PSFE vs WD: Correlation
Measured on weekly returns over the past three years, Paysafe Limited (PSFE) and Walker & Dunlop, Inc (WD) carry a correlation of 0.47, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PSFE and WD?
Over the past 3 years, PSFE and WD moved with a correlation of 0.47, which is moderate. Recent behaviour matches the longer record: 0.45 over 1 year against 0.47 over 3. Over 5 years the correlation is 0.41, and the annualized covariance of weekly returns is 1102.1 %².
Within PSFE's tracked universe of 13 assets, WD comes in at #5 by 3-year correlation. Twelve-month performance is nearly a tie, at -52.2% for PSFE and -51.0% for WD. Note the risk asymmetry: PSFE runs 1.6 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
PSFE vs WD: side by side
| PSFE (Paysafe Limited) | WD (Walker & Dunlop, Inc) | |
|---|---|---|
| 1-year return | -52.2% | -51.0% |
| 5-year return | -93.3% | -53.5% |
| Volatility (ann.) | 60.9% | 38.5% |
| Beta vs S&P 500 | 1.61 | 1.12 |
| Max drawdown (3Y) | -76.6% | -63.4% |
| Market cap | $0.4B | $1.4B |
| P/E (trailing) | – | 36.0 |
| Dividend yield | 0.00% | 6.70% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PSFE | WD |
|---|---|---|
| 2022 | -70.4% | -46.8% |
| 2023 | -7.9% | +46.0% |
| 2024 | +33.7% | -10.1% |
| 2025 | -52.7% | -35.9% |
| 2026 | -16.9% | -29.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PSFE and WD good diversifiers for each other?
A fair diversifier. At 0.47, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between PSFE and WD?
As of 2026-08-27, the correlation of weekly returns between PSFE and WD is 0.47 over 3 years, 0.45 over 1 year and 0.41 over 5 years.
Is WD a good diversifier for PSFE?
A fair diversifier. At 0.47, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.47 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
$ curl https://www.pairbook.io/api/v1/pairs/psfe-vs-wd.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/psfe-vs-wd/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: PSFE correlations · WD correlations
