These move together about 78% of the time
Very strong positive
Strong enough to use as a signal — read the stability and regime notes below before relying on it.
Alphabet is a holding company that wholly owns internet giant Google. The California-based company derives slightly less than 90% of its revenue from Google services, the vast majority of which is advertising sales. Alongside online ads, Google services houses sales stemming from Google's subscription services (YouTube TV and YouTube Music, among others), platforms (sales and in-app purchases on Play Store), and devices (Chromebooks, Pixel smartphones, and smart home products such as Chromecast). Google's cloud computing platform accounts for roughly 10% of Alphabet's revenue. The firm's investments in up-and-coming technologies such as self-driving cars (Waymo), health (Verily), and interne
Market cap 4.2T · 190,820 employees
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
What to Watch
Holds across regimes
Correlation is similar when markets rise (+38%) and fall (+54%) — reliable in both directions.
Rock solid
Correlation barely moves across time windows — treat this as a reliable relationship.
Time Series
Time-Shifted Correlation
See how correlation changes when one series is offset in time. A taller bar at a non-zero shift means the two move together better when one leads the other — that's a potential lead/lag signal.
Correlation by shift
Click a bar to inspect. Range: -6 to 6 days.
Selected shift
No shift
Correlation at this shift
+93%
No shift — both series at their actual dates.
1,255 overlapping points at this shift
Time series with State Street SPDR Portfolio S&P 500 Growth ETF at original dates
Indexed to 100 at start
Deep Dive
Stability
How the correlation evolves over time. A stable line means the relationship is reliable; large swings signal regime-dependent behavior.
Corr
+93%
Pearson correlation
95% CI
+92% → +93%
Likely range
R²
85.6%
Variance explained
Trend agreement
78.1%
Same-direction moves
Significance
p < 0.001
Statistical confidence
Data points
1,255
Deep
Pipeline
Pipeline Summary
1,255 paired data points survived the daily window.
Raw input
1,255
1,255
Normalized
1,255
1,255
Prepared
1,255
1,255
Aligned
1,255
1,255
Invalid removed
Explore
The strongest positive and inverse pairs we’ve saved for each side of this comparison — good jumping-off points if this result raised a question.
Do They Crash Together?
How these series behave when markets are rising, falling, or diverging. A correlation that holds in drawdowns is very different from one that only works in rallies.
Both Rising
+38%
125 periods · Return correlation when both series rose
Both Falling
+54%
99 periods · Return correlation when both series fell
Diverging
-45%
25 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
0
A: 0 / B: 0
Series A
Alphabet Inc. Class C Capital Stock
GOOG
Market cap 4.2T · 190,820 employees
Stock · 1,255 raw → 1,255 prepared
Series B
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
Stock · 1,255 raw → 1,255 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
17
Estimated crossover points between normalized spreads.
Slope
0.2647
Linear regression slope.
Intercept
30.6839
Linear regression intercept.
Saved 2 hours ago · ID: stock-goog_stock-spyg_5y
SPYG
State Street SPDR Portfolio S&P 500 Growth ETF
Strongest positive