MTCH vs WBUY: Correlation
How closely do Match Group, Inc. (MTCH) and WEBUY GLOBAL LTD. - Class A (WBUY) trade together? Their weekly returns over three years give a correlation of -0.23, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MTCH and WBUY?
Over the past 3 years, MTCH and WBUY moved with a correlation of -0.23, which is negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (0.22) than the 3-year average (-0.23). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -1438.5 %².
Among the 12 assets we track against MTCH, WBUY sits near the bottom by co-movement, at rank #11. Correlation aside, the last 12 months split them widely, with MTCH ahead by 85.2 points (+12.6% versus -72.6%). Risk is not evenly split, since WBUY carries 6.1 times the volatility of the other side.
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.
MTCH vs WBUY: side by side
| MTCH (Match Group, Inc.) | WBUY (WEBUY GLOBAL LTD. - Class A) | |
|---|---|---|
| 1-year return | +12.6% | -72.6% |
| 5-year return | -69.2% | n/a |
| Volatility (ann.) | 32.0% | 193.8% |
| Beta vs S&P 500 | 0.49 | 1.81 |
| Max drawdown (3Y) | -41.6% | -99.9% |
| Market cap | $9.6B | – |
| P/E (trailing) | 14.9 | – |
| Dividend yield | 1.85% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MTCH | WBUY |
|---|---|---|
| 2022 | -68.6% | – |
| 2023 | -12.0% | – |
| 2024 | -10.4% | -66.1% |
| 2025 | +1.0% | -93.7% |
| 2026 | +29.9% | -33.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MTCH and WBUY good diversifiers for each other?
Yes. With a correlation of -0.23, MTCH and WBUY have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between MTCH and WBUY?
Using weekly returns as of 2026-08-27: -0.23 over 3 years, with 0.22 over the last year and n/a over 5 years.
Is WBUY a good diversifier for MTCH?
Yes. With a correlation of -0.23, MTCH and WBUY have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.23 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
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Related comparisons
Hubs: MTCH correlations · WBUY correlations
