ECOR vs ENSC: Correlation
How closely do electroCore, Inc. (ECOR) and Ensysce Biosciences, Inc. (ENSC) trade together? Their weekly returns over three years give a correlation of 0.41, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ECOR and ENSC?
Over the past 3 years, ECOR and ENSC moved with a correlation of 0.41, which is moderate. The relationship has been stable: the 1-year correlation (0.38) sits close to the 3-year figure. Over 5 years the correlation is 0.26, and the annualized covariance of weekly returns is 5193.8 %².
Among the 12 assets we track against ECOR, ENSC ranks #4 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months ECOR outperformed by 155.8 percentage points (+75.0% for ECOR against -80.8% for ENSC). One caveat on sizing: ENSC is 1.8 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.
ECOR vs ENSC: side by side
| ECOR (electroCore, Inc.) | ENSC (Ensysce Biosciences, Inc.) | |
|---|---|---|
| 1-year return | +75.0% | -80.8% |
| 5-year return | -37.8% | -100.0% |
| Volatility (ann.) | 83.7% | 150.3% |
| Beta vs S&P 500 | 1.73 | 2.11 |
| Max drawdown (3Y) | -77.7% | -99.1% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ECOR | ENSC |
|---|---|---|
| 2022 | -55.9% | -99.2% |
| 2023 | +54.4% | -88.2% |
| 2024 | +172.3% | -48.8% |
| 2025 | -72.3% | -88.7% |
| 2026 | +116.5% | -56.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ECOR and ENSC good diversifiers for each other?
A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ECOR and ENSC?
The ECOR/ENSC correlation stands at 0.41 on a 3-year window (1 year: 0.38, 5 years: 0.26), computed from weekly returns as of 2026-08-27.
Is ENSC a good diversifier for ECOR?
A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.41 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/ecor-vs-ensc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ecor-vs-ensc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ECOR correlations · ENSC correlations
