AENT vs SEZL: Correlation
Alliance Entertainment Holding Corporation (AENT) and Sezzle Inc. (SEZL) show a moderate relationship: their 3-year correlation of weekly returns is 0.30.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AENT and SEZL?
Across a 3-year window, the weekly returns of AENT and SEZL correlate at 0.30, moderate. The link has loosened recently: the 1-year correlation (0.05) runs below the 3-year figure (0.30). Stretching to 5 years gives n/a, with an annualized covariance of 4022.6 %².
Within AENT's tracked universe of 12 assets, SEZL comes in at #6 by 3-year correlation. The last year tells two different stories: SEZL led by 31.7 percentage points, +4.0% for AENT against +35.7% for SEZL.
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.
AENT vs SEZL: side by side
| AENT (Alliance Entertainment Holding Corporation) | SEZL (Sezzle Inc.) | |
|---|---|---|
| 1-year return | +4.0% | +35.7% |
| 5-year return | -43.4% | n/a |
| Volatility (ann.) | 94.6% | 139.3% |
| Beta vs S&P 500 | 1.21 | 3.39 |
| Max drawdown (3Y) | -78.2% | -90.0% |
| Market cap | $0.3B | $4.2B |
| P/E (trailing) | 11.9 | 27.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AENT | SEZL |
|---|---|---|
| 2022 | +4.0% | – |
| 2023 | -90.9% | – |
| 2024 | +876.3% | +1146.6% |
| 2025 | -10.8% | +48.9% |
| 2026 | -32.2% | +98.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AENT and SEZL good diversifiers for each other?
A fair diversifier. At 0.30, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between AENT and SEZL?
Using weekly returns as of 2026-08-27: 0.30 over 3 years, with 0.05 over the last year and n/a over 5 years.
Is SEZL a good diversifier for AENT?
A fair diversifier. At 0.30, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.30 mean?
On the −1 to +1 scale, 0.30 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/aent-vs-sezl.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/aent-vs-sezl/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AENT correlations · SEZL correlations
