DNUT vs ECOR: Correlation
Krispy Kreme, Inc. (DNUT) and electroCore, Inc. (ECOR) show a moderate relationship: their 3-year correlation of weekly returns is 0.45.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DNUT and ECOR?
Over the past 3 years, DNUT and ECOR moved with a correlation of 0.45, which is moderate. Recent behaviour matches the longer record: 0.41 over 1 year against 0.45 over 3. Over 5 years the correlation is 0.30, and the annualized covariance of weekly returns is 2448.9 %².
In DNUT's tracked universe of 13 assets, ECOR sits right near the top at #3. Their recent paths diverged sharply: over the last 12 months ECOR outperformed by 80.0 percentage points (-5.0% for DNUT against +75.0% for ECOR).
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.
DNUT vs ECOR: side by side
| DNUT (Krispy Kreme, Inc.) | ECOR (electroCore, Inc.) | |
|---|---|---|
| 1-year return | -5.0% | +75.0% |
| 5-year return | -78.8% | -37.8% |
| Volatility (ann.) | 64.8% | 83.7% |
| Beta vs S&P 500 | 1.27 | 1.73 |
| Max drawdown (3Y) | -84.9% | -77.7% |
| Market cap | $0.6B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DNUT | ECOR |
|---|---|---|
| 2022 | -44.9% | -55.9% |
| 2023 | +47.7% | +54.4% |
| 2024 | -33.4% | +172.3% |
| 2025 | -59.0% | -72.3% |
| 2026 | -14.9% | +116.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DNUT and ECOR good diversifiers for each other?
Reasonably. At 0.45, DNUT and ECOR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between DNUT and ECOR?
As of 2026-08-27, the correlation of weekly returns between DNUT and ECOR is 0.45 over 3 years, 0.41 over 1 year and 0.30 over 5 years.
Is ECOR a good diversifier for DNUT?
Reasonably. At 0.45, DNUT and ECOR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.45 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/dnut-vs-ecor.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dnut-vs-ecor/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DNUT correlations · ECOR correlations
