SEB vs VERX: Correlation
Measured on weekly returns over the past three years, Seaboard Corporation (SEB) and Vertex, Inc. (VERX) carry a correlation of -0.28, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SEB and VERX?
Over the past 3 years, SEB and VERX moved with a correlation of -0.28, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.35) sits close to the 3-year figure. Over 5 years the correlation is -0.14, and the annualized covariance of weekly returns is -482.6 %².
Out of 25 assets tracked against SEB, VERX lands near the bottom at #23. Their recent paths diverged sharply: over the last 12 months SEB outperformed by 48.2 percentage points (+4.8% for SEB against -43.4% for VERX). One caveat on sizing: VERX is 1.6 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.
SEB vs VERX: side by side
| SEB (Seaboard Corporation) | VERX (Vertex, Inc.) | |
|---|---|---|
| 1-year return | +4.8% | -43.4% |
| 5-year return | -4.5% | -33.8% |
| Volatility (ann.) | 32.8% | 53.5% |
| Beta vs S&P 500 | -0.07 | 0.99 |
| Max drawdown (3Y) | -37.7% | -82.1% |
| Market cap | $3.8B | $2.3B |
| P/E (trailing) | 6.0 | 715.0 |
| Dividend yield | 0.22% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SEB | VERX |
|---|---|---|
| 2022 | -3.8% | -8.6% |
| 2023 | -5.2% | +85.7% |
| 2024 | -31.7% | +98.0% |
| 2025 | +83.5% | -62.6% |
| 2026 | -11.0% | -28.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SEB and VERX good diversifiers for each other?
By historical standards, yes. A correlation of -0.28 means the two rarely move for the same reasons.
FAQ
What is the correlation between SEB and VERX?
As of 2026-08-27, the correlation of weekly returns between SEB and VERX is -0.28 over 3 years, -0.35 over 1 year and -0.14 over 5 years.
Is VERX a good diversifier for SEB?
By historical standards, yes. A correlation of -0.28 means the two rarely move for the same reasons.
What does a correlation of -0.28 mean?
On the −1 to +1 scale, -0.28 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/seb-vs-verx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/seb-vs-verx/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: SEB correlations · VERX correlations
