CVU vs SLE: Correlation
CPI Aerostructures, Inc. (CVU) and Super League Enterprise, Inc. (SLE) show a negative relationship: their 3-year correlation of weekly returns is -0.22.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CVU and SLE?
On 3 years of weekly data the CVU/SLE correlation comes out at -0.22, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.30 lands near the 3-year figure. The 5-year figure is -0.05, and annualized covariance runs at -1553.5 %².
Among the 11 assets we track against CVU, SLE sits near the bottom by co-movement, at rank #9. Their recent paths diverged sharply: over the last 12 months CVU outperformed by 210.7 percentage points (+119.8% for CVU against -90.9% for SLE). One caveat on sizing: SLE 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.
CVU vs SLE: side by side
| CVU (CPI Aerostructures, Inc.) | SLE (Super League Enterprise, Inc.) | |
|---|---|---|
| 1-year return | +119.8% | -90.9% |
| 5-year return | +71.7% | -100.0% |
| Volatility (ann.) | 55.3% | 126.8% |
| Beta vs S&P 500 | 0.70 | 1.87 |
| Max drawdown (3Y) | -63.8% | -99.9% |
| Market cap | $0.1B | $0.2B |
| P/E (trailing) | 18.4 | 0.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CVU | SLE |
|---|---|---|
| 2022 | +17.2% | -85.8% |
| 2023 | -14.7% | -77.4% |
| 2024 | +48.4% | -59.3% |
| 2025 | -2.2% | -97.5% |
| 2026 | +34.8% | -48.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CVU and SLE good diversifiers for each other?
Yes. With a correlation of -0.22, CVU and SLE have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between CVU and SLE?
Using weekly returns as of 2026-08-27: -0.22 over 3 years, with -0.30 over the last year and -0.05 over 5 years.
Is SLE a good diversifier for CVU?
Yes. With a correlation of -0.22, CVU and SLE have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.22 mean?
On the −1 to +1 scale, -0.22 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/cvu-vs-sle.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cvu-vs-sle/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CVU correlations · SLE correlations
