SPY vs YHC: Correlation
Measured on weekly returns over the past three years, SPDR S&P 500 ETF Trust (SPY) and LQR House Inc. (YHC) carry a correlation of 0.04, a near-zero link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SPY and YHC?
Over the past 3 years, SPY and YHC moved with a correlation of 0.04, which is near zero, meaning they move largely independently. The past 12 months show a weaker link (-0.09) than the 3-year average (0.04). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 114.5 %².
Among the 4755 assets we track against SPY, YHC ranks #4461 by 3-year correlation. Correlation aside, the last 12 months split them widely, with SPY ahead by 118.7 points (+20.6% versus -98.1%). Risk is not evenly split, since YHC carries 12.3 times the volatility of the other side.
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 YHC: side by side
| SPY (SPDR S&P 500 ETF Trust) | YHC (LQR House Inc.) | |
|---|---|---|
| 1-year return | +20.6% | -98.1% |
| 5-year return | +82.4% | n/a |
| Volatility (ann.) | 14.5% | 178.2% |
| Beta vs S&P 500 | 1.00 | 0.55 |
| Max drawdown (3Y) | -18.8% | -100.0% |
| Market cap | – | – |
| P/E (trailing) | – | 0.2 |
| 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 | YHC |
|---|---|---|
| 2022 | -18.2% | – |
| 2023 | +26.2% | – |
| 2024 | +24.9% | -46.4% |
| 2025 | +17.7% | -98.1% |
| 2026 | +13.7% | -98.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SPY and YHC good diversifiers for each other?
Yes. With a correlation of 0.04, SPY and YHC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between SPY and YHC?
The SPY/YHC correlation stands at 0.04 on a 3-year window (1 year: -0.09, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is YHC a good diversifier for SPY?
Yes. With a correlation of 0.04, SPY and YHC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of 0.04 mean?
On the −1 to +1 scale, 0.04 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/spy-vs-yhc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/spy-vs-yhc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: SPY correlations · YHC correlations
