SPSC vs YELP: Correlation
How closely do SPS Commerce, Inc. (SPSC) and Yelp Inc. (YELP) trade together? Their weekly returns over three years give a correlation of 0.50, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SPSC and YELP?
Across a 3-year window, the weekly returns of SPSC and YELP correlate at 0.50, moderate. Little has changed lately, as the 1-year reading of 0.52 lands near the 3-year figure. Stretching to 5 years gives 0.51, with an annualized covariance of 717.1 %².
By 3-year correlation, YELP places #14 of the 24 assets tracked against SPSC. Twelve-month performance is nearly a tie, at -25.4% for SPSC and -28.6% for YELP.
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.
SPSC vs YELP: side by side
| SPSC (SPS Commerce, Inc.) | YELP (Yelp Inc.) | |
|---|---|---|
| 1-year return | -25.4% | -28.6% |
| 5-year return | -38.6% | -41.2% |
| Volatility (ann.) | 44.2% | 32.4% |
| Beta vs S&P 500 | 1.10 | 0.57 |
| Max drawdown (3Y) | -76.8% | -59.2% |
| Market cap | $3.0B | $1.2B |
| P/E (trailing) | 40.5 | 10.9 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SPSC | YELP |
|---|---|---|
| 2022 | -9.8% | -24.6% |
| 2023 | +50.9% | +73.2% |
| 2024 | -5.1% | -18.3% |
| 2025 | -51.6% | -21.5% |
| 2026 | -5.5% | -25.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SPSC and YELP good diversifiers for each other?
Only partially. A correlation of 0.50 means SPSC and YELP 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 SPSC and YELP?
Using weekly returns as of 2026-08-27: 0.50 over 3 years, with 0.52 over the last year and 0.51 over 5 years.
Is YELP a good diversifier for SPSC?
Only partially. A correlation of 0.50 means SPSC and YELP share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.50 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/spsc-vs-yelp.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/spsc-vs-yelp/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: SPSC correlations · YELP correlations
