ENTX vs HBAN: Correlation
Measured on weekly returns over the past three years, Entera Bio Ltd. (ENTX) and Huntington Bancshares (HBAN) carry a correlation of -0.15, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ENTX and HBAN?
Over the past 3 years, ENTX and HBAN moved with a correlation of -0.15, which is negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.38) runs below the 3-year figure (-0.15). Over 5 years the correlation is -0.04, and the annualized covariance of weekly returns is -442.5 %².
Among the 24 assets we track against ENTX, HBAN ranks #8 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months ENTX outperformed by 58.8 percentage points (+57.1% for ENTX against -1.7% for HBAN). Risk is not evenly split, since ENTX carries 3.2 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.
ENTX vs HBAN: side by side
| ENTX (Entera Bio Ltd.) | HBAN (Huntington Bancshares) | |
|---|---|---|
| 1-year return | +57.1% | -1.7% |
| 5-year return | -36.1% | +36.8% |
| Volatility (ann.) | 96.7% | 29.8% |
| Beta vs S&P 500 | 0.33 | 1.07 |
| Max drawdown (3Y) | -68.2% | -30.0% |
| Market cap | $0.5B | $34.1B |
| P/E (trailing) | – | 13.1 |
| Dividend yield | 0.00% | 3.64% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | ENTX | HBAN |
|---|---|---|
| 2022 | -74.1% | -4.4% |
| 2023 | -17.8% | -4.7% |
| 2024 | +253.3% | +33.7% |
| 2025 | -8.5% | +10.8% |
| 2026 | +58.8% | -0.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ENTX and HBAN good diversifiers for each other?
Yes. With a correlation of -0.15, ENTX and HBAN have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ENTX and HBAN?
The ENTX/HBAN correlation stands at -0.15 on a 3-year window (1 year: -0.38, 5 years: -0.04), computed from weekly returns as of 2026-08-27.
Is HBAN a good diversifier for ENTX?
Yes. With a correlation of -0.15, ENTX and HBAN have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.15 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/entx-vs-hban.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/entx-vs-hban/)
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Related comparisons
Hubs: ENTX correlations · HBAN correlations
