HURA vs PHIO: Correlation
TuHURA Biosciences, Inc. (HURA) and Phio Pharmaceuticals Corp. (PHIO) show a moderate relationship: their 3-year correlation of weekly returns is 0.33.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HURA and PHIO?
Across a 3-year window, the weekly returns of HURA and PHIO correlate at 0.33, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.68 versus 0.33 over 3 years. Stretching to 5 years gives 0.22, with an annualized covariance of 5748.0 %².
By 3-year correlation, PHIO places #4 of the 29 assets tracked against HURA. Correlation aside, the last 12 months split them widely, with HURA ahead by 18.2 points (-26.6% versus -44.8%).
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.
HURA vs PHIO: side by side
| HURA (TuHURA Biosciences, Inc.) | PHIO (Phio Pharmaceuticals Corp.) | |
|---|---|---|
| 1-year return | -26.6% | -44.8% |
| 5-year return | -99.9% | -99.5% |
| Volatility (ann.) | 152.6% | 113.9% |
| Beta vs S&P 500 | 0.27 | 1.91 |
| Max drawdown (3Y) | -99.7% | -96.3% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HURA | PHIO |
|---|---|---|
| 2022 | -73.0% | -62.8% |
| 2023 | -97.5% | -83.0% |
| 2024 | -31.3% | -73.7% |
| 2025 | -81.5% | -41.7% |
| 2026 | +181.4% | +6.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HURA and PHIO good diversifiers for each other?
Reasonably. At 0.33, HURA and PHIO keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between HURA and PHIO?
As of 2026-08-27, the correlation of weekly returns between HURA and PHIO is 0.33 over 3 years, 0.68 over 1 year and 0.22 over 5 years.
Is PHIO a good diversifier for HURA?
Reasonably. At 0.33, HURA and PHIO keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.33 mean?
A reading of 0.33 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/hura-vs-phio.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/hura-vs-phio/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: HURA correlations · PHIO correlations
