EVR vs GS: Correlation
Evercore Inc. (EVR) and Goldman Sachs (GS) show a strong relationship: their 3-year correlation of weekly returns is 0.79.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EVR and GS?
Across a 3-year window, the weekly returns of EVR and GS correlate at 0.79, strong. The relationship has been stable: the 1-year correlation (0.71) sits close to the 3-year figure. Stretching to 5 years gives 0.78, with an annualized covariance of 759.8 %².
Few assets follow EVR as closely as GS, which ranks #3 of 22 tracked partners. Correlation aside, the last 12 months split them widely, with GS ahead by 50.6 points (-9.0% versus +41.6%).
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.
EVR vs GS: side by side
| EVR (Evercore Inc.) | GS (Goldman Sachs) | |
|---|---|---|
| 1-year return | -9.0% | +41.6% |
| 5-year return | +125.5% | +184.1% |
| Volatility (ann.) | 35.8% | 27.0% |
| Beta vs S&P 500 | 1.64 | 1.34 |
| Max drawdown (3Y) | -47.9% | -30.9% |
| Market cap | $11.2B | $303.1B |
| P/E (trailing) | 16.4 | 16.1 |
| Dividend yield | 1.19% | 1.63% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | EVR | GS |
|---|---|---|
| 2022 | -17.6% | -7.9% |
| 2023 | +60.6% | +15.9% |
| 2024 | +64.3% | +52.0% |
| 2025 | +24.3% | +56.6% |
| 2026 | -13.7% | +19.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EVR and GS good diversifiers for each other?
To a limited degree. At 0.79 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 EVR and GS?
The EVR/GS correlation stands at 0.79 on a 3-year window (1 year: 0.71, 5 years: 0.78), computed from weekly returns as of 2026-08-27.
Is GS a good diversifier for EVR?
To a limited degree. At 0.79 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 0.79 mean?
On the −1 to +1 scale, 0.79 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/evr-vs-gs.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/evr-vs-gs/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: EVR correlations · GS correlations
