DNA vs EHTH: Correlation
Ginkgo Bioworks Holdings, Inc. (DNA) and eHealth, Inc. (EHTH) show a moderate relationship: their 3-year correlation of weekly returns is 0.39.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DNA and EHTH?
Over the past 3 years, DNA and EHTH moved with a correlation of 0.39, which is moderate. Little has changed lately, as the 1-year reading of 0.39 lands near the 3-year figure. Over 5 years the correlation is 0.29, and the annualized covariance of weekly returns is 2714.7 %².
By 3-year correlation, EHTH places #7 of the 13 assets tracked against DNA. The last year tells two different stories: DNA led by 29.5 percentage points, -41.2% for DNA against -70.7% for EHTH.
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.
DNA vs EHTH: side by side
| DNA (Ginkgo Bioworks Holdings, Inc.) | EHTH (eHealth, Inc.) | |
|---|---|---|
| 1-year return | -41.2% | -70.7% |
| 5-year return | -98.2% | -97.0% |
| Volatility (ann.) | 100.2% | 70.4% |
| Beta vs S&P 500 | 2.77 | 1.11 |
| Max drawdown (3Y) | -94.3% | -89.8% |
| Market cap | $0.5B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DNA | EHTH |
|---|---|---|
| 2022 | -79.7% | -81.0% |
| 2023 | +0.0% | +80.2% |
| 2024 | -85.5% | +7.8% |
| 2025 | -15.4% | -51.1% |
| 2026 | -12.6% | -75.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DNA and EHTH good diversifiers for each other?
Reasonably. At 0.39, DNA and EHTH keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between DNA and EHTH?
As of 2026-08-27, the correlation of weekly returns between DNA and EHTH is 0.39 over 3 years, 0.39 over 1 year and 0.29 over 5 years.
Is EHTH a good diversifier for DNA?
Reasonably. At 0.39, DNA and EHTH keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.39 mean?
A reading of 0.39 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/dna-vs-ehth.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dna-vs-ehth/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DNA correlations · EHTH correlations
