FTLF vs SPY: Correlation
Measured on weekly returns over the past three years, FitLife Brands, Inc. (FTLF) and SPDR S&P 500 ETF Trust (SPY) carry a correlation of 0.14, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FTLF and SPY?
Over the past 3 years, FTLF and SPY moved with a correlation of 0.14, which is weak. The past 12 months show a weaker link (-0.07) than the 3-year average (0.14). Over 5 years the correlation is 0.10, and the annualized covariance of weekly returns is 97.4 %².
Within FTLF's tracked universe of 13 assets, SPY comes in at #8 by 3-year correlation. The last year tells two different stories: SPY led by 66.7 percentage points, -46.1% for FTLF against +20.6% for SPY. Risk is not evenly split, since FTLF carries 3.3 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.
FTLF vs SPY: side by side
| FTLF (FitLife Brands, Inc.) | SPY (SPDR S&P 500 ETF Trust) | |
|---|---|---|
| 1-year return | -46.1% | +20.6% |
| 5-year return | +67.4% | +82.4% |
| Volatility (ann.) | 47.7% | 14.5% |
| Beta vs S&P 500 | 0.47 | 1.00 |
| Max drawdown (3Y) | -57.2% | -18.8% |
| Market cap | $0.1B | – |
| P/E (trailing) | 16.3 | – |
| 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 | FTLF | SPY |
|---|---|---|
| 2022 | -0.3% | -18.2% |
| 2023 | +19.7% | +26.2% |
| 2024 | +70.7% | +24.9% |
| 2025 | -0.2% | +17.7% |
| 2026 | -37.9% | +13.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FTLF and SPY good diversifiers for each other?
Yes. With a correlation of 0.14, FTLF and SPY have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between FTLF and SPY?
As of 2026-08-27, the correlation of weekly returns between FTLF and SPY is 0.14 over 3 years, -0.07 over 1 year and 0.10 over 5 years.
Is SPY a good diversifier for FTLF?
Yes. With a correlation of 0.14, FTLF and SPY have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of 0.14 mean?
A reading of 0.14 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: FTLF correlations · SPY correlations
