RUN vs SEDG: Correlation
Measured on weekly returns over the past three years, Sunrun Inc. (RUN) and SolarEdge Technologies, Inc. (SEDG) carry a correlation of 0.62, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RUN and SEDG?
Across a 3-year window, the weekly returns of RUN and SEDG correlate at 0.62, strong. The link has loosened recently: the 1-year correlation (0.28) runs below the 3-year figure (0.62). Stretching to 5 years gives 0.65, with an annualized covariance of 5838.7 %².
Among the 16 assets we track against RUN, SEDG ranks #4 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months SEDG outperformed by 44.0 percentage points (-42.7% for RUN against +1.3% for SEDG).
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.
RUN vs SEDG: side by side
| RUN (Sunrun Inc.) | SEDG (SolarEdge Technologies, Inc.) | |
|---|---|---|
| 1-year return | -42.7% | +1.3% |
| 5-year return | -79.7% | -88.7% |
| Volatility (ann.) | 94.7% | 99.4% |
| Beta vs S&P 500 | 1.89 | 0.93 |
| Max drawdown (3Y) | -73.7% | -93.7% |
| Market cap | $2.2B | $2.1B |
| P/E (trailing) | 6.2 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RUN | SEDG |
|---|---|---|
| 2022 | -30.0% | +1.0% |
| 2023 | -18.3% | -67.0% |
| 2024 | -52.9% | -85.5% |
| 2025 | +98.9% | +112.1% |
| 2026 | -50.8% | +16.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RUN and SEDG good diversifiers for each other?
Somewhat, no more. With 0.62 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between RUN and SEDG?
The RUN/SEDG correlation stands at 0.62 on a 3-year window (1 year: 0.28, 5 years: 0.65), computed from weekly returns as of 2026-08-27.
Is SEDG a good diversifier for RUN?
Somewhat, no more. With 0.62 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.62 mean?
A reading of 0.62 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/run-vs-sedg.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/run-vs-sedg/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: RUN correlations · SEDG correlations
