PLUR vs SPY: Correlation
How closely do Pluri Inc. (PLUR) and SPDR S&P 500 ETF Trust (SPY) trade together? Their weekly returns over three years give a correlation of 0.19, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PLUR and SPY?
On 3 years of weekly data the PLUR/SPY correlation comes out at 0.19, weak. The relationship has been stable: the 1-year correlation (0.09) sits close to the 3-year figure. The 5-year figure is 0.25, and annualized covariance runs at 195.8 %².
SPY is close to the least connected end of PLUR's tracked universe, ranking #6 of 10. Correlation aside, the last 12 months split them widely, with SPY ahead by 88.7 points (-68.1% versus +20.6%). One caveat on sizing: PLUR is 4.8 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.
PLUR vs SPY: side by side
| PLUR (Pluri Inc.) | SPY (SPDR S&P 500 ETF Trust) | |
|---|---|---|
| 1-year return | -68.1% | +20.6% |
| 5-year return | -93.5% | +82.4% |
| Volatility (ann.) | 69.6% | 14.5% |
| Beta vs S&P 500 | 0.94 | 1.00 |
| Max drawdown (3Y) | -81.9% | -18.8% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 1.01% |
| Expense ratio | – | 0.09% |
| Assets under management | – | $795.3B |
| Sector / category | US Listed | ETF · US Large Cap |
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.
Year-by-year returns
| Year | PLUR | SPY |
|---|---|---|
| 2022 | -35.6% | -18.2% |
| 2023 | -38.3% | +26.2% |
| 2024 | -7.8% | +24.9% |
| 2025 | -30.1% | +17.7% |
| 2026 | -48.8% | +13.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PLUR and SPY good diversifiers for each other?
Yes. With a correlation of 0.19, PLUR and SPY have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between PLUR and SPY?
The PLUR/SPY correlation stands at 0.19 on a 3-year window (1 year: 0.09, 5 years: 0.25), computed from weekly returns as of 2026-08-27.
Is SPY a good diversifier for PLUR?
Yes. With a correlation of 0.19, PLUR and SPY have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of 0.19 mean?
A reading of 0.19 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: PLUR correlations · SPY correlations
