GL vs VERU: Correlation
How closely do Globe Life (GL) and Veru Inc. (VERU) trade together? Their weekly returns over three years give a correlation of -0.34, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GL and VERU?
On 3 years of weekly data the GL/VERU correlation comes out at -0.34, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.13) runs above the 3-year figure (-0.34). The 5-year figure is -0.12, and annualized covariance runs at -1133.9 %².
Out of 30 assets tracked against GL, VERU lands near the bottom at #28. Their recent paths diverged sharply: over the last 12 months GL outperformed by 42.8 percentage points (+26.1% for GL against -16.7% for VERU). One caveat on sizing: VERU is 2.7 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.
GL vs VERU: side by side
| GL (Globe Life) | VERU (Veru Inc.) | |
|---|---|---|
| 1-year return | +26.1% | -16.7% |
| 5-year return | +91.0% | -96.9% |
| Volatility (ann.) | 35.7% | 94.7% |
| Beta vs S&P 500 | 0.60 | 0.37 |
| Max drawdown (3Y) | -61.6% | -88.3% |
| Market cap | $13.5B | – |
| P/E (trailing) | 11.7 | – |
| Dividend yield | 0.68% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | GL | VERU |
|---|---|---|
| 2022 | +29.7% | -10.4% |
| 2023 | +1.8% | -86.4% |
| 2024 | -7.5% | -9.7% |
| 2025 | +26.5% | -67.1% |
| 2026 | +26.5% | +28.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GL and VERU good diversifiers for each other?
By historical standards, yes. A correlation of -0.34 means the two rarely move for the same reasons.
FAQ
What is the correlation between GL and VERU?
The GL/VERU correlation stands at -0.34 on a 3-year window (1 year: 0.13, 5 years: -0.12), computed from weekly returns as of 2026-08-27.
Is VERU a good diversifier for GL?
By historical standards, yes. A correlation of -0.34 means the two rarely move for the same reasons.
What does a correlation of -0.34 mean?
A reading of -0.34 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/gl-vs-veru.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gl-vs-veru/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GL correlations · VERU correlations
