MO vs SR: Correlation
Altria (MO) and Spire Inc. (SR) show a moderate relationship: their 3-year correlation of weekly returns is 0.46.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MO and SR?
Over the past 3 years, MO and SR moved with a correlation of 0.46, which is moderate. The relationship has been stable: the 1-year correlation (0.48) sits close to the 3-year figure. Over 5 years the correlation is 0.37, and the annualized covariance of weekly returns is 196.2 %².
Within MO's tracked universe of 49 assets, SR comes in at #9 by 3-year correlation. Neither side won the trailing year by much: +8.8% against +11.6%.
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.
MO vs SR: side by side
| MO (Altria) | SR (Spire Inc.) | |
|---|---|---|
| 1-year return | +8.8% | +11.6% |
| 5-year return | +100.4% | +53.3% |
| Volatility (ann.) | 21.8% | 19.6% |
| Beta vs S&P 500 | -0.07 | 0.17 |
| Max drawdown (3Y) | -16.4% | -19.4% |
| Market cap | $113.0B | $4.9B |
| P/E (trailing) | 14.6 | 18.2 |
| Dividend yield | 6.13% | 3.90% |
| Sector / category | Consumer Staples | US Listed |
Year-by-year returns
| Year | MO | SR |
|---|---|---|
| 2022 | +4.4% | +9.8% |
| 2023 | -3.7% | -5.3% |
| 2024 | +40.8% | +14.1% |
| 2025 | +18.2% | +27.1% |
| 2026 | +21.1% | +1.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MO and SR good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between MO and SR?
As of 2026-08-27, the correlation of weekly returns between MO and SR is 0.46 over 3 years, 0.48 over 1 year and 0.37 over 5 years.
Is SR a good diversifier for MO?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.46 mean?
A reading of 0.46 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/mo-vs-sr.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/mo-vs-sr/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MO correlations · SR correlations
