SPY vs VVOS: Correlation
How closely do SPDR S&P 500 ETF Trust (SPY) and Vivos Therapeutics, Inc. (VVOS) trade together? Their weekly returns over three years give a correlation of 0.08, which is near-zero.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SPY and VVOS?
Across a 3-year window, the weekly returns of SPY and VVOS correlate at 0.08, near zero, meaning they move largely independently. The past 12 months show a weaker link (-0.15) than the 3-year average (0.08). Stretching to 5 years gives 0.10, with an annualized covariance of 259.6 %².
Within SPY's tracked universe of 4755 assets, VVOS comes in at #4250 by 3-year correlation. The last year tells two different stories: SPY led by 115.0 percentage points, +20.6% for SPY against -94.4% for VVOS. One caveat on sizing: VVOS is 15.6 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
SPY vs VVOS: side by side
| SPY (SPDR S&P 500 ETF Trust) | VVOS (Vivos Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | +20.6% | -94.4% |
| 5-year return | +82.4% | -99.8% |
| Volatility (ann.) | 14.5% | 226.0% |
| Beta vs S&P 500 | 1.00 | 1.24 |
| Max drawdown (3Y) | -18.8% | -99.4% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 1.01% | 0.00% |
| Expense ratio | 0.09% | – |
| Assets under management | $795.3B | – |
| Sector / category | ETF · US Large Cap | US Listed |
SPY, State Street Investment Management's Large Blend fund, carries $795.3B under management, 504 holdings, a 0.09% expense ratio, a 1.01% trailing dividend yield.
Year-by-year returns
| Year | SPY | VVOS |
|---|---|---|
| 2022 | -18.2% | -82.1% |
| 2023 | +26.2% | +23.8% |
| 2024 | +24.9% | -65.5% |
| 2025 | +17.7% | -52.7% |
| 2026 | +13.7% | -87.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SPY and VVOS good diversifiers for each other?
By historical standards, yes. A correlation of 0.08 means the two rarely move for the same reasons.
FAQ
What is the correlation between SPY and VVOS?
The SPY/VVOS correlation stands at 0.08 on a 3-year window (1 year: -0.15, 5 years: 0.10), computed from weekly returns as of 2026-08-27.
Is VVOS a good diversifier for SPY?
By historical standards, yes. A correlation of 0.08 means the two rarely move for the same reasons.
What does a correlation of 0.08 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/spy-vs-vvos.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/spy-vs-vvos/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: SPY correlations · VVOS correlations
