NWSA vs SEIC: Correlation
News Corp (Class A) (NWSA) and SEI Investments Company (SEIC) show a moderate relationship: their 3-year correlation of weekly returns is 0.50.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NWSA and SEIC?
Over the past 3 years, NWSA and SEIC moved with a correlation of 0.50, which is moderate. Recent behaviour matches the longer record: 0.46 over 1 year against 0.50 over 3. Over 5 years the correlation is 0.52, and the annualized covariance of weekly returns is 239.9 %².
Within NWSA's tracked universe of 42 assets, SEIC comes in at #12 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months SEIC outperformed by 18.4 percentage points (+6.0% for NWSA against +24.4% for SEIC).
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.
NWSA vs SEIC: side by side
| NWSA (News Corp (Class A)) | SEIC (SEI Investments Company) | |
|---|---|---|
| 1-year return | +6.0% | +24.4% |
| 5-year return | +45.9% | +89.5% |
| Volatility (ann.) | 23.4% | 20.7% |
| Beta vs S&P 500 | 0.76 | 0.91 |
| Max drawdown (3Y) | -27.8% | -23.3% |
| Market cap | $16.8B | $13.4B |
| P/E (trailing) | 30.0 | 19.6 |
| Dividend yield | 0.65% | 0.94% |
| Sector / category | Communication Services | US Listed |
Year-by-year returns
| Year | NWSA | SEIC |
|---|---|---|
| 2022 | -17.6% | -2.9% |
| 2023 | +36.4% | +10.6% |
| 2024 | +13.0% | +31.5% |
| 2025 | -4.5% | +0.6% |
| 2026 | +19.9% | +36.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NWSA and SEIC 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 NWSA and SEIC?
The NWSA/SEIC correlation stands at 0.50 on a 3-year window (1 year: 0.46, 5 years: 0.52), computed from weekly returns as of 2026-08-27.
Is SEIC a good diversifier for NWSA?
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?
A reading of 0.50 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: NWSA correlations · SEIC correlations
