PRCH vs SPY: Correlation
How closely do Porch Group, Inc. (PRCH) and SPDR S&P 500 ETF Trust (SPY) trade together? Their weekly returns over three years give a correlation of 0.33, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PRCH and SPY?
Across a 3-year window, the weekly returns of PRCH and SPY correlate at 0.33, moderate. The link has tightened recently: the 1-year correlation (0.44) runs above the 3-year figure (0.33). Stretching to 5 years gives 0.31, with an annualized covariance of 556.8 %².
Out of 12 assets tracked against PRCH, SPY lands near the bottom at #8. The trailing year gives SPY the advantage: +7.2% versus +20.6%, a 13.4-point spread. One caveat on sizing: PRCH is 8.2 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.
PRCH vs SPY: side by side
| PRCH (Porch Group, Inc.) | SPY (SPDR S&P 500 ETF Trust) | |
|---|---|---|
| 1-year return | +7.2% | +20.6% |
| 5-year return | -10.6% | +82.4% |
| Volatility (ann.) | 118.2% | 14.5% |
| Beta vs S&P 500 | 2.67 | 1.00 |
| Max drawdown (3Y) | -75.8% | -18.8% |
| Market cap | $2.0B | – |
| 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 | PRCH | SPY |
|---|---|---|
| 2022 | -87.9% | -18.2% |
| 2023 | +63.8% | +26.2% |
| 2024 | +59.7% | +24.9% |
| 2025 | +85.6% | +17.7% |
| 2026 | +91.0% | +13.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PRCH and SPY good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.33 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between PRCH and SPY?
The PRCH/SPY correlation stands at 0.33 on a 3-year window (1 year: 0.44, 5 years: 0.31), computed from weekly returns as of 2026-08-27.
Is SPY a good diversifier for PRCH?
Yes, to a useful degree: a correlation of 0.33 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.33 mean?
On the −1 to +1 scale, 0.33 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/prch-vs-spy.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/prch-vs-spy/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: PRCH correlations · SPY correlations
