LEE vs SRRK: Correlation
Lee Enterprises, Incorporated (LEE) and Scholar Rock Holding Corporation (SRRK) show a moderate relationship: their 3-year correlation of weekly returns is 0.56.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LEE and SRRK?
Across a 3-year window, the weekly returns of LEE and SRRK correlate at 0.56, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.03 versus 0.56 over 3 years. Stretching to 5 years gives 0.47, with an annualized covariance of 7312.8 %².
SRRK is one of the assets that tracks LEE most closely: it ranks #2 out of the 10 assets we track against LEE. The last year tells two different stories: LEE led by 22.0 percentage points, +93.9% for LEE against +71.9% for SRRK. One caveat on sizing: SRRK is 2.1 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.
LEE vs SRRK: side by side
| LEE (Lee Enterprises, Incorporated) | SRRK (Scholar Rock Holding Corporation) | |
|---|---|---|
| 1-year return | +93.9% | +71.9% |
| 5-year return | -67.6% | +54.0% |
| Volatility (ann.) | 79.2% | 164.2% |
| Beta vs S&P 500 | 0.72 | 1.48 |
| Max drawdown (3Y) | -82.0% | -65.2% |
| Market cap | $0.2B | $7.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LEE | SRRK |
|---|---|---|
| 2022 | -46.3% | -63.6% |
| 2023 | -57.6% | +107.7% |
| 2024 | +87.8% | +129.9% |
| 2025 | -67.6% | +1.9% |
| 2026 | +72.4% | +34.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LEE and SRRK good diversifiers for each other?
To a limited degree. At 0.56 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 LEE and SRRK?
As of 2026-08-27, the correlation of weekly returns between LEE and SRRK is 0.56 over 3 years, 0.03 over 1 year and 0.47 over 5 years.
Is SRRK a good diversifier for LEE?
To a limited degree. At 0.56 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 0.56 mean?
A reading of 0.56 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/lee-vs-srrk.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/lee-vs-srrk/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LEE correlations · SRRK correlations
