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LIF vs SPY: Correlation

Measured on weekly returns over the past three years, Life360, Inc. (LIF) and SPDR S&P 500 ETF Trust (SPY) carry a correlation of 0.47, a moderate link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.47
moderate
Correlation (1Y)
0.40
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
455.2
%² · weekly, annualized

How correlated are LIF and SPY?

Across a 3-year window, the weekly returns of LIF and SPY correlate at 0.47, moderate. The relationship has been stable: the 1-year correlation (0.40) sits close to the 3-year figure. Stretching to 5 years gives n/a, with an annualized covariance of 455.2 %².

Within LIF's tracked universe of 20 assets, SPY comes in at #7 by 3-year correlation. The last year tells two different stories: SPY led by 72.0 percentage points, -51.4% for LIF against +20.6% for SPY. One caveat on sizing: LIF is 4.4 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.

LIF vs SPY: side by side

LIF (Life360, Inc.)SPY (SPDR S&P 500 ETF Trust)
1-year return-51.4%+20.6%
5-year returnn/a+82.4%
Volatility (ann.)63.6%14.5%
Beta vs S&P 5002.181.00
Max drawdown (3Y)-65.6%-18.8%
Market cap$3.6B
P/E (trailing)25.1
Dividend yield0.00%1.01%
Expense ratio0.09%
Assets under management$795.3B
Sector / categoryUS ListedETF · US Large Cap
Higher yield: SPY 1.01% vs 0.00%Smaller drawdown: SPY -18.8% vs -65.6%

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.

-59%0%+21%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. LIF · SPY

Year-by-year returns

YearLIFSPY
2022-18.2%
2023+26.2%
2024+24.9%
2025+55.4%+17.7%
2026-31.0%+13.7%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are LIF and SPY 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 LIF and SPY?

Using weekly returns as of 2026-08-27: 0.47 over 3 years, with 0.40 over the last year and n/a over 5 years.

Is SPY a good diversifier for LIF?

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?

A reading of 0.47 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/lif-vs-spy.json

LIF vs SPY: 3-year weekly correlation 0.47LIF vs SPY0.47

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Hubs: LIF correlations · SPY correlations