QURE vs SHFS: Correlation
Measured on weekly returns over the past three years, uniQure N.V. (QURE) and SHF Holdings, Inc. (SHFS) carry a correlation of 0.38, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QURE and SHFS?
Across a 3-year window, the weekly returns of QURE and SHFS correlate at 0.38, moderate. The link has tightened recently: the 1-year correlation (0.59) runs above the 3-year figure (0.38). Stretching to 5 years gives 0.34, with an annualized covariance of 12459.3 %².
Within QURE's tracked universe of 14 assets, SHFS comes in at #9 by 3-year correlation. The last year tells two different stories: QURE led by 307.6 percentage points, +214.7% for QURE against -92.9% for SHFS.
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.
QURE vs SHFS: side by side
| QURE (uniQure N.V.) | SHFS (SHF Holdings, Inc.) | |
|---|---|---|
| 1-year return | +214.7% | -92.9% |
| 5-year return | +72.6% | -99.9% |
| Volatility (ann.) | 215.4% | 150.8% |
| Beta vs S&P 500 | 1.70 | 1.27 |
| Max drawdown (3Y) | -87.2% | -99.4% |
| Market cap | $3.4B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | QURE | SHFS |
|---|---|---|
| 2022 | +9.3% | -82.4% |
| 2023 | -70.1% | -20.0% |
| 2024 | +160.9% | -68.3% |
| 2025 | +35.5% | -88.2% |
| 2026 | +107.1% | -84.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QURE and SHFS good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between QURE and SHFS?
Using weekly returns as of 2026-08-27: 0.38 over 3 years, with 0.59 over the last year and 0.34 over 5 years.
Is SHFS a good diversifier for QURE?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.38 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/qure-vs-shfs.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/qure-vs-shfs/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: QURE correlations · SHFS correlations
