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SPRB vs VLGEA: Correlation

Spruce Biosciences, Inc. (SPRB) and Village Super Market, Inc. (VLGEA) show a negative relationship: their 3-year correlation of weekly returns is -0.30.

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

Correlation (3Y)
-0.30
negative
Correlation (1Y)
-0.48
last 12 months
Correlation (5Y)
-0.26
long-run
Ann. covariance
-9218.7
%² · weekly, annualized

How correlated are SPRB and VLGEA?

Over the past 3 years, SPRB and VLGEA moved with a correlation of -0.30, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.48 versus -0.30 over 3 years. Over 5 years the correlation is -0.26, and the annualized covariance of weekly returns is -9218.7 %².

Among the 67 assets we track against SPRB, VLGEA ranks #60 by 3-year correlation. The last year tells two different stories: SPRB led by 723.2 percentage points, +746.3% for SPRB against +23.1% for VLGEA. Note the risk asymmetry: SPRB runs 38.9 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.

SPRB vs VLGEA: side by side

SPRB (Spruce Biosciences, Inc.)VLGEA (Village Super Market, Inc.)
1-year return+746.3%+23.1%
5-year return-99.8%+137.7%
Volatility (ann.)1086.4%27.9%
Beta vs S&P 500-7.820.32
Max drawdown (3Y)-100.0%-21.1%
Market cap$0.2B$0.6B
P/E (trailing)11.9
Dividend yield0.00%2.29%
Sector / categoryUS ListedUS Listed
Higher yield: VLGEA 2.29% vs 0.00%Smaller drawdown: VLGEA -21.1% vs -100.0%Higher 5y return: VLGEA +137.7% vs -99.8%
-15%0%+1829%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). SPRB · VLGEA

Year-by-year returns

YearSPRBVLGEA
2022-75.4%+4.1%
2023+167.1%+17.7%
2024-85.7%+26.0%
2025-96.3%+14.9%
2026-27.3%+24.4%

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

Are SPRB and VLGEA good diversifiers for each other?

By historical standards, yes. A correlation of -0.30 means the two rarely move for the same reasons.

FAQ

What is the correlation between SPRB and VLGEA?

Using weekly returns as of 2026-08-27: -0.30 over 3 years, with -0.48 over the last year and -0.26 over 5 years.

Is VLGEA a good diversifier for SPRB?

By historical standards, yes. A correlation of -0.30 means the two rarely move for the same reasons.

What does a correlation of -0.30 mean?

On the −1 to +1 scale, -0.30 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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SPRB vs VLGEA: 3-year weekly correlation -0.30SPRB vs VLGEA-0.30

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Hubs: SPRB correlations · VLGEA correlations