IVVD vs SEGG: Correlation
How closely do Invivyd, Inc. (IVVD) and Sports Entertainment Gaming Global Corporation (SEGG) trade together? Their weekly returns over three years give a correlation of 0.54, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IVVD and SEGG?
On 3 years of weekly data the IVVD/SEGG correlation comes out at 0.54, moderate. Lately the two have drifted apart, with the 1-year correlation at -0.12 versus 0.54 over 3 years. The 5-year figure is n/a, and annualized covariance runs at 64414.8 %².
Few assets follow IVVD as closely as SEGG, which ranks #2 of 24 tracked partners. Their recent paths diverged sharply: over the last 12 months IVVD outperformed by 60.1 percentage points (+3.3% for IVVD against -56.8% for SEGG).
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.
IVVD vs SEGG: side by side
| IVVD (Invivyd, Inc.) | SEGG (Sports Entertainment Gaming Global Corporation) | |
|---|---|---|
| 1-year return | +3.3% | -56.8% |
| 5-year return | -97.2% | n/a |
| Volatility (ann.) | 305.9% | 389.2% |
| Beta vs S&P 500 | 1.87 | 0.24 |
| Max drawdown (3Y) | -92.9% | -98.9% |
| Market cap | $0.3B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | IVVD | SEGG |
|---|---|---|
| 2022 | -79.3% | – |
| 2023 | +162.7% | – |
| 2024 | -88.8% | -82.1% |
| 2025 | +457.6% | -84.9% |
| 2026 | -63.6% | +274.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IVVD and SEGG good diversifiers for each other?
Somewhat, no more. With 0.54 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between IVVD and SEGG?
Using weekly returns as of 2026-08-27: 0.54 over 3 years, with -0.12 over the last year and n/a over 5 years.
Is SEGG a good diversifier for IVVD?
Somewhat, no more. With 0.54 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.54 mean?
A reading of 0.54 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/ivvd-vs-segg.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ivvd-vs-segg/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: IVVD correlations · SEGG correlations
