EVR vs PWP: Correlation
Evercore Inc. (EVR) and Perella Weinberg Partners (PWP) show a strong relationship: their 3-year correlation of weekly returns is 0.66.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EVR and PWP?
Over the past 3 years, EVR and PWP moved with a correlation of 0.66, which is strong. The link has loosened recently: the 1-year correlation (0.46) runs below the 3-year figure (0.66). Over 5 years the correlation is 0.64, and the annualized covariance of weekly returns is 947.9 %².
By 3-year correlation, PWP places #13 of the 22 assets tracked against EVR. Over the last 12 months EVR came out ahead by 14.3 percentage points (-9.0% against -23.3%).
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 PWP: side by side
| EVR (Evercore Inc.) | PWP (Perella Weinberg Partners) | |
|---|---|---|
| 1-year return | -9.0% | -23.3% |
| 5-year return | +125.5% | +35.6% |
| Volatility (ann.) | 35.8% | 40.0% |
| Beta vs S&P 500 | 1.64 | 1.36 |
| Max drawdown (3Y) | -47.9% | -43.1% |
| Market cap | $11.2B | $1.7B |
| P/E (trailing) | 16.4 | 62.8 |
| Dividend yield | 1.19% | 1.70% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EVR | PWP |
|---|---|---|
| 2022 | -17.6% | -21.2% |
| 2023 | +60.6% | +28.4% |
| 2024 | +64.3% | +98.2% |
| 2025 | +24.3% | -26.5% |
| 2026 | -13.7% | -1.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EVR and PWP good diversifiers for each other?
Somewhat, no more. With 0.66 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between EVR and PWP?
The EVR/PWP correlation stands at 0.66 on a 3-year window (1 year: 0.46, 5 years: 0.64), computed from weekly returns as of 2026-08-27.
Is PWP a good diversifier for EVR?
Somewhat, no more. With 0.66 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.66 mean?
A reading of 0.66 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/evr-vs-pwp.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/evr-vs-pwp/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: EVR correlations · PWP correlations
