PIPR vs SF: Correlation
Piper Sandler Companies (PIPR) and Stifel Financial Corporation (SF) show a strong relationship: their 3-year correlation of weekly returns is 0.78.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PIPR and SF?
Across a 3-year window, the weekly returns of PIPR and SF correlate at 0.78, strong. Little has changed lately, as the 1-year reading of 0.69 lands near the 3-year figure. Stretching to 5 years gives 0.71, with an annualized covariance of 707.7 %².
SF is one of the assets that tracks PIPR most closely: it ranks #3 out of the 23 assets we track against PIPR. The last year tells two different stories: SF led by 15.2 percentage points, -9.2% for PIPR against +6.0% for SF.
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.
PIPR vs SF: side by side
| PIPR (Piper Sandler Companies) | SF (Stifel Financial Corporation) | |
|---|---|---|
| 1-year return | -9.2% | +6.0% |
| 5-year return | +143.0% | +92.0% |
| Volatility (ann.) | 33.6% | 27.2% |
| Beta vs S&P 500 | 1.35 | 1.23 |
| Max drawdown (3Y) | -38.8% | -34.7% |
| Market cap | $5.3B | $12.2B |
| P/E (trailing) | 17.3 | 14.4 |
| Dividend yield | 0.97% | 1.59% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PIPR | SF |
|---|---|---|
| 2022 | -23.4% | -15.6% |
| 2023 | +37.8% | +21.2% |
| 2024 | +74.2% | +56.4% |
| 2025 | +15.5% | +20.1% |
| 2026 | -10.2% | -2.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PIPR and SF good diversifiers for each other?
To a limited degree. At 0.78 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 PIPR and SF?
Using weekly returns as of 2026-08-27: 0.78 over 3 years, with 0.69 over the last year and 0.71 over 5 years.
Is SF a good diversifier for PIPR?
To a limited degree. At 0.78 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 0.78 mean?
On the −1 to +1 scale, 0.78 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/pipr-vs-sf.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/pipr-vs-sf/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: PIPR correlations · SF correlations
