DRIO vs FUSB: Correlation
How closely do DarioHealth Corp. (DRIO) and First US Bancshares, Inc. (FUSB) trade together? Their weekly returns over three years give a correlation of -0.22, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DRIO and FUSB?
Across a 3-year window, the weekly returns of DRIO and FUSB correlate at -0.22, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.41) runs below the 3-year figure (-0.22). Stretching to 5 years gives -0.20, with an annualized covariance of -601.4 %².
FUSB is close to the least connected end of DRIO's tracked universe, ranking #12 of 13. Their recent paths diverged sharply: over the last 12 months FUSB outperformed by 83.9 percentage points (-29.6% for DRIO against +54.3% for FUSB). Risk is not evenly split, since DRIO carries 4.1 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.
DRIO vs FUSB: side by side
| DRIO (DarioHealth Corp.) | FUSB (First US Bancshares, Inc.) | |
|---|---|---|
| 1-year return | -29.6% | +54.3% |
| 5-year return | -97.3% | +66.8% |
| Volatility (ann.) | 106.1% | 26.1% |
| Beta vs S&P 500 | 0.92 | 0.21 |
| Max drawdown (3Y) | -91.2% | -23.2% |
| Market cap | $0.1B | $0.1B |
| P/E (trailing) | – | 12.4 |
| Dividend yield | 0.00% | 1.70% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DRIO | FUSB |
|---|---|---|
| 2022 | -67.0% | -16.7% |
| 2023 | -59.8% | +21.6% |
| 2024 | -54.3% | +24.5% |
| 2025 | -27.6% | +13.4% |
| 2026 | -40.5% | +18.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DRIO and FUSB good diversifiers for each other?
Yes. With a correlation of -0.22, DRIO and FUSB have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between DRIO and FUSB?
Using weekly returns as of 2026-08-27: -0.22 over 3 years, with -0.41 over the last year and -0.20 over 5 years.
Is FUSB a good diversifier for DRIO?
Yes. With a correlation of -0.22, DRIO and FUSB have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.22 mean?
A reading of -0.22 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/drio-vs-fusb.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/drio-vs-fusb/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DRIO correlations · FUSB correlations
