EU vs ISOU: Correlation
enCore Energy Corp. (EU) and IsoEnergy Ltd. (ISOU) show a strong relationship: their 3-year correlation of weekly returns is 0.68.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EU and ISOU?
On 3 years of weekly data the EU/ISOU correlation comes out at 0.68, strong. The relationship has been stable: the 1-year correlation (0.74) sits close to the 3-year figure. The 5-year figure is 0.68, and annualized covariance runs at 3005.8 %².
Within EU's tracked universe of 12 assets, ISOU comes in at #5 by 3-year correlation. Correlation aside, the last 12 months split them widely, with ISOU ahead by 95.0 points (-39.0% versus +56.0%).
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.
EU vs ISOU: side by side
| EU (enCore Energy Corp.) | ISOU (IsoEnergy Ltd.) | |
|---|---|---|
| 1-year return | -39.0% | +56.0% |
| 5-year return | -60.1% | +42.5% |
| Volatility (ann.) | 67.3% | 65.5% |
| Beta vs S&P 500 | 1.98 | 1.86 |
| Max drawdown (3Y) | -78.7% | -69.0% |
| Market cap | $0.3B | $0.8B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EU | ISOU |
|---|---|---|
| 2022 | -39.0% | -28.1% |
| 2023 | +66.5% | +31.1% |
| 2024 | -13.2% | -35.1% |
| 2025 | -27.3% | +26.0% |
| 2026 | -44.0% | +34.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EU and ISOU good diversifiers for each other?
To a limited degree. At 0.68 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between EU and ISOU?
The EU/ISOU correlation stands at 0.68 on a 3-year window (1 year: 0.74, 5 years: 0.68), computed from weekly returns as of 2026-08-27.
Is ISOU a good diversifier for EU?
To a limited degree. At 0.68 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.68 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/eu-vs-isou.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/eu-vs-isou/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: EU correlations · ISOU correlations
