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CUBI vs NRDS: Correlation

Customers Bancorp, Inc (CUBI) and NerdWallet, Inc. (NRDS) show a moderate relationship: their 3-year correlation of weekly returns is 0.49.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.49
moderate
Correlation (1Y)
0.39
last 12 months
Correlation (5Y)
0.38
long-run
Ann. covariance
1140.9
%² · weekly, annualized

How correlated are CUBI and NRDS?

On 3 years of weekly data the CUBI/NRDS correlation comes out at 0.49, moderate. Little has changed lately, as the 1-year reading of 0.39 lands near the 3-year figure. The 5-year figure is 0.38, and annualized covariance runs at 1140.9 %².

By 3-year correlation, NRDS places #6 of the 12 assets tracked against CUBI. The last year tells two different stories: CUBI led by 18.6 percentage points, +11.2% for CUBI against -7.4% for NRDS.

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.

CUBI vs NRDS: side by side

CUBI (Customers Bancorp, Inc)NRDS (NerdWallet, Inc.)
1-year return+11.2%-7.4%
5-year return+93.6%-65.7%
Volatility (ann.)42.3%55.3%
Beta vs S&P 5001.171.08
Max drawdown (3Y)-36.1%-55.4%
Market cap$2.7B$0.6B
P/E (trailing)9.510.9
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Lower P/E: CUBI 9.5 vs 10.9Smaller drawdown: CUBI -36.1% vs -55.4%Higher 5y return: CUBI +93.6% vs -65.7%
-27%0%+44%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. CUBI · NRDS

Year-by-year returns

YearCUBINRDS
2022-56.6%-38.3%
2023+103.3%+53.3%
2024-15.5%-9.6%
2025+50.2%+1.9%
2026+8.1%-28.4%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are CUBI and NRDS good diversifiers for each other?

A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between CUBI and NRDS?

As of 2026-08-27, the correlation of weekly returns between CUBI and NRDS is 0.49 over 3 years, 0.39 over 1 year and 0.38 over 5 years.

Is NRDS a good diversifier for CUBI?

A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.49 mean?

A reading of 0.49 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/cubi-vs-nrds.json

CUBI vs NRDS: 3-year weekly correlation 0.49CUBI vs NRDS0.49

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Related comparisons

Hubs: CUBI correlations · NRDS correlations