SEGG vs TROW: Correlation
Sports Entertainment Gaming Global Corporation (SEGG) and T. Rowe Price (TROW) show a negative relationship: their 3-year correlation of weekly returns is -0.13.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SEGG and TROW?
Over the past 3 years, SEGG and TROW moved with a correlation of -0.13, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.12 over 1 year against -0.13 over 3. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -1222.9 %².
Among the 29 assets we track against SEGG, TROW ranks #12 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months TROW outperformed by 64.9 percentage points (-56.8% for SEGG against +8.1% for TROW). Note the risk asymmetry: SEGG runs 16.6 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.
SEGG vs TROW: side by side
| SEGG (Sports Entertainment Gaming Global Corporation) | TROW (T. Rowe Price) | |
|---|---|---|
| 1-year return | -56.8% | +8.1% |
| 5-year return | n/a | -37.0% |
| Volatility (ann.) | 389.2% | 23.5% |
| Beta vs S&P 500 | 0.24 | 1.10 |
| Max drawdown (3Y) | -98.9% | -34.0% |
| Market cap | – | $24.0B |
| P/E (trailing) | – | 11.3 |
| Dividend yield | 0.00% | 4.57% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | SEGG | TROW |
|---|---|---|
| 2022 | – | -42.2% |
| 2023 | – | +3.4% |
| 2024 | -82.1% | +9.7% |
| 2025 | -84.9% | -4.7% |
| 2026 | +274.0% | +12.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SEGG and TROW good diversifiers for each other?
Yes. With a correlation of -0.13, SEGG and TROW have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between SEGG and TROW?
As of 2026-08-27, the correlation of weekly returns between SEGG and TROW is -0.13 over 3 years, -0.12 over 1 year and n/a over 5 years.
Is TROW a good diversifier for SEGG?
Yes. With a correlation of -0.13, SEGG and TROW have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.13 mean?
On the −1 to +1 scale, -0.13 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/segg-vs-trow.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/segg-vs-trow/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: SEGG correlations · TROW correlations
