RMSG vs SPY: Correlation
Measured on weekly returns over the past three years, Real Messenger Corporation (RMSG) and SPDR S&P 500 ETF Trust (SPY) carry a correlation of 0.21, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RMSG and SPY?
On 3 years of weekly data the RMSG/SPY correlation comes out at 0.21, weak. The past 12 months show a tighter link (0.32) than the 3-year average (0.21). The 5-year figure is 0.15, and annualized covariance runs at 1012.6 %².
SPY is close to the least connected end of RMSG's tracked universe, ranking #9 of 13. The last year tells two different stories: SPY led by 109.6 percentage points, -89.0% for RMSG against +20.6% for SPY. One caveat on sizing: RMSG is 22.7 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.
RMSG vs SPY: side by side
| RMSG (Real Messenger Corporation) | SPY (SPDR S&P 500 ETF Trust) | |
|---|---|---|
| 1-year return | -89.0% | +20.6% |
| 5-year return | -96.3% | +82.4% |
| Volatility (ann.) | 329.1% | 14.5% |
| Beta vs S&P 500 | 4.85 | 1.00 |
| Max drawdown (3Y) | -99.1% | -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 | RMSG | SPY |
|---|---|---|
| 2022 | +5.1% | -18.2% |
| 2023 | +9.6% | +26.2% |
| 2024 | -77.7% | +24.9% |
| 2025 | -47.1% | +17.7% |
| 2026 | -73.2% | +13.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RMSG and SPY good diversifiers for each other?
Reasonably. At 0.21, RMSG and SPY keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between RMSG and SPY?
Using weekly returns as of 2026-08-27: 0.21 over 3 years, with 0.32 over the last year and 0.15 over 5 years.
Is SPY a good diversifier for RMSG?
Reasonably. At 0.21, RMSG and SPY keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.21 mean?
A reading of 0.21 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: RMSG correlations · SPY correlations
