EVER vs GBTG: Correlation
Measured on weekly returns over the past three years, EverQuote, Inc. (EVER) and Global Business Travel Group, Inc. (GBTG) carry a correlation of 0.50, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EVER and GBTG?
Over the past 3 years, EVER and GBTG moved with a correlation of 0.50, which is moderate. Lately the two have moved closer together, with the 1-year correlation at 0.77 versus 0.50 over 3 years. Over 5 years the correlation is 0.32, and the annualized covariance of weekly returns is 1540.3 %².
In EVER's tracked universe of 11 assets, GBTG sits right near the top at #2. On 12-month performance GBTG holds a 10.0-point edge, +4.8% against +14.8%.
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.
EVER vs GBTG: side by side
| EVER (EverQuote, Inc.) | GBTG (Global Business Travel Group, Inc.) | |
|---|---|---|
| 1-year return | +4.8% | +14.8% |
| 5-year return | +31.1% | n/a |
| Volatility (ann.) | 60.8% | 50.5% |
| Beta vs S&P 500 | 1.22 | 1.39 |
| Max drawdown (3Y) | -52.0% | -48.0% |
| Market cap | $0.9B | $4.9B |
| P/E (trailing) | 8.5 | 59.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EVER | GBTG |
|---|---|---|
| 2022 | -5.9% | – |
| 2023 | -17.0% | -4.4% |
| 2024 | +63.3% | +43.9% |
| 2025 | +35.1% | -17.6% |
| 2026 | -8.1% | +23.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EVER and GBTG good diversifiers for each other?
To a limited degree. At 0.50 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 EVER and GBTG?
Using weekly returns as of 2026-08-27: 0.50 over 3 years, with 0.77 over the last year and 0.32 over 5 years.
Is GBTG a good diversifier for EVER?
To a limited degree. At 0.50 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 0.50 mean?
A reading of 0.50 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/ever-vs-gbtg.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ever-vs-gbtg/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: EVER correlations · GBTG correlations
