ELPW vs NRDY: Correlation
Measured on weekly returns over the past three years, Elong Power Holding Limited - Class A (ELPW) and Nerdy Inc. (NRDY) carry a correlation of 0.95, a very strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ELPW and NRDY?
Across a 3-year window, the weekly returns of ELPW and NRDY correlate at 0.95, very strong, meaning they move nearly in lockstep. Little has changed lately, as the 1-year reading of 0.96 lands near the 3-year figure. Stretching to 5 years gives n/a, with an annualized covariance of 3484740.3 %².
Few assets follow ELPW as closely as NRDY, which ranks #3 of 30 tracked partners. Correlation aside, the last 12 months split them widely, with NRDY ahead by 760.0 points (-99.0% versus +661.0%). Note the risk asymmetry: ELPW runs 3.0 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
ELPW vs NRDY: side by side
| ELPW (Elong Power Holding Limited - Class A) | NRDY (Nerdy Inc.) | |
|---|---|---|
| 1-year return | -99.0% | +661.0% |
| 5-year return | n/a | +3.8% |
| Volatility (ann.) | 3332.8% | 1097.1% |
| Beta vs S&P 500 | 3.98 | 2.74 |
| Max drawdown (3Y) | -100.0% | -94.2% |
| Market cap | – | $0.7B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ELPW | NRDY |
|---|---|---|
| 2022 | – | -50.0% |
| 2023 | – | +52.4% |
| 2024 | -87.5% | -52.8% |
| 2025 | -91.4% | -35.8% |
| 2026 | -97.4% | +895.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ELPW and NRDY good diversifiers for each other?
No. With a correlation of 0.95, ELPW and NRDY move nearly in lockstep, so holding both adds very little diversification.
FAQ
What is the correlation between ELPW and NRDY?
The ELPW/NRDY correlation stands at 0.95 on a 3-year window (1 year: 0.96, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is NRDY a good diversifier for ELPW?
No. With a correlation of 0.95, ELPW and NRDY move nearly in lockstep, so holding both adds very little diversification.
What does a correlation of 0.95 mean?
On the −1 to +1 scale, 0.95 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/elpw-vs-nrdy.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/elpw-vs-nrdy/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ELPW correlations · NRDY correlations
