SEVN vs SPFI: Correlation
How closely do Seven Hills Realty Trust (SEVN) and South Plains Financial, Inc. (SPFI) trade together? Their weekly returns over three years give a correlation of 0.52, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SEVN and SPFI?
On 3 years of weekly data the SEVN/SPFI correlation comes out at 0.52, moderate. Little has changed lately, as the 1-year reading of 0.61 lands near the 3-year figure. The 5-year figure is 0.39, and annualized covariance runs at 382.9 %².
Among the 11 assets we track against SEVN, SPFI ranks #5 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months SPFI outperformed by 28.4 percentage points (-20.7% for SEVN against +7.7% for SPFI).
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.
SEVN vs SPFI: side by side
| SEVN (Seven Hills Realty Trust) | SPFI (South Plains Financial, Inc.) | |
|---|---|---|
| 1-year return | -20.7% | +7.7% |
| 5-year return | +17.9% | +108.3% |
| Volatility (ann.) | 26.6% | 27.6% |
| Beta vs S&P 500 | 0.53 | 0.61 |
| Max drawdown (3Y) | -34.7% | -23.8% |
| Market cap | $0.2B | $0.8B |
| P/E (trailing) | 11.2 | 11.9 |
| Dividend yield | 14.70% | 1.52% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SEVN | SPFI |
|---|---|---|
| 2022 | -3.8% | +0.7% |
| 2023 | +61.8% | +7.4% |
| 2024 | +12.1% | +22.2% |
| 2025 | -24.3% | +13.6% |
| 2026 | -5.8% | +13.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SEVN and SPFI good diversifiers for each other?
Only partially. A correlation of 0.52 means SEVN and SPFI share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between SEVN and SPFI?
Using weekly returns as of 2026-08-27: 0.52 over 3 years, with 0.61 over the last year and 0.39 over 5 years.
Is SPFI a good diversifier for SEVN?
Only partially. A correlation of 0.52 means SEVN and SPFI share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.52 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/sevn-vs-spfi.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/sevn-vs-spfi/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: SEVN correlations · SPFI correlations
