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DRIO vs QURE: Correlation

Measured on weekly returns over the past three years, DarioHealth Corp. (DRIO) and uniQure N.V. (QURE) carry a correlation of 0.50, a moderate link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.50
moderate
Correlation (1Y)
0.76
last 12 months
Correlation (5Y)
0.45
long-run
Ann. covariance
11459.2
%² · weekly, annualized

How correlated are DRIO and QURE?

Across a 3-year window, the weekly returns of DRIO and QURE correlate at 0.50, moderate. The past 12 months show a tighter link (0.76) than the 3-year average (0.50). Stretching to 5 years gives 0.45, with an annualized covariance of 11459.2 %².

QURE is one of the assets that tracks DRIO most closely: it ranks #1 out of the 13 assets we track against DRIO. Their recent paths diverged sharply: over the last 12 months QURE outperformed by 244.3 percentage points (-29.6% for DRIO against +214.7% for QURE). One caveat on sizing: QURE is 2.0 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.

DRIO vs QURE: side by side

DRIO (DarioHealth Corp.)QURE (uniQure N.V.)
1-year return-29.6%+214.7%
5-year return-97.3%+72.6%
Volatility (ann.)106.1%215.4%
Beta vs S&P 5000.921.70
Max drawdown (3Y)-91.2%-87.2%
Market cap$0.1B$3.4B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: QURE -87.2% vs -91.2%Higher 5y return: QURE +72.6% vs -97.3%
-31%0%+277%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. DRIO · QURE

Year-by-year returns

YearDRIOQURE
2022-67.0%+9.3%
2023-59.8%-70.1%
2024-54.3%+160.9%
2025-27.6%+35.5%
2026-40.5%+107.1%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are DRIO and QURE good diversifiers for each other?

To a limited degree. At 0.50 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.

FAQ

What is the correlation between DRIO and QURE?

As of 2026-08-27, the correlation of weekly returns between DRIO and QURE is 0.50 over 3 years, 0.76 over 1 year and 0.45 over 5 years.

Is QURE a good diversifier for DRIO?

To a limited degree. At 0.50 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.

What does a correlation of 0.50 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/drio-vs-qure.json

DRIO vs QURE: 3-year weekly correlation 0.50DRIO vs QURE0.50

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[![DRIO vs QURE correlation](https://www.pairbook.io/api/v1/badge/drio-vs-qure.svg)](https://www.pairbook.io/pair/drio-vs-qure/)

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Related comparisons

Hubs: DRIO correlations · QURE correlations