RPD vs SPT: Correlation
Measured on weekly returns over the past three years, Rapid7, Inc. (RPD) and Sprout Social, Inc (SPT) carry a correlation of 0.57, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RPD and SPT?
Over the past 3 years, RPD and SPT moved with a correlation of 0.57, which is moderate. The link has tightened recently: the 1-year correlation (0.67) runs above the 3-year figure (0.57). Over 5 years the correlation is 0.54, and the annualized covariance of weekly returns is 1779.3 %².
Few assets follow RPD as closely as SPT, which ranks #3 of 29 tracked partners. On 12-month performance SPT holds a 5.1-point edge, -34.7% against -29.6%.
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.
RPD vs SPT: side by side
| RPD (Rapid7, Inc.) | SPT (Sprout Social, Inc) | |
|---|---|---|
| 1-year return | -34.7% | -29.6% |
| 5-year return | -88.9% | -91.0% |
| Volatility (ann.) | 56.3% | 55.5% |
| Beta vs S&P 500 | 1.42 | 1.43 |
| Max drawdown (3Y) | -91.8% | -92.5% |
| Market cap | $0.9B | $0.7B |
| P/E (trailing) | 37.5 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RPD | SPT |
|---|---|---|
| 2022 | -71.1% | -37.7% |
| 2023 | +68.0% | +8.8% |
| 2024 | -29.5% | -50.0% |
| 2025 | -62.2% | -63.3% |
| 2026 | -11.2% | -2.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RPD and SPT good diversifiers for each other?
To a limited degree. At 0.57 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 RPD and SPT?
The RPD/SPT correlation stands at 0.57 on a 3-year window (1 year: 0.67, 5 years: 0.54), computed from weekly returns as of 2026-08-27.
Is SPT a good diversifier for RPD?
To a limited degree. At 0.57 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 0.57 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/rpd-vs-spt.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/rpd-vs-spt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: RPD correlations · SPT correlations
