NBXG vs TTWO: Correlation
Neuberger Next Generation Connectivity Fund Inc. (NBXG) and Take-Two Interactive (TTWO) show a moderate relationship: their 3-year correlation of weekly returns is 0.48.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NBXG and TTWO?
Over the past 3 years, NBXG and TTWO moved with a correlation of 0.48, which is moderate. Recent behaviour matches the longer record: 0.50 over 1 year against 0.48 over 3. Over 5 years the correlation is 0.42, and the annualized covariance of weekly returns is 294.5 %².
Within NBXG's tracked universe of 31 assets, TTWO comes in at #25 by 3-year correlation. The trailing year gives NBXG the advantage: +13.8% versus +0.4%, a 13.4-point spread.
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.
NBXG vs TTWO: side by side
| NBXG (Neuberger Next Generation Connectivity Fund Inc.) | TTWO (Take-Two Interactive) | |
|---|---|---|
| 1-year return | +13.8% | +0.4% |
| 5-year return | +25.6% | +47.3% |
| Volatility (ann.) | 22.4% | 27.3% |
| Beta vs S&P 500 | 1.28 | 0.85 |
| Max drawdown (3Y) | -22.1% | -27.7% |
| Market cap | $1.2B | $43.6B |
| P/E (trailing) | 3.4 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | Communication Services |
Year-by-year returns
| Year | NBXG | TTWO |
|---|---|---|
| 2022 | -41.4% | -41.4% |
| 2023 | +34.9% | +54.6% |
| 2024 | +28.5% | +14.4% |
| 2025 | +24.2% | +39.1% |
| 2026 | +13.0% | -9.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NBXG and TTWO good diversifiers for each other?
Reasonably. At 0.48, NBXG and TTWO keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between NBXG and TTWO?
The NBXG/TTWO correlation stands at 0.48 on a 3-year window (1 year: 0.50, 5 years: 0.42), computed from weekly returns as of 2026-08-27.
Is TTWO a good diversifier for NBXG?
Reasonably. At 0.48, NBXG and TTWO keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.48 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.
Use this data
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Related comparisons
Hubs: NBXG correlations · TTWO correlations
