NYT vs SPGI: Correlation
Measured on weekly returns over the past three years, New York Times Company (The) (NYT) and S&P Global (SPGI) carry a correlation of 0.40, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NYT and SPGI?
On 3 years of weekly data the NYT/SPGI correlation comes out at 0.40, moderate. The relationship has been stable: the 1-year correlation (0.38) sits close to the 3-year figure. The 5-year figure is 0.42, and annualized covariance runs at 239.7 %².
In NYT's tracked universe of 11 assets, SPGI sits right near the top at #2. Their recent paths diverged sharply: over the last 12 months NYT outperformed by 30.8 percentage points (+15.2% for NYT against -15.6% for SPGI).
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.
NYT vs SPGI: side by side
| NYT (New York Times Company (The)) | SPGI (S&P Global) | |
|---|---|---|
| 1-year return | +15.2% | -15.6% |
| 5-year return | +42.2% | +8.1% |
| Volatility (ann.) | 24.5% | 24.7% |
| Beta vs S&P 500 | 0.35 | 0.86 |
| Max drawdown (3Y) | -25.8% | -30.5% |
| Market cap | $11.0B | $128.4B |
| P/E (trailing) | 28.4 | 26.6 |
| Dividend yield | 1.20% | 0.88% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | NYT | SPGI |
|---|---|---|
| 2022 | -32.2% | -28.4% |
| 2023 | +52.6% | +32.8% |
| 2024 | +7.3% | +13.9% |
| 2025 | +35.1% | +5.7% |
| 2026 | -1.0% | -11.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NYT and SPGI good diversifiers for each other?
A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between NYT and SPGI?
The NYT/SPGI correlation stands at 0.40 on a 3-year window (1 year: 0.38, 5 years: 0.42), computed from weekly returns as of 2026-08-27.
Is SPGI a good diversifier for NYT?
A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.40 mean?
A reading of 0.40 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/nyt-vs-spgi.json
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Related comparisons
Hubs: NYT correlations · SPGI correlations
