HURA vs XYL: Correlation
How closely do TuHURA Biosciences, Inc. (HURA) and Xylem Inc. (XYL) trade together? Their weekly returns over three years give a correlation of -0.15, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HURA and XYL?
Across a 3-year window, the weekly returns of HURA and XYL correlate at -0.15, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.11) sits close to the 3-year figure. Stretching to 5 years gives -0.04, with an annualized covariance of -550.3 %².
Among the 29 assets we track against HURA, XYL ranks #8 by 3-year correlation. The trailing year gives XYL the advantage: -26.6% versus -21.1%, a 5.5-point spread. One caveat on sizing: HURA is 6.4 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.
HURA vs XYL: side by side
| HURA (TuHURA Biosciences, Inc.) | XYL (Xylem Inc.) | |
|---|---|---|
| 1-year return | -26.6% | -21.1% |
| 5-year return | -99.9% | -12.5% |
| Volatility (ann.) | 152.6% | 23.9% |
| Beta vs S&P 500 | 0.27 | 0.96 |
| Max drawdown (3Y) | -99.7% | -30.0% |
| Market cap | $0.1B | $26.3B |
| P/E (trailing) | – | 26.8 |
| Dividend yield | 0.00% | 1.47% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | HURA | XYL |
|---|---|---|
| 2022 | -73.0% | -6.6% |
| 2023 | -97.5% | +4.8% |
| 2024 | -31.3% | +2.6% |
| 2025 | -81.5% | +18.8% |
| 2026 | +181.4% | -16.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HURA and XYL good diversifiers for each other?
Yes. With a correlation of -0.15, HURA and XYL have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between HURA and XYL?
As of 2026-08-27, the correlation of weekly returns between HURA and XYL is -0.15 over 3 years, -0.11 over 1 year and -0.04 over 5 years.
Is XYL a good diversifier for HURA?
Yes. With a correlation of -0.15, HURA and XYL have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.15 mean?
A reading of -0.15 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-xyl.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/hura-vs-xyl/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: HURA correlations · XYL correlations
