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SEER vs SPY: Correlation

Seer, Inc. (SEER) and SPDR S&P 500 ETF Trust (SPY) show a moderate relationship: their 3-year correlation of weekly returns is 0.35.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.35
moderate
Correlation (1Y)
0.29
last 12 months
Correlation (5Y)
0.46
long-run
Ann. covariance
283.1
%² · weekly, annualized

How correlated are SEER and SPY?

Across a 3-year window, the weekly returns of SEER and SPY correlate at 0.35, moderate. Little has changed lately, as the 1-year reading of 0.29 lands near the 3-year figure. Stretching to 5 years gives 0.46, with an annualized covariance of 283.1 %².

Within SEER's tracked universe of 12 assets, SPY comes in at #7 by 3-year correlation. The last year tells two different stories: SPY led by 23.0 percentage points, -2.4% for SEER against +20.6% for SPY. One caveat on sizing: SEER is 3.8 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.

SEER vs SPY: side by side

SEER (Seer, Inc.)SPY (SPDR S&P 500 ETF Trust)
1-year return-2.4%+20.6%
5-year return-94.7%+82.4%
Volatility (ann.)55.5%14.5%
Beta vs S&P 5001.361.00
Max drawdown (3Y)-46.0%-18.8%
Market cap$0.1B
P/E (trailing)
Dividend yield0.00%1.01%
Expense ratio0.09%
Assets under management$795.3B
Sector / categoryUS ListedETF · US Large Cap
Higher yield: SPY 1.01% vs 0.00%Smaller drawdown: SPY -18.8% vs -46.0%Higher 5y return: SPY +82.4% vs -94.7%

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.

-23%0%+21%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. SEER · SPY

Year-by-year returns

YearSEERSPY
2022-74.6%-18.2%
2023-66.6%+26.2%
2024+19.1%+24.9%
2025-20.8%+17.7%
2026+9.8%+13.7%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are SEER and SPY good diversifiers for each other?

Yes, to a useful degree: a correlation of 0.35 leaves real independence between the two, which historically damped combined volatility.

FAQ

What is the correlation between SEER and SPY?

Using weekly returns as of 2026-08-27: 0.35 over 3 years, with 0.29 over the last year and 0.46 over 5 years.

Is SPY a good diversifier for SEER?

Yes, to a useful degree: a correlation of 0.35 leaves real independence between the two, which historically damped combined volatility.

What does a correlation of 0.35 mean?

On the −1 to +1 scale, 0.35 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.

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SEER vs SPY: 3-year weekly correlation 0.35SEER vs SPY0.35

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Hubs: SEER correlations · SPY correlations