SNFCA vs SPYV: Correlation
How closely do Security National Financial Corporation (SNFCA) and SPDR Portfolio S&P 500 Value ETF (SPYV) trade together? Their weekly returns over three years give a correlation of 0.53, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SNFCA and SPYV?
Over the past 3 years, SNFCA and SPYV moved with a correlation of 0.53, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.30 versus 0.53 over 3 years. Over 5 years the correlation is 0.43, and the annualized covariance of weekly returns is 224.0 %².
Among the 12 assets we track against SNFCA, SPYV ranks #5 by 3-year correlation. Over the last 12 months SPYV came out ahead by 14.1 percentage points (+4.4% against +18.5%). Note the risk asymmetry: SNFCA runs 2.9 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
SNFCA vs SPYV: side by side
| SNFCA (Security National Financial Corporation) | SPYV (SPDR Portfolio S&P 500 Value ETF) | |
|---|---|---|
| 1-year return | +4.4% | +18.5% |
| 5-year return | +22.0% | +73.5% |
| Volatility (ann.) | 34.6% | 12.1% |
| Beta vs S&P 500 | 1.07 | 0.70 |
| Max drawdown (3Y) | -39.5% | -17.5% |
| Market cap | $0.2B | – |
| P/E (trailing) | 6.9 | – |
| Dividend yield | 0.00% | 1.69% |
| Expense ratio | – | 0.04% |
| Assets under management | – | $36.2B |
| Sector / category | US Listed | ETF · US Style |
SPYV, State Street Investment Management's Large Value fund, carries $36.2B under management, 438 holdings, a 0.04% expense ratio, a 1.69% trailing dividend yield.
Year-by-year returns
| Year | SNFCA | SPYV |
|---|---|---|
| 2022 | -16.7% | -5.3% |
| 2023 | +29.5% | +22.2% |
| 2024 | +40.4% | +12.2% |
| 2025 | -21.4% | +13.2% |
| 2026 | +1.9% | +12.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SNFCA and SPYV good diversifiers for each other?
Somewhat, no more. With 0.53 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between SNFCA and SPYV?
As of 2026-08-27, the correlation of weekly returns between SNFCA and SPYV is 0.53 over 3 years, 0.30 over 1 year and 0.43 over 5 years.
Is SPYV a good diversifier for SNFCA?
Somewhat, no more. With 0.53 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.53 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
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Related comparisons
Hubs: SNFCA correlations · SPYV correlations
