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
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 500 | 0.92 | 1.70 |
| Max drawdown (3Y) | -91.2% | -87.2% |
| Market cap | $0.1B | $3.4B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DRIO | QURE |
|---|---|---|
| 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
$ curl https://www.pairbook.io/api/v1/pairs/drio-vs-qure.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/drio-vs-qure/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DRIO correlations · QURE correlations