NEXR vs WILC: Correlation
Nexera Technologies Ltd (NEXR) and G. Willi-Food International, Ltd. (WILC) show a moderate relationship: their 3-year correlation of weekly returns is 0.39.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NEXR and WILC?
Across a 3-year window, the weekly returns of NEXR and WILC correlate at 0.39, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.10 versus 0.39 over 3 years. Stretching to 5 years gives 0.32, with an annualized covariance of 9342.8 %².
By 3-year correlation, WILC places #13 of the 22 assets tracked against NEXR. Their recent paths diverged sharply: over the last 12 months WILC outperformed by 140.5 percentage points (-99.7% for NEXR against +40.8% for WILC). One caveat on sizing: NEXR is 17.9 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.
NEXR vs WILC: side by side
| NEXR (Nexera Technologies Ltd) | WILC (G. Willi-Food International, Ltd.) | |
|---|---|---|
| 1-year return | -99.7% | +40.8% |
| 5-year return | n/a | +69.9% |
| Volatility (ann.) | 656.6% | 36.7% |
| Beta vs S&P 500 | 3.62 | 0.54 |
| Max drawdown (3Y) | -100.0% | -30.6% |
| Market cap | – | $0.4B |
| P/E (trailing) | – | 16.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | NEXR | WILC |
|---|---|---|
| 2022 | – | -26.1% |
| 2023 | -62.4% | -17.5% |
| 2024 | -15.7% | +62.6% |
| 2025 | -98.1% | +86.6% |
| 2026 | -98.3% | +2.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NEXR and WILC good diversifiers for each other?
Reasonably. At 0.39, NEXR and WILC keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between NEXR and WILC?
As of 2026-08-27, the correlation of weekly returns between NEXR and WILC is 0.39 over 3 years, 0.10 over 1 year and 0.32 over 5 years.
Is WILC a good diversifier for NEXR?
Reasonably. At 0.39, NEXR and WILC keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.39 mean?
On the −1 to +1 scale, 0.39 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/nexr-vs-wilc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/nexr-vs-wilc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: NEXR correlations · WILC correlations
