GHC vs NRDS: Correlation
Graham Holdings Company (GHC) and NerdWallet, Inc. (NRDS) show a moderate relationship: their 3-year correlation of weekly returns is 0.49.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GHC and NRDS?
On 3 years of weekly data the GHC/NRDS correlation comes out at 0.49, moderate. Little has changed lately, as the 1-year reading of 0.41 lands near the 3-year figure. The 5-year figure is 0.37, and annualized covariance runs at 722.7 %².
Among the 16 assets we track against GHC, NRDS ranks #7 by 3-year correlation. Over the last 12 months GHC came out ahead by 12.6 percentage points (+5.2% against -7.4%). Note the risk asymmetry: NRDS runs 2.1 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
GHC vs NRDS: side by side
| GHC (Graham Holdings Company) | NRDS (NerdWallet, Inc.) | |
|---|---|---|
| 1-year return | +5.2% | -7.4% |
| 5-year return | +94.6% | -65.7% |
| Volatility (ann.) | 26.8% | 55.3% |
| Beta vs S&P 500 | 0.78 | 1.08 |
| Max drawdown (3Y) | -19.8% | -55.4% |
| Market cap | $4.8B | $0.6B |
| P/E (trailing) | 9.2 | 10.9 |
| Dividend yield | 0.63% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GHC | NRDS |
|---|---|---|
| 2022 | -3.0% | -38.3% |
| 2023 | +16.6% | +53.3% |
| 2024 | +26.3% | -9.6% |
| 2025 | +27.0% | +1.9% |
| 2026 | +4.5% | -28.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GHC and NRDS good diversifiers for each other?
Reasonably. At 0.49, GHC and NRDS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between GHC and NRDS?
Using weekly returns as of 2026-08-27: 0.49 over 3 years, with 0.41 over the last year and 0.37 over 5 years.
Is NRDS a good diversifier for GHC?
Reasonably. At 0.49, GHC and NRDS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.49 mean?
A reading of 0.49 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/ghc-vs-nrds.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ghc-vs-nrds/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: GHC correlations · NRDS correlations
