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KRRO vs PRQR: Correlation

Korro Bio, Inc. (KRRO) and ProQR Therapeutics N.V. (PRQR) show a moderate relationship: their 3-year correlation of weekly returns is 0.47.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.47
moderate
Correlation (1Y)
0.29
last 12 months
Correlation (5Y)
0.36
long-run
Ann. covariance
8224.0
%² · weekly, annualized

How correlated are KRRO and PRQR?

Across a 3-year window, the weekly returns of KRRO and PRQR correlate at 0.47, moderate. The past 12 months show a weaker link (0.29) than the 3-year average (0.47). Stretching to 5 years gives 0.36, with an annualized covariance of 8224.0 %².

PRQR is one of the assets that tracks KRRO most closely: it ranks #1 out of the 16 assets we track against KRRO. Correlation aside, the last 12 months split them widely, with PRQR ahead by 43.6 points (-38.6% versus +5.0%). One caveat on sizing: KRRO is 1.6 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.

KRRO vs PRQR: side by side

KRRO (Korro Bio, Inc.)PRQR (ProQR Therapeutics N.V.)
1-year return-38.6%+5.0%
5-year return-96.6%-64.2%
Volatility (ann.)166.3%104.9%
Beta vs S&P 5003.171.98
Max drawdown (3Y)-94.1%-75.1%
Market cap$0.2B$0.3B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: PRQR -75.1% vs -94.1%Higher 5y return: PRQR -64.2% vs -96.6%
-83%0%+39%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. KRRO · PRQR

Year-by-year returns

YearKRROPRQR
2022-25.0%-53.8%
2023-75.1%-46.5%
2024-20.6%+33.8%
2025-79.0%-23.8%
2026+65.5%+14.9%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are KRRO and PRQR good diversifiers for each other?

A fair diversifier. At 0.47, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between KRRO and PRQR?

The KRRO/PRQR correlation stands at 0.47 on a 3-year window (1 year: 0.29, 5 years: 0.36), computed from weekly returns as of 2026-08-27.

Is PRQR a good diversifier for KRRO?

A fair diversifier. At 0.47, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.47 mean?

A reading of 0.47 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/krro-vs-prqr.json

KRRO vs PRQR: 3-year weekly correlation 0.47KRRO vs PRQR0.47

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Related comparisons

Hubs: KRRO correlations · PRQR correlations