CIIT vs XLY: Correlation
Tianci International, Inc. (CIIT) and Consumer Discretionary Select Sector SPDR Fund (XLY) show a negative relationship: their 3-year correlation of weekly returns is -0.17.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CIIT and XLY?
Across a 3-year window, the weekly returns of CIIT and XLY correlate at -0.17, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.26) sits close to the 3-year figure. Stretching to 5 years gives -0.11, with an annualized covariance of -2187.7 %².
Within CIIT's tracked universe of 27 assets, XLY comes in at #14 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months XLY outperformed by 34.4 percentage points (-34.5% for CIIT against -0.1% for XLY). One caveat on sizing: CIIT is 34.2 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.
CIIT vs XLY: side by side
| CIIT (Tianci International, Inc.) | XLY (Consumer Discretionary Select Sector SPDR Fund) | |
|---|---|---|
| 1-year return | -34.5% | -0.1% |
| 5-year return | -77.6% | +31.8% |
| Volatility (ann.) | 673.6% | 19.7% |
| Beta vs S&P 500 | -2.24 | 1.15 |
| Max drawdown (3Y) | -99.2% | -26.0% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.78% |
| Expense ratio | – | 0.08% |
| Assets under management | – | $22.5B |
| Sector / category | US Listed | Sector ETF |
XLY is a Consumer Cyclical fund from State Street Investment Management: $22.5B under management, 47 holdings, a 0.08% expense ratio, a 0.78% trailing dividend yield.
Year-by-year returns
| Year | CIIT | XLY |
|---|---|---|
| 2022 | +36.4% | -36.3% |
| 2023 | -44.8% | +39.6% |
| 2024 | +383.1% | +26.5% |
| 2025 | -91.7% | +7.4% |
| 2026 | +41.6% | -2.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CIIT and XLY good diversifiers for each other?
Yes. With a correlation of -0.17, CIIT and XLY have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between CIIT and XLY?
As of 2026-08-27, the correlation of weekly returns between CIIT and XLY is -0.17 over 3 years, -0.26 over 1 year and -0.11 over 5 years.
Is XLY a good diversifier for CIIT?
Yes. With a correlation of -0.17, CIIT and XLY have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.17 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/ciit-vs-xly.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ciit-vs-xly/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CIIT correlations · XLY correlations
