DRIO vs PEPG: Correlation
Measured on weekly returns over the past three years, DarioHealth Corp. (DRIO) and PepGen Inc. (PEPG) carry a correlation of 0.39, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DRIO and PEPG?
On 3 years of weekly data the DRIO/PEPG correlation comes out at 0.39, moderate. The past 12 months show a tighter link (0.67) than the 3-year average (0.39). The 5-year figure is 0.35, and annualized covariance runs at 7053.4 %².
By 3-year correlation, PEPG places #6 of the 13 assets tracked against DRIO. The last year tells two different stories: PEPG led by 177.2 percentage points, -29.6% for DRIO against +147.6% for PEPG. Risk is not evenly split, since PEPG carries 1.6 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 PEPG: side by side
| DRIO (DarioHealth Corp.) | PEPG (PepGen Inc.) | |
|---|---|---|
| 1-year return | -29.6% | +147.6% |
| 5-year return | -97.3% | -76.2% |
| Volatility (ann.) | 106.1% | 168.3% |
| Beta vs S&P 500 | 0.92 | 1.20 |
| Max drawdown (3Y) | -91.2% | -94.6% |
| Market cap | $0.1B | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DRIO | PEPG |
|---|---|---|
| 2022 | -67.0% | – |
| 2023 | -59.8% | -49.1% |
| 2024 | -54.3% | -44.3% |
| 2025 | -27.6% | +71.8% |
| 2026 | -40.5% | -52.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DRIO and PEPG good diversifiers for each other?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between DRIO and PEPG?
Using weekly returns as of 2026-08-27: 0.39 over 3 years, with 0.67 over the last year and 0.35 over 5 years.
Is PEPG a good diversifier for DRIO?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.39 mean?
On the −1 to +1 scale, 0.39 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
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Related comparisons
Hubs: DRIO correlations · PEPG correlations
