WVVI vs ZURA: Correlation
Measured on weekly returns over the past three years, Willamette Valley Vineyards, Inc. (WVVI) and Zura Bio Limited - Class A (ZURA) carry a correlation of -0.26, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are WVVI and ZURA?
On 3 years of weekly data the WVVI/ZURA correlation comes out at -0.26, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.19 over 1 year against -0.26 over 3. The 5-year figure is n/a, and annualized covariance runs at -1115.1 %².
ZURA is close to the least connected end of WVVI's tracked universe, ranking #15 of 18. The last year tells two different stories: ZURA led by 219.4 percentage points, -48.6% for WVVI against +170.8% for ZURA. One caveat on sizing: ZURA is 2.3 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.
WVVI vs ZURA: side by side
| WVVI (Willamette Valley Vineyards, Inc.) | ZURA (Zura Bio Limited - Class A) | |
|---|---|---|
| 1-year return | -48.6% | +170.8% |
| 5-year return | -82.5% | n/a |
| Volatility (ann.) | 42.6% | 100.1% |
| Beta vs S&P 500 | 0.37 | 1.00 |
| Max drawdown (3Y) | -65.4% | -85.8% |
| Market cap | – | $0.6B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | WVVI | ZURA |
|---|---|---|
| 2022 | -31.1% | – |
| 2023 | -10.2% | – |
| 2024 | -37.5% | -46.5% |
| 2025 | -9.0% | +109.6% |
| 2026 | -27.5% | +11.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are WVVI and ZURA good diversifiers for each other?
By historical standards, yes. A correlation of -0.26 means the two rarely move for the same reasons.
FAQ
What is the correlation between WVVI and ZURA?
Using weekly returns as of 2026-08-27: -0.26 over 3 years, with -0.19 over the last year and n/a over 5 years.
Is ZURA a good diversifier for WVVI?
By historical standards, yes. A correlation of -0.26 means the two rarely move for the same reasons.
What does a correlation of -0.26 mean?
On the −1 to +1 scale, -0.26 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/wvvi-vs-zura.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/wvvi-vs-zura/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: WVVI correlations · ZURA correlations
