RENT vs VERU: Correlation
Measured on weekly returns over the past three years, Rent the Runway, Inc. (RENT) and Veru Inc. (VERU) carry a correlation of 0.34, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RENT and VERU?
Across a 3-year window, the weekly returns of RENT and VERU correlate at 0.34, moderate. The link has loosened recently: the 1-year correlation (-0.04) runs below the 3-year figure (0.34). Stretching to 5 years gives 0.20, with an annualized covariance of 6841.7 %².
Among the 18 assets we track against RENT, VERU ranks #9 by 3-year correlation. Correlation aside, the last 12 months split them widely, with VERU ahead by 19.1 points (-35.8% versus -16.7%). Note the risk asymmetry: RENT runs 2.2 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.
RENT vs VERU: side by side
| RENT (Rent the Runway, Inc.) | VERU (Veru Inc.) | |
|---|---|---|
| 1-year return | -35.8% | -16.7% |
| 5-year return | -99.1% | -96.9% |
| Volatility (ann.) | 212.1% | 94.7% |
| Beta vs S&P 500 | 2.17 | 0.37 |
| Max drawdown (3Y) | -91.6% | -88.3% |
| Market cap | $0.1B | – |
| P/E (trailing) | 0.5 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RENT | VERU |
|---|---|---|
| 2022 | -62.6% | -10.4% |
| 2023 | -82.7% | -86.4% |
| 2024 | -19.5% | -9.7% |
| 2025 | -6.9% | -67.1% |
| 2026 | -54.4% | +28.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RENT and VERU good diversifiers for each other?
Reasonably. At 0.34, RENT and VERU keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between RENT and VERU?
The RENT/VERU correlation stands at 0.34 on a 3-year window (1 year: -0.04, 5 years: 0.20), computed from weekly returns as of 2026-08-27.
Is VERU a good diversifier for RENT?
Reasonably. At 0.34, RENT and VERU keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.34 mean?
On the −1 to +1 scale, 0.34 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/rent-vs-veru.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/rent-vs-veru/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: RENT correlations · VERU correlations
