EEA vs PLUR: Correlation
Measured on weekly returns over the past three years, The European Equity Fund, Inc. (EEA) and Pluri Inc. (PLUR) carry a correlation of 0.34, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EEA and PLUR?
On 3 years of weekly data the EEA/PLUR correlation comes out at 0.34, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.22 versus 0.34 over 3 years. The 5-year figure is 0.29, and annualized covariance runs at 364.1 %².
PLUR is close to the least connected end of EEA's tracked universe, ranking #11 of 14. Their recent paths diverged sharply: over the last 12 months EEA outperformed by 79.8 percentage points (+11.7% for EEA against -68.1% for PLUR). Risk is not evenly split, since PLUR carries 4.5 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.
EEA vs PLUR: side by side
| EEA (The European Equity Fund, Inc.) | PLUR (Pluri Inc.) | |
|---|---|---|
| 1-year return | +11.7% | -68.1% |
| 5-year return | +34.8% | -93.5% |
| Volatility (ann.) | 15.4% | 69.6% |
| Beta vs S&P 500 | 0.61 | 0.94 |
| Max drawdown (3Y) | -14.1% | -81.9% |
| Market cap | $0.1B | – |
| P/E (trailing) | 4.2 | – |
| Dividend yield | 6.92% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EEA | PLUR |
|---|---|---|
| 2022 | -19.0% | -35.6% |
| 2023 | +17.2% | -38.3% |
| 2024 | -3.5% | -7.8% |
| 2025 | +28.8% | -30.1% |
| 2026 | +13.6% | -48.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EEA and PLUR good diversifiers for each other?
A fair diversifier. At 0.34, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between EEA and PLUR?
Using weekly returns as of 2026-08-27: 0.34 over 3 years, with 0.22 over the last year and 0.29 over 5 years.
Is PLUR a good diversifier for EEA?
A fair diversifier. At 0.34, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.34 mean?
On the −1 to +1 scale, 0.34 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/eea-vs-plur.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/eea-vs-plur/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: EEA correlations · PLUR correlations
