NFJ vs XPER: Correlation
How closely do Virtus Dividend, Interest & Premium Strategy Fund (NFJ) and Xperi Inc. (XPER) trade together? Their weekly returns over three years give a correlation of 0.50, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NFJ and XPER?
Across a 3-year window, the weekly returns of NFJ and XPER correlate at 0.50, moderate. The past 12 months show a weaker link (0.39) than the 3-year average (0.50). Stretching to 5 years gives 0.32, with an annualized covariance of 301.4 %².
Within NFJ's tracked universe of 34 assets, XPER comes in at #25 by 3-year correlation. Correlation aside, the last 12 months split them widely, with NFJ ahead by 31.3 points (+31.0% versus -0.3%). Risk is not evenly split, since XPER carries 3.2 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.
NFJ vs XPER: side by side
| NFJ (Virtus Dividend, Interest & Premium Strategy Fund) | XPER (Xperi Inc.) | |
|---|---|---|
| 1-year return | +31.0% | -0.3% |
| 5-year return | +50.8% | n/a |
| Volatility (ann.) | 13.8% | 43.6% |
| Beta vs S&P 500 | 0.73 | 1.29 |
| Max drawdown (3Y) | -17.0% | -57.6% |
| Market cap | $1.5B | $0.3B |
| P/E (trailing) | 9.8 | – |
| Dividend yield | 7.83% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | NFJ | XPER |
|---|---|---|
| 2022 | -23.9% | – |
| 2023 | +21.3% | +28.0% |
| 2024 | +10.0% | -6.8% |
| 2025 | +12.4% | -42.9% |
| 2026 | +26.1% | +3.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NFJ and XPER good diversifiers for each other?
To a limited degree. At 0.50 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between NFJ and XPER?
As of 2026-08-27, the correlation of weekly returns between NFJ and XPER is 0.50 over 3 years, 0.39 over 1 year and 0.32 over 5 years.
Is XPER a good diversifier for NFJ?
To a limited degree. At 0.50 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.50 mean?
On the −1 to +1 scale, 0.50 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/nfj-vs-xper.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/nfj-vs-xper/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: NFJ correlations · XPER correlations
