EFX vs SPYV: Correlation
How closely do Equifax (EFX) and SPDR Portfolio S&P 500 Value ETF (SPYV) trade together? Their weekly returns over three years give a correlation of 0.60, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EFX and SPYV?
Across a 3-year window, the weekly returns of EFX and SPYV correlate at 0.60, strong. The past 12 months show a weaker link (0.41) than the 3-year average (0.60). Stretching to 5 years gives 0.62, with an annualized covariance of 241.4 %².
By 3-year correlation, SPYV places #5 of the 53 assets tracked against EFX. Their recent paths diverged sharply: over the last 12 months SPYV outperformed by 40.3 percentage points (-21.8% for EFX against +18.5% for SPYV). Across three years, the rolling one-year figure varied moderately, from 0.37 to 0.74. Risk is not evenly split, since EFX carries 2.8 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.
EFX vs SPYV: side by side
| EFX (Equifax) | SPYV (SPDR Portfolio S&P 500 Value ETF) | |
|---|---|---|
| 1-year return | -21.8% | +18.5% |
| 5-year return | -26.0% | +73.5% |
| Volatility (ann.) | 33.3% | 12.1% |
| Beta vs S&P 500 | 1.25 | 0.70 |
| Max drawdown (3Y) | -49.7% | -17.5% |
| Market cap | $22.4B | – |
| P/E (trailing) | 33.5 | – |
| Dividend yield | 1.11% | 1.69% |
| Expense ratio | – | 0.04% |
| Assets under management | – | $36.2B |
| Sector / category | Industrials | ETF · US Style |
SPYV, State Street Investment Management's Large Value fund, carries $36.2B under management, 438 holdings, a 0.04% expense ratio, a 1.69% trailing dividend yield.
Year-by-year returns
| Year | EFX | SPYV |
|---|---|---|
| 2022 | -33.1% | -5.3% |
| 2023 | +28.2% | +22.2% |
| 2024 | +3.7% | +12.2% |
| 2025 | -14.2% | +13.2% |
| 2026 | -11.7% | +12.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Fund exposure
EFX represents 0.07% of SPYV's portfolio, so part of any move in SPYV is EFX itself, and the correlation between them is partly mechanical.
Are EFX and SPYV good diversifiers for each other?
Somewhat, no more. With 0.60 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between EFX and SPYV?
The EFX/SPYV correlation stands at 0.60 on a 3-year window (1 year: 0.41, 5 years: 0.62), computed from weekly returns as of 2026-08-27.
Is SPYV a good diversifier for EFX?
Somewhat, no more. With 0.60 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.60 mean?
On the −1 to +1 scale, 0.60 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/efx-vs-spyv.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/efx-vs-spyv/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: EFX correlations · SPYV correlations
