DAVE vs SEZL: Correlation
How closely do Dave Inc. (DAVE) and Sezzle Inc. (SEZL) trade together? Their weekly returns over three years give a correlation of 0.52, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DAVE and SEZL?
Over the past 3 years, DAVE and SEZL moved with a correlation of 0.52, which is moderate. Lately the two have moved closer together, with the 1-year correlation at 0.67 versus 0.52 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 7282.2 %².
Few assets follow DAVE as closely as SEZL, which ranks #1 of 11 tracked partners. The last year tells two different stories: DAVE led by 44.3 percentage points, +80.0% for DAVE 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.
DAVE vs SEZL: side by side
| DAVE (Dave Inc.) | SEZL (Sezzle Inc.) | |
|---|---|---|
| 1-year return | +80.0% | +35.7% |
| 5-year return | +18.4% | n/a |
| Volatility (ann.) | 100.5% | 139.3% |
| Beta vs S&P 500 | 2.12 | 3.39 |
| Max drawdown (3Y) | -44.7% | -90.0% |
| Market cap | $4.8B | $4.2B |
| P/E (trailing) | 24.0 | 27.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DAVE | SEZL |
|---|---|---|
| 2022 | -97.2% | – |
| 2023 | -9.6% | – |
| 2024 | +936.6% | +1146.6% |
| 2025 | +154.7% | +48.9% |
| 2026 | +68.9% | +98.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DAVE and SEZL good diversifiers for each other?
To a limited degree. At 0.52 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between DAVE and SEZL?
The DAVE/SEZL correlation stands at 0.52 on a 3-year window (1 year: 0.67, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is SEZL a good diversifier for DAVE?
To a limited degree. At 0.52 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.52 mean?
A reading of 0.52 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
$ curl https://www.pairbook.io/api/v1/pairs/dave-vs-sezl.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dave-vs-sezl/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DAVE correlations · SEZL correlations
