EVRG vs SPT: Correlation
Evergy (EVRG) and Sprout Social, Inc (SPT) show a negative relationship: their 3-year correlation of weekly returns is -0.19.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EVRG and SPT?
Over the past 3 years, EVRG and SPT moved with a correlation of -0.19, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.23) sits close to the 3-year figure. Over 5 years the correlation is -0.07, and the annualized covariance of weekly returns is -189.0 %².
Within EVRG's tracked universe of 44 assets, SPT comes in at #37 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months EVRG outperformed by 46.5 percentage points (+16.9% for EVRG against -29.6% for SPT). One caveat on sizing: SPT is 3.1 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.
EVRG vs SPT: side by side
| EVRG (Evergy) | SPT (Sprout Social, Inc) | |
|---|---|---|
| 1-year return | +16.9% | -29.6% |
| 5-year return | +46.3% | -91.0% |
| Volatility (ann.) | 17.9% | 55.5% |
| Beta vs S&P 500 | 0.13 | 1.43 |
| Max drawdown (3Y) | -15.8% | -92.5% |
| Market cap | $18.8B | $0.7B |
| P/E (trailing) | 20.9 | – |
| Dividend yield | 3.35% | 0.00% |
| Sector / category | Utilities | US Listed |
Year-by-year returns
| Year | EVRG | SPT |
|---|---|---|
| 2022 | -4.9% | -37.7% |
| 2023 | -13.3% | +8.8% |
| 2024 | +23.4% | -50.0% |
| 2025 | +22.4% | -63.3% |
| 2026 | +15.2% | -2.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EVRG and SPT good diversifiers for each other?
Yes. With a correlation of -0.19, EVRG and SPT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between EVRG and SPT?
As of 2026-08-27, the correlation of weekly returns between EVRG and SPT is -0.19 over 3 years, -0.23 over 1 year and -0.07 over 5 years.
Is SPT a good diversifier for EVRG?
Yes. With a correlation of -0.19, EVRG and SPT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.19 mean?
A reading of -0.19 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/evrg-vs-spt.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/evrg-vs-spt/)
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Related comparisons
Hubs: EVRG correlations · SPT correlations
