CURV vs TIL: Correlation
Torrid Holdings Inc. (CURV) and Instil Bio, Inc. (TIL) show a negative relationship: their 3-year correlation of weekly returns is -0.25.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CURV and TIL?
Over the past 3 years, CURV and TIL moved with a correlation of -0.25, which is negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.01) runs above the 3-year figure (-0.25). Over 5 years the correlation is -0.13, and the annualized covariance of weekly returns is -6621.4 %².
Out of 10 assets tracked against CURV, TIL lands near the bottom at #9. Correlation aside, the last 12 months split them widely, with CURV ahead by 73.3 points (+1.4% versus -71.9%). One caveat on sizing: TIL is 3.3 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.
CURV vs TIL: side by side
| CURV (Torrid Holdings Inc.) | TIL (Instil Bio, Inc.) | |
|---|---|---|
| 1-year return | +1.4% | -71.9% |
| 5-year return | -90.6% | -97.9% |
| Volatility (ann.) | 90.9% | 296.1% |
| Beta vs S&P 500 | 0.43 | 3.91 |
| Max drawdown (3Y) | -89.2% | -92.1% |
| Market cap | $0.2B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CURV | TIL |
|---|---|---|
| 2022 | -70.0% | -96.3% |
| 2023 | +94.9% | -39.5% |
| 2024 | -9.4% | +150.5% |
| 2025 | -81.3% | -42.4% |
| 2026 | +129.0% | -28.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CURV and TIL good diversifiers for each other?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between CURV and TIL?
The CURV/TIL correlation stands at -0.25 on a 3-year window (1 year: -0.01, 5 years: -0.13), computed from weekly returns as of 2026-08-27.
Is TIL a good diversifier for CURV?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.25 mean?
On the −1 to +1 scale, -0.25 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/curv-vs-til.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/curv-vs-til/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CURV correlations · TIL correlations
