SPY vs WIX: Correlation
SPDR S&P 500 ETF Trust (SPY) and Wix.com Ltd. (WIX) show a moderate relationship: their 3-year correlation of weekly returns is 0.30.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SPY and WIX?
Over the past 3 years, SPY and WIX moved with a correlation of 0.30, which is moderate. The past 12 months show a weaker link (0.07) than the 3-year average (0.30). Over 5 years the correlation is 0.40, and the annualized covariance of weekly returns is 254.6 %².
Among the 4755 assets we track against SPY, WIX ranks #2256 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months SPY outperformed by 57.7 percentage points (+20.6% for SPY against -37.1% for WIX). One caveat on sizing: WIX is 4.0 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 WIX: side by side
| SPY (SPDR S&P 500 ETF Trust) | WIX (Wix.com Ltd.) | |
|---|---|---|
| 1-year return | +20.6% | -37.1% |
| 5-year return | +82.4% | -61.8% |
| Volatility (ann.) | 14.5% | 58.2% |
| Beta vs S&P 500 | 1.00 | 1.22 |
| Max drawdown (3Y) | -18.8% | -83.6% |
| Market cap | – | $3.6B |
| 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 | WIX |
|---|---|---|
| 2022 | -18.2% | -51.3% |
| 2023 | +26.2% | +60.1% |
| 2024 | +24.9% | +74.4% |
| 2025 | +17.7% | -51.6% |
| 2026 | +13.7% | -17.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SPY and WIX good diversifiers for each other?
A fair diversifier. At 0.30, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between SPY and WIX?
As of 2026-08-27, the correlation of weekly returns between SPY and WIX is 0.30 over 3 years, 0.07 over 1 year and 0.40 over 5 years.
Is WIX a good diversifier for SPY?
A fair diversifier. At 0.30, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.30 mean?
A reading of 0.30 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/spy-vs-wix.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/spy-vs-wix/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: SPY correlations · WIX correlations
