EEFT vs GPN: Correlation
Euronet Worldwide, Inc. (EEFT) and Global Payments (GPN) show a moderate relationship: their 3-year correlation of weekly returns is 0.51.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EEFT and GPN?
On 3 years of weekly data the EEFT/GPN correlation comes out at 0.51, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.62 versus 0.51 over 3 years. The 5-year figure is 0.51, and annualized covariance runs at 545.8 %².
GPN is one of the assets that tracks EEFT most closely: it ranks #1 out of the 14 assets we track against EEFT. Correlation aside, the last 12 months split them widely, with GPN ahead by 34.0 points (-27.0% versus +7.0%).
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.
EEFT vs GPN: side by side
| EEFT (Euronet Worldwide, Inc.) | GPN (Global Payments) | |
|---|---|---|
| 1-year return | -27.0% | +7.0% |
| 5-year return | -48.7% | -39.6% |
| Volatility (ann.) | 30.1% | 35.9% |
| Beta vs S&P 500 | 0.89 | 1.22 |
| Max drawdown (3Y) | -45.3% | -54.0% |
| Market cap | $2.6B | $24.5B |
| P/E (trailing) | 11.2 | 44.0 |
| Dividend yield | 0.00% | 1.08% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | EEFT | GPN |
|---|---|---|
| 2022 | -20.8% | -25.9% |
| 2023 | +7.5% | +29.0% |
| 2024 | +1.3% | -11.0% |
| 2025 | -26.0% | -30.1% |
| 2026 | -10.0% | +20.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EEFT and GPN good diversifiers for each other?
To a limited degree. At 0.51 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 EEFT and GPN?
As of 2026-08-27, the correlation of weekly returns between EEFT and GPN is 0.51 over 3 years, 0.62 over 1 year and 0.51 over 5 years.
Is GPN a good diversifier for EEFT?
To a limited degree. At 0.51 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 0.51 mean?
A reading of 0.51 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/eeft-vs-gpn.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/eeft-vs-gpn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: EEFT correlations · GPN correlations
