FVRR vs GLBE: Correlation
Measured on weekly returns over the past three years, Fiverr International Ltd. (FVRR) and Global-E Online Ltd. (GLBE) carry a correlation of 0.42, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FVRR and GLBE?
On 3 years of weekly data the FVRR/GLBE correlation comes out at 0.42, moderate. The past 12 months show a weaker link (0.20) than the 3-year average (0.42). The 5-year figure is 0.44, and annualized covariance runs at 1085.7 %².
By 3-year correlation, GLBE places #4 of the 12 assets tracked against FVRR. The last year tells two different stories: GLBE led by 78.9 percentage points, -59.5% for FVRR against +19.4% for GLBE.
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.
FVRR vs GLBE: side by side
| FVRR (Fiverr International Ltd.) | GLBE (Global-E Online Ltd.) | |
|---|---|---|
| 1-year return | -59.5% | +19.4% |
| 5-year return | -94.9% | -51.4% |
| Volatility (ann.) | 50.3% | 51.3% |
| Beta vs S&P 500 | 1.08 | 1.64 |
| Max drawdown (3Y) | -75.6% | -56.2% |
| Market cap | $0.3B | $6.6B |
| P/E (trailing) | 11.7 | 44.4 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FVRR | GLBE |
|---|---|---|
| 2022 | -74.4% | -67.4% |
| 2023 | -6.6% | +92.0% |
| 2024 | +16.6% | +37.6% |
| 2025 | -37.7% | -27.9% |
| 2026 | -52.5% | +0.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FVRR and GLBE good diversifiers for each other?
Reasonably. At 0.42, FVRR and GLBE keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between FVRR and GLBE?
Using weekly returns as of 2026-08-27: 0.42 over 3 years, with 0.20 over the last year and 0.44 over 5 years.
Is GLBE a good diversifier for FVRR?
Reasonably. At 0.42, FVRR and GLBE keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.42 mean?
A reading of 0.42 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/fvrr-vs-glbe.json
Embed this badge (it refreshes with the data), with attribution:
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Related comparisons
Hubs: FVRR correlations · GLBE correlations
