April 9, 2015 3:13 PM EDT

“Hold On, We’re Going Home,” the second single from Drake’s album Nothing Was the Same, has demonstrated some serious staying power with a diverse array of covers by Dev Hynes, the Arctic Monkeys and Foster the People, among others. Now Swedish singer-songwriter Lykke Li offers her take on the song, returning the favor Drake paid when he remixed her 2008 song “Little Bit” for a mixtape the following year.

In her rendition, Li slows the tempo and strips the song of percussion until around the halfway point. Her vocals are impassioned and emotional, backed by a healthy dose of reverb, subtle harmonies and Li’s fluttering falsetto chirps. By the time the song reaches its denouement, it’s miles from Drake’s cleanly-produced, radio-ready original.

Both artists will perform at this week’s Coachella music festival in Indio, Calif., where perhaps they’ll take the next step in their relationship—moving from distant admiration to an onstage, in-the-flesh duet.

Write to Eliza Berman at eliza.berman@time.com.

Read More From TIME

Related Stories