GEO vs SPPL: Correlation
Measured on weekly returns over the past three years, Geo Group Inc (The) REIT (GEO) and SIMPPLE LTD. (SPPL) carry a correlation of 0.54, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GEO and SPPL?
Over the past 3 years, GEO and SPPL moved with a correlation of 0.54, which is moderate. The past 12 months show a weaker link (0.22) than the 3-year average (0.54). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 5808.6 %².
SPPL is one of the assets that tracks GEO most closely: it ranks #3 out of the 11 assets we track against GEO. Correlation aside, the last 12 months split them widely, with GEO ahead by 87.7 points (+56.7% versus -31.0%). One caveat on sizing: SPPL is 2.8 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.
GEO vs SPPL: side by side
| GEO (Geo Group Inc (The) REIT) | SPPL (SIMPPLE LTD.) | |
|---|---|---|
| 1-year return | +56.7% | -31.0% |
| 5-year return | +328.4% | n/a |
| Volatility (ann.) | 62.4% | 172.3% |
| Beta vs S&P 500 | 1.22 | 3.00 |
| Max drawdown (3Y) | -62.5% | -97.6% |
| Market cap | $4.3B | – |
| P/E (trailing) | 15.5 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GEO | SPPL |
|---|---|---|
| 2022 | +41.3% | – |
| 2023 | -1.1% | – |
| 2024 | +158.4% | -83.1% |
| 2025 | -42.4% | -46.9% |
| 2026 | +102.2% | -49.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GEO and SPPL good diversifiers for each other?
To a limited degree. At 0.54 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between GEO and SPPL?
As of 2026-08-27, the correlation of weekly returns between GEO and SPPL is 0.54 over 3 years, 0.22 over 1 year and n/a over 5 years.
Is SPPL a good diversifier for GEO?
To a limited degree. At 0.54 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.54 mean?
A reading of 0.54 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/geo-vs-sppl.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/geo-vs-sppl/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: GEO correlations · SPPL correlations
