EFX vs VELO: Correlation
Equifax (EFX) and Velo3D, Inc. (VELO) show a negative relationship: their 3-year correlation of weekly returns is -0.20.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EFX and VELO?
On 3 years of weekly data the EFX/VELO correlation comes out at -0.20, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.11) sits close to the 3-year figure. The 5-year figure is -0.07, and annualized covariance runs at -1622.6 %².
Within EFX's tracked universe of 53 assets, VELO comes in at #48 by 3-year correlation. Correlation aside, the last 12 months split them widely, with VELO ahead by 203.7 points (-21.8% versus +181.9%). One caveat on sizing: VELO is 7.5 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.
EFX vs VELO: side by side
| EFX (Equifax) | VELO (Velo3D, Inc.) | |
|---|---|---|
| 1-year return | -21.8% | +181.9% |
| 5-year return | -26.0% | -99.8% |
| Volatility (ann.) | 33.3% | 249.0% |
| Beta vs S&P 500 | 1.25 | -2.66 |
| Max drawdown (3Y) | -49.7% | -99.8% |
| Market cap | $22.4B | $0.4B |
| P/E (trailing) | 33.5 | – |
| Dividend yield | 1.11% | 0.00% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | EFX | VELO |
|---|---|---|
| 2022 | -33.1% | -77.1% |
| 2023 | +28.2% | -77.8% |
| 2024 | +3.7% | -95.2% |
| 2025 | -14.2% | +35.7% |
| 2026 | -11.7% | -6.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EFX and VELO good diversifiers for each other?
By historical standards, yes. A correlation of -0.20 means the two rarely move for the same reasons.
FAQ
What is the correlation between EFX and VELO?
The EFX/VELO correlation stands at -0.20 on a 3-year window (1 year: -0.11, 5 years: -0.07), computed from weekly returns as of 2026-08-27.
Is VELO a good diversifier for EFX?
By historical standards, yes. A correlation of -0.20 means the two rarely move for the same reasons.
What does a correlation of -0.20 mean?
A reading of -0.20 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/efx-vs-velo.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/efx-vs-velo/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: EFX correlations · VELO correlations
