EZRA vs SES: Correlation
How closely do Reliance Global Group, Inc. (EZRA) and SES AI Corporation (SES) trade together? Their weekly returns over three years give a correlation of 0.40, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EZRA and SES?
Over the past 3 years, EZRA and SES moved with a correlation of 0.40, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.06 versus 0.40 over 3 years. Over 5 years the correlation is 0.33, and the annualized covariance of weekly returns is 17564.0 %².
By 3-year correlation, SES places #4 of the 12 assets tracked against EZRA. The last year tells two different stories: SES led by 41.3 percentage points, -92.3% for EZRA against -51.0% for SES. One caveat on sizing: SES is 2.0 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.
EZRA vs SES: side by side
| EZRA (Reliance Global Group, Inc.) | SES (SES AI Corporation) | |
|---|---|---|
| 1-year return | -92.3% | -51.0% |
| 5-year return | -100.0% | -94.5% |
| Volatility (ann.) | 149.2% | 294.5% |
| Beta vs S&P 500 | 1.32 | 2.43 |
| Max drawdown (3Y) | -99.9% | -89.7% |
| Market cap | – | $0.2B |
| P/E (trailing) | 0.9 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EZRA | SES |
|---|---|---|
| 2022 | -91.2% | -68.3% |
| 2023 | -93.7% | -41.9% |
| 2024 | -71.7% | +19.7% |
| 2025 | -79.6% | -17.8% |
| 2026 | -86.0% | -69.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EZRA and SES good diversifiers for each other?
A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between EZRA and SES?
The EZRA/SES correlation stands at 0.40 on a 3-year window (1 year: 0.06, 5 years: 0.33), computed from weekly returns as of 2026-08-27.
Is SES a good diversifier for EZRA?
A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.40 mean?
On the −1 to +1 scale, 0.40 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/ezra-vs-ses.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ezra-vs-ses/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: EZRA correlations · SES correlations
