GDDY vs SPT: Correlation
How closely do GoDaddy (GDDY) and Sprout Social, Inc (SPT) trade together? Their weekly returns over three years give a correlation of 0.47, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GDDY and SPT?
On 3 years of weekly data the GDDY/SPT correlation comes out at 0.47, moderate. Little has changed lately, as the 1-year reading of 0.49 lands near the 3-year figure. The 5-year figure is 0.49, and annualized covariance runs at 868.3 %².
Among the 32 assets we track against GDDY, SPT ranks #13 by 3-year correlation. Twelve-month performance is nearly a tie, at -34.4% for GDDY and -29.6% for SPT. Risk is not evenly split, since SPT carries 1.7 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.
GDDY vs SPT: side by side
| GDDY (GoDaddy) | SPT (Sprout Social, Inc) | |
|---|---|---|
| 1-year return | -34.4% | -29.6% |
| 5-year return | +32.1% | -91.0% |
| Volatility (ann.) | 33.6% | 55.5% |
| Beta vs S&P 500 | 0.93 | 1.43 |
| Max drawdown (3Y) | -65.0% | -92.5% |
| Market cap | $12.3B | $0.7B |
| P/E (trailing) | 14.4 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | GDDY | SPT |
|---|---|---|
| 2022 | -11.8% | -37.7% |
| 2023 | +41.9% | +8.8% |
| 2024 | +85.9% | -50.0% |
| 2025 | -37.1% | -63.3% |
| 2026 | -21.8% | -2.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GDDY and SPT good diversifiers for each other?
A fair diversifier. At 0.47, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between GDDY and SPT?
The GDDY/SPT correlation stands at 0.47 on a 3-year window (1 year: 0.49, 5 years: 0.49), computed from weekly returns as of 2026-08-27.
Is SPT a good diversifier for GDDY?
A fair diversifier. At 0.47, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.47 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/gddy-vs-spt.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/gddy-vs-spt/)
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Related comparisons
Hubs: GDDY correlations · SPT correlations
