PFE vs SPPL: Correlation
Measured on weekly returns over the past three years, Pfizer (PFE) and SIMPPLE LTD. (SPPL) carry a correlation of -0.15, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PFE and SPPL?
Over the past 3 years, PFE and SPPL moved with a correlation of -0.15, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.22 lands near the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -634.9 %².
By 3-year correlation, SPPL places #24 of the 32 assets tracked against PFE. Their recent paths diverged sharply: over the last 12 months PFE outperformed by 50.6 percentage points (+19.6% for PFE against -31.0% for SPPL). Note the risk asymmetry: SPPL runs 7.2 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
PFE vs SPPL: side by side
| PFE (Pfizer) | SPPL (SIMPPLE LTD.) | |
|---|---|---|
| 1-year return | +19.6% | -31.0% |
| 5-year return | -21.9% | n/a |
| Volatility (ann.) | 23.8% | 172.3% |
| Beta vs S&P 500 | 0.40 | 3.00 |
| Max drawdown (3Y) | -34.8% | -97.6% |
| Market cap | $159.7B | – |
| P/E (trailing) | 37.4 | – |
| Dividend yield | 6.08% | 0.00% |
| Sector / category | Health Care | US Listed |
Year-by-year returns
| Year | PFE | SPPL |
|---|---|---|
| 2022 | -10.4% | – |
| 2023 | -41.3% | – |
| 2024 | -2.2% | -83.1% |
| 2025 | +0.6% | -46.9% |
| 2026 | +18.3% | -49.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PFE and SPPL good diversifiers for each other?
By historical standards, yes. A correlation of -0.15 means the two rarely move for the same reasons.
FAQ
What is the correlation between PFE and SPPL?
Using weekly returns as of 2026-08-27: -0.15 over 3 years, with -0.22 over the last year and n/a over 5 years.
Is SPPL a good diversifier for PFE?
By historical standards, yes. A correlation of -0.15 means the two rarely move for the same reasons.
What does a correlation of -0.15 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.
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Related comparisons
Hubs: PFE correlations · SPPL correlations
