RDVT vs SEZL: Correlation
Measured on weekly returns over the past three years, Red Violet, Inc. (RDVT) and Sezzle Inc. (SEZL) carry a correlation of 0.45, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RDVT and SEZL?
On 3 years of weekly data the RDVT/SEZL correlation comes out at 0.45, moderate. Little has changed lately, as the 1-year reading of 0.44 lands near the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at 2833.0 %².
Among the 16 assets we track against RDVT, SEZL ranks #9 by 3-year correlation. The trailing year gives RDVT the advantage: +46.1% versus +35.7%, a 10.4-point spread. One caveat on sizing: SEZL is 3.1 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.
RDVT vs SEZL: side by side
| RDVT (Red Violet, Inc.) | SEZL (Sezzle Inc.) | |
|---|---|---|
| 1-year return | +46.1% | +35.7% |
| 5-year return | +153.0% | n/a |
| Volatility (ann.) | 45.1% | 139.3% |
| Beta vs S&P 500 | 1.12 | 3.39 |
| Max drawdown (3Y) | -42.1% | -90.0% |
| Market cap | $1.2B | $4.2B |
| P/E (trailing) | 63.2 | 27.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RDVT | SEZL |
|---|---|---|
| 2022 | -42.0% | – |
| 2023 | -13.2% | – |
| 2024 | +81.3% | +1146.6% |
| 2025 | +58.6% | +48.9% |
| 2026 | +26.4% | +98.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RDVT and SEZL good diversifiers for each other?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between RDVT and SEZL?
As of 2026-08-27, the correlation of weekly returns between RDVT and SEZL is 0.45 over 3 years, 0.44 over 1 year and n/a over 5 years.
Is SEZL a good diversifier for RDVT?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.45 mean?
A reading of 0.45 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/rdvt-vs-sezl.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/rdvt-vs-sezl/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: RDVT correlations · SEZL correlations
