SPGI vs TROW: Correlation
S&P Global (SPGI) and T. Rowe Price (TROW) show a moderate relationship: their 3-year correlation of weekly returns is 0.55.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SPGI and TROW?
Across a 3-year window, the weekly returns of SPGI and TROW correlate at 0.55, moderate. The relationship has been stable: the 1-year correlation (0.53) sits close to the 3-year figure. Stretching to 5 years gives 0.61, with an annualized covariance of 320.7 %².
Among the 40 assets we track against SPGI, TROW ranks #17 by 3-year correlation. Correlation aside, the last 12 months split them widely, with TROW ahead by 23.7 points (-15.6% versus +8.1%). Across three years, the rolling one-year figure varied moderately, from 0.36 to 0.75.
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.
SPGI vs TROW: side by side
| SPGI (S&P Global) | TROW (T. Rowe Price) | |
|---|---|---|
| 1-year return | -15.6% | +8.1% |
| 5-year return | +8.1% | -37.0% |
| Volatility (ann.) | 24.7% | 23.5% |
| Beta vs S&P 500 | 0.86 | 1.10 |
| Max drawdown (3Y) | -30.5% | -34.0% |
| Market cap | $128.4B | $24.0B |
| P/E (trailing) | 26.6 | 11.3 |
| Dividend yield | 0.88% | 4.57% |
| Sector / category | Financials | Financials |
Year-by-year returns
| Year | SPGI | TROW |
|---|---|---|
| 2022 | -28.4% | -42.2% |
| 2023 | +32.8% | +3.4% |
| 2024 | +13.9% | +9.7% |
| 2025 | +5.7% | -4.7% |
| 2026 | -11.3% | +12.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SPGI and TROW good diversifiers for each other?
To a limited degree. At 0.55 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 SPGI and TROW?
As of 2026-08-27, the correlation of weekly returns between SPGI and TROW is 0.55 over 3 years, 0.53 over 1 year and 0.61 over 5 years.
Is TROW a good diversifier for SPGI?
To a limited degree. At 0.55 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 0.55 mean?
On the −1 to +1 scale, 0.55 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/spgi-vs-trow.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/spgi-vs-trow/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: SPGI correlations · TROW correlations
