Macroaxis: Personalized Investing
Personalized Investing and
Digital Wealth Optimization

Benchmark  United States  NYSE  10,533   27.041 Index Moved Up 0.26%  

Collecting data for SPY and ^GSPC ...

Correlation analysis between SPDR and SP 500

 Companies |  Insiders  | Dashboard  
Investment horizon:  
  30 Days    Login   to change
This module allows you to analyze existing cross correlation between SPDR SP 500 and S&P 500. You can compare the effects of market volatilities on SPDR and SP 500 and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. Please also check ongoing floating volatility patterns of SPDR and SP 500.
 SPDR S&P 500  vs   S&P 500
Check Correlation Matrix  
Daily Returns (%)
Change Benchmark  Embed  Timeline 
If you would invest  185,744  in S&P 500 on March 20, 2014 and sell it today you would earn a total of  741  from holding S&P 500 or generate 0.4% return on investment over 30 days.


Poor diversification
Overlapping area represents amount of risk that can be diversified away by holding SPDR S&P 500 and S&P 500 in the same portfolio assuming nothing else is changed

Correlation Coefficient

Time Period1 Month [change]
DirectionPositive ^GSPC Moved Up vs SPY
ValuesDaily Returns
Follow Correlation between SPY and GSPC with Macroaxis syndicated feed, custom widget, or your favorite custom stock ticker
Share Correlation between SPY and GSPC 
Find Opportunities
Predicted Return Density


Over the last 30 days SPDR SP 500 has generated negative risk-adjusted returns adding no value to investors with long positions.

Match-ups for SPDR

Vanguard Total Stock Market ETF vs. SPDR SP 500
iShares Core SP 500 vs. SPDR SP 500
Vanguard Dividend Apprec Idx ETF vs. SPDR SP 500
iShares Russell 1000 vs. SPDR SP 500
Vanguard Large Cap ETF vs. SPDR SP 500
Guggenheim SP 500 Equal Weight vs. SPDR SP 500
iShares Russell 3000 vs. SPDR SP 500
iShares SP 100 vs. SPDR SP 500
PowerShares Buyback Achievers vs. SPDR SP 500

S&P 500


Match-ups for SP 500

News Corporation vs. S&P 500
Akamai Technologies Inc vs. S&P 500
BorgWarner Inc vs. S&P 500
Masco Corporation vs. S&P 500
Exelon Corporation vs. S&P 500
Chevron Corporation vs. S&P 500
Aon plc vs. S&P 500
Caterpillar Inc vs. S&P 500
Autodesk Inc vs. S&P 500
State Street Corporation vs. S&P 500
General Dynamics Corp vs. S&P 500
First Solar Inc vs. S&P 500