SIDU vs SPH: Correlation
Measured on weekly returns over the past three years, Sidus Space, Inc. (SIDU) and Suburban Propane Partners, L.P. (SPH) carry a correlation of -0.22, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SIDU and SPH?
On 3 years of weekly data the SIDU/SPH correlation comes out at -0.22, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.17 over 1 year against -0.22 over 3. The 5-year figure is -0.27, and annualized covariance runs at -1076.5 %².
Among the 11 assets we track against SIDU, SPH sits near the bottom by co-movement, at rank #10. The last year tells two different stories: SIDU led by 87.2 percentage points, +87.9% for SIDU against +0.7% for SPH. Risk is not evenly split, since SIDU carries 7.5 times the volatility of the other side.
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.
SIDU vs SPH: side by side
| SIDU (Sidus Space, Inc.) | SPH (Suburban Propane Partners, L.P.) | |
|---|---|---|
| 1-year return | +87.9% | +0.7% |
| 5-year return | -99.8% | +66.9% |
| Volatility (ann.) | 190.7% | 25.4% |
| Beta vs S&P 500 | 1.29 | 0.23 |
| Max drawdown (3Y) | -96.6% | -20.0% |
| Market cap | $0.2B | $1.2B |
| P/E (trailing) | – | 9.1 |
| Dividend yield | 0.00% | 7.34% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SIDU | SPH |
|---|---|---|
| 2022 | -89.6% | +12.3% |
| 2023 | -91.9% | +27.0% |
| 2024 | -44.4% | +3.8% |
| 2025 | -35.9% | +15.2% |
| 2026 | -25.8% | -0.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SIDU and SPH good diversifiers for each other?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between SIDU and SPH?
The SIDU/SPH correlation stands at -0.22 on a 3-year window (1 year: -0.17, 5 years: -0.27), computed from weekly returns as of 2026-08-27.
Is SPH a good diversifier for SIDU?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.22 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/sidu-vs-sph.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/sidu-vs-sph/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: SIDU correlations · SPH correlations
