infrastructure, Industrials and Materials Fund (IDE) show a moderate relationship: their 3-year correlation of weekly returns is 0.42.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CRIS and IDE?
Across a 3-year window, the weekly returns of CRIS and IDE correlate at 0.42, moderate. Little has changed lately, as the 1-year reading of 0.36 lands near the 3-year figure. Stretching to 5 years gives 0.38, with an annualized covariance of 724.7 %².
Within CRIS's tracked universe of 15 assets, IDE comes in at #4 by 3-year correlation. Correlation aside, the last 12 months split them widely, with IDE ahead by 112.4 points (-95.4% versus +17.0%). One caveat on sizing: CRIS is 6.4 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 IDE: side by side
| CRIS (Curis, Inc.) | IDE (Voya Infrastructure, Industrials and Materials Fund) | |
|---|---|---|
| 1-year return | -95.4% | +17.0% |
| 5-year return | -100.0% | +66.9% |
| Volatility (ann.) | 104.6% | 16.3% |
| Beta vs S&P 500 | 2.80 | 0.73 |
| Max drawdown (3Y) | -99.6% | -18.3% |
| Market cap | – | $0.2B |
| P/E (trailing) | 0.4 | 3.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CRIS | IDE |
|---|---|---|
| 2022 | -88.4% | -16.5% |
| 2023 | +15.9% | +22.0% |
| 2024 | -76.0% | +10.9% |
| 2025 | -67.6% | +34.6% |
| 2026 | -92.4% | +13.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CRIS and IDE good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.42 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CRIS and IDE?
Using weekly returns as of 2026-08-27: 0.42 over 3 years, with 0.36 over the last year and 0.38 over 5 years.
Is IDE a good diversifier for CRIS?
Yes, to a useful degree: a correlation of 0.42 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.42 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.
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Related comparisons
Hubs: CRIS correlations · IDE correlations
