EOS vs UBER: Correlation
Eaton Vance Enhance Equity Income Fund II (EOS) and Uber (UBER) show a moderate relationship: their 3-year correlation of weekly returns is 0.54.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EOS and UBER?
Across a 3-year window, the weekly returns of EOS and UBER correlate at 0.54, moderate. The past 12 months show a weaker link (0.42) than the 3-year average (0.54). Stretching to 5 years gives 0.51, with an annualized covariance of 382.3 %².
Within EOS's tracked universe of 34 assets, UBER comes in at #24 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months EOS outperformed by 17.4 percentage points (-1.9% for EOS against -19.3% for UBER). One caveat on sizing: UBER is 1.9 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.
EOS vs UBER: side by side
| EOS (Eaton Vance Enhance Equity Income Fund II) | UBER (Uber) | |
|---|---|---|
| 1-year return | -1.9% | -19.3% |
| 5-year return | +30.9% | +94.4% |
| Volatility (ann.) | 19.2% | 36.7% |
| Beta vs S&P 500 | 1.17 | 1.34 |
| Max drawdown (3Y) | -24.3% | -34.1% |
| Market cap | $1.2B | $157.2B |
| P/E (trailing) | 7.2 | 17.2 |
| Dividend yield | 8.51% | 0.00% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | EOS | UBER |
|---|---|---|
| 2022 | -26.5% | -41.0% |
| 2023 | +22.6% | +149.0% |
| 2024 | +38.7% | -2.0% |
| 2025 | +5.8% | +35.5% |
| 2026 | -2.2% | -5.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EOS and UBER good diversifiers for each other?
Somewhat, no more. With 0.54 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between EOS and UBER?
Using weekly returns as of 2026-08-27: 0.54 over 3 years, with 0.42 over the last year and 0.51 over 5 years.
Is UBER a good diversifier for EOS?
Somewhat, no more. With 0.54 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.54 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/eos-vs-uber.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/eos-vs-uber/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: EOS correlations · UBER correlations
