SR vs UGI: Correlation
Spire Inc. (SR) and UGI Corporation (UGI) show a moderate relationship: their 3-year correlation of weekly returns is 0.58.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SR and UGI?
Across a 3-year window, the weekly returns of SR and UGI correlate at 0.58, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.45 versus 0.58 over 3 years. Stretching to 5 years gives 0.56, with an annualized covariance of 322.2 %².
By 3-year correlation, UGI places #10 of the 18 assets tracked against SR. Twelve-month performance is nearly a tie, at +11.6% for SR and +13.8% for UGI.
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.
SR vs UGI: side by side
| SR (Spire Inc.) | UGI (UGI Corporation) | |
|---|---|---|
| 1-year return | +11.6% | +13.8% |
| 5-year return | +53.3% | +3.7% |
| Volatility (ann.) | 19.6% | 28.1% |
| Beta vs S&P 500 | 0.17 | 0.14 |
| Max drawdown (3Y) | -19.4% | -19.6% |
| Market cap | $4.9B | $8.2B |
| P/E (trailing) | 18.2 | 12.8 |
| Dividend yield | 3.90% | 3.90% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SR | UGI |
|---|---|---|
| 2022 | +9.8% | -16.1% |
| 2023 | -5.3% | -29.8% |
| 2024 | +14.1% | +21.9% |
| 2025 | +27.1% | +38.3% |
| 2026 | +1.8% | +4.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SR and UGI good diversifiers for each other?
To a limited degree. At 0.58 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between SR and UGI?
The SR/UGI correlation stands at 0.58 on a 3-year window (1 year: 0.45, 5 years: 0.56), computed from weekly returns as of 2026-08-27.
Is UGI a good diversifier for SR?
To a limited degree. At 0.58 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.58 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/sr-vs-ugi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/sr-vs-ugi/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: SR correlations · UGI correlations
