BESS vs SPY: Correlation
Bimergen Energy Corporation (BESS) and SPDR S&P 500 ETF Trust (SPY) show a near-zero relationship: their 3-year correlation of weekly returns is 0.05.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BESS and SPY?
On 3 years of weekly data the BESS/SPY correlation comes out at 0.05, near zero, meaning they move largely independently. The past 12 months show a tighter link (0.22) than the 3-year average (0.05). The 5-year figure is 0.04, and annualized covariance runs at 3554.2 %².
Among the 51 assets we track against BESS, SPY ranks #20 by 3-year correlation. Correlation aside, the last 12 months split them widely, with SPY ahead by 71.0 points (-50.4% versus +20.6%). Risk is not evenly split, since BESS carries 354.5 times the volatility of the other side.
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.
BESS vs SPY: side by side
| BESS (Bimergen Energy Corporation) | SPY (SPDR S&P 500 ETF Trust) | |
|---|---|---|
| 1-year return | -50.4% | +20.6% |
| 5-year return | -87.7% | +82.4% |
| Volatility (ann.) | 5140.2% | 14.5% |
| Beta vs S&P 500 | 17.01 | 1.00 |
| Max drawdown (3Y) | -99.5% | -18.8% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 1.01% |
| Expense ratio | – | 0.09% |
| Assets under management | – | $795.3B |
| Sector / category | US Listed | ETF · US Large Cap |
SPY is a Large Blend fund from State Street Investment Management: $795.3B under management, 504 holdings, a 0.09% expense ratio, a 1.01% trailing dividend yield.
Year-by-year returns
| Year | BESS | SPY |
|---|---|---|
| 2022 | -30.0% | -18.2% |
| 2023 | -14.3% | +26.2% |
| 2024 | +16.7% | +24.9% |
| 2025 | +7.1% | +17.7% |
| 2026 | -70.5% | +13.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BESS and SPY good diversifiers for each other?
Yes. With a correlation of 0.05, BESS and SPY have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between BESS and SPY?
As of 2026-08-27, the correlation of weekly returns between BESS and SPY is 0.05 over 3 years, 0.22 over 1 year and 0.04 over 5 years.
Is SPY a good diversifier for BESS?
Yes. With a correlation of 0.05, BESS and SPY have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of 0.05 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
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Related comparisons
Hubs: BESS correlations · SPY correlations
