KRRO vs UIS: Correlation
Measured on weekly returns over the past three years, Korro Bio, Inc. (KRRO) and Unisys Corporation New (UIS) carry a correlation of 0.43, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KRRO and UIS?
Over the past 3 years, KRRO and UIS moved with a correlation of 0.43, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.24 versus 0.43 over 3 years. Over 5 years the correlation is 0.39, and the annualized covariance of weekly returns is 5756.2 %².
UIS is one of the assets that tracks KRRO most closely: it ranks #3 out of the 16 assets we track against KRRO. On 12-month performance UIS holds a 7.8-point edge, -38.6% against -30.8%. Note the risk asymmetry: KRRO runs 2.1 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 UIS: side by side
| KRRO (Korro Bio, Inc.) | UIS (Unisys Corporation New) | |
|---|---|---|
| 1-year return | -38.6% | -30.8% |
| 5-year return | -96.6% | -88.7% |
| Volatility (ann.) | 166.3% | 80.0% |
| Beta vs S&P 500 | 3.17 | 2.01 |
| Max drawdown (3Y) | -94.1% | -77.6% |
| Market cap | $0.2B | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KRRO | UIS |
|---|---|---|
| 2022 | -25.0% | -75.2% |
| 2023 | -75.1% | +10.0% |
| 2024 | -20.6% | +12.6% |
| 2025 | -79.0% | -56.4% |
| 2026 | +65.5% | -1.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KRRO and UIS good diversifiers for each other?
Reasonably. At 0.43, KRRO and UIS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between KRRO and UIS?
The KRRO/UIS correlation stands at 0.43 on a 3-year window (1 year: 0.24, 5 years: 0.39), computed from weekly returns as of 2026-08-27.
Is UIS a good diversifier for KRRO?
Reasonably. At 0.43, KRRO and UIS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.43 mean?
A reading of 0.43 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/krro-vs-uis.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/krro-vs-uis/)
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Related comparisons
Hubs: KRRO correlations · UIS correlations
