GEN vs SEB: Correlation
Gen Digital (GEN) and Seaboard Corporation (SEB) show a negative relationship: their 3-year correlation of weekly returns is -0.17.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GEN and SEB?
On 3 years of weekly data the GEN/SEB correlation comes out at -0.17, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.41) runs below the 3-year figure (-0.17). The 5-year figure is -0.04, and annualized covariance runs at -176.0 %².
Within GEN's tracked universe of 36 assets, SEB comes in at #29 by 3-year correlation. Their 12-month results are close: +1.2% for GEN against +4.8% for SEB.
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.
GEN vs SEB: side by side
| GEN (Gen Digital) | SEB (Seaboard Corporation) | |
|---|---|---|
| 1-year return | +1.2% | +4.8% |
| 5-year return | +26.3% | -4.5% |
| Volatility (ann.) | 31.7% | 32.8% |
| Beta vs S&P 500 | 1.02 | -0.07 |
| Max drawdown (3Y) | -43.6% | -37.7% |
| Market cap | $18.3B | $3.8B |
| P/E (trailing) | 17.3 | 6.0 |
| Dividend yield | 1.69% | 0.22% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | GEN | SEB |
|---|---|---|
| 2022 | -15.8% | -3.8% |
| 2023 | +9.3% | -5.2% |
| 2024 | +22.4% | -31.7% |
| 2025 | +1.1% | +83.5% |
| 2026 | +13.9% | -11.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GEN and SEB good diversifiers for each other?
Yes. With a correlation of -0.17, GEN and SEB have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between GEN and SEB?
The GEN/SEB correlation stands at -0.17 on a 3-year window (1 year: -0.41, 5 years: -0.04), computed from weekly returns as of 2026-08-27.
Is SEB a good diversifier for GEN?
Yes. With a correlation of -0.17, GEN and SEB have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.17 mean?
A reading of -0.17 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/gen-vs-seb.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/gen-vs-seb/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GEN correlations · SEB correlations
