ENTX vs WFC: Correlation
Entera Bio Ltd. (ENTX) and Wells Fargo (WFC) show a negative relationship: their 3-year correlation of weekly returns is -0.19.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ENTX and WFC?
Over the past 3 years, ENTX and WFC moved with a correlation of -0.19, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.37 versus -0.19 over 3 years. Over 5 years the correlation is -0.07, and the annualized covariance of weekly returns is -534.3 %².
By 3-year correlation, WFC places #16 of the 24 assets tracked against ENTX. Correlation aside, the last 12 months split them widely, with ENTX ahead by 51.9 points (+57.1% versus +5.2%). One caveat on sizing: ENTX is 3.3 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.
ENTX vs WFC: side by side
| ENTX (Entera Bio Ltd.) | WFC (Wells Fargo) | |
|---|---|---|
| 1-year return | +57.1% | +5.2% |
| 5-year return | -36.1% | +98.3% |
| Volatility (ann.) | 96.7% | 29.7% |
| Beta vs S&P 500 | 0.33 | 0.98 |
| Max drawdown (3Y) | -68.2% | -24.7% |
| Market cap | $0.5B | $256.9B |
| P/E (trailing) | – | 12.4 |
| Dividend yield | 0.00% | 2.11% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | ENTX | WFC |
|---|---|---|
| 2022 | -74.1% | -11.9% |
| 2023 | -17.8% | +22.9% |
| 2024 | +253.3% | +46.5% |
| 2025 | -8.5% | +35.6% |
| 2026 | +58.8% | -7.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ENTX and WFC good diversifiers for each other?
Yes. With a correlation of -0.19, ENTX and WFC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ENTX and WFC?
The ENTX/WFC correlation stands at -0.19 on a 3-year window (1 year: -0.37, 5 years: -0.07), computed from weekly returns as of 2026-08-27.
Is WFC a good diversifier for ENTX?
Yes. With a correlation of -0.19, ENTX and WFC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.19 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.
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Related comparisons
Hubs: ENTX correlations · WFC correlations