EEFT vs WU: Correlation
How closely do Euronet Worldwide, Inc. (EEFT) and Western Union Company (The) (WU) trade together? Their weekly returns over three years give a correlation of 0.45, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EEFT and WU?
Over the past 3 years, EEFT and WU moved with a correlation of 0.45, which is moderate. Little has changed lately, as the 1-year reading of 0.51 lands near the 3-year figure. Over 5 years the correlation is 0.50, and the annualized covariance of weekly returns is 422.9 %².
Among the 14 assets we track against EEFT, WU ranks #6 by 3-year correlation. The last year tells two different stories: WU led by 21.2 percentage points, -27.0% for EEFT against -5.8% for WU.
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 WU: side by side
| EEFT (Euronet Worldwide, Inc.) | WU (Western Union Company (The)) | |
|---|---|---|
| 1-year return | -27.0% | -5.8% |
| 5-year return | -48.7% | -49.2% |
| Volatility (ann.) | 30.1% | 31.1% |
| Beta vs S&P 500 | 0.89 | 0.48 |
| Max drawdown (3Y) | -45.3% | -43.2% |
| Market cap | $2.6B | $2.2B |
| P/E (trailing) | 11.2 | 5.9 |
| Dividend yield | 0.00% | 12.95% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EEFT | WU |
|---|---|---|
| 2022 | -20.8% | -17.9% |
| 2023 | +7.5% | -6.2% |
| 2024 | +1.3% | -3.8% |
| 2025 | -26.0% | -2.6% |
| 2026 | -10.0% | -18.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EEFT and WU good diversifiers for each other?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between EEFT and WU?
Using weekly returns as of 2026-08-27: 0.45 over 3 years, with 0.51 over the last year and 0.50 over 5 years.
Is WU a good diversifier for EEFT?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.45 mean?
A reading of 0.45 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-wu.json
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Related comparisons
Hubs: EEFT correlations · WU correlations
