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GME vs TTE: Correlation

Measured on weekly returns over the past three years, GameStop Corporation (GME) and TotalEnergies SE (TTE) carry a correlation of -0.22, a negative link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.22
negative
Correlation (1Y)
0.04
last 12 months
Correlation (5Y)
-0.03
long-run
Ann. covariance
-281.5
%² · weekly, annualized

How correlated are GME and TTE?

On 3 years of weekly data the GME/TTE correlation comes out at -0.22, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.04 versus -0.22 over 3 years. The 5-year figure is -0.03, and annualized covariance runs at -281.5 %².

Among the 10 assets we track against GME, TTE sits near the bottom by co-movement, at rank #8. The last year tells two different stories: TTE led by 63.9 percentage points, -18.9% for GME against +45.0% for TTE. One caveat on sizing: GME is 2.6 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.

GME vs TTE: side by side

GME (GameStop Corporation)TTE (TotalEnergies SE)
1-year return-18.9%+45.0%
5-year return-65.1%+156.2%
Volatility (ann.)57.6%21.8%
Beta vs S&P 5000.610.09
Max drawdown (3Y)-63.2%-26.2%
Market cap$8.2B$191.0B
P/E (trailing)13.410.9
Dividend yield0.00%4.65%
Sector / categoryUS ListedUS Listed
Lower P/E: TTE 10.9 vs 13.4Higher yield: TTE 4.65% vs 0.00%Smaller drawdown: TTE -26.2% vs -63.2%Higher 5y return: TTE +156.2% vs -65.1%
-20%0%+59%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. GME · TTE

Year-by-year returns

YearGMETTE
2022-50.2%+34.6%
2023-5.0%+14.2%
2024+78.8%-14.7%
2025-35.9%+27.5%
2026-9.1%+33.4%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are GME and TTE good diversifiers for each other?

By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.

FAQ

What is the correlation between GME and TTE?

As of 2026-08-27, the correlation of weekly returns between GME and TTE is -0.22 over 3 years, 0.04 over 1 year and -0.03 over 5 years.

Is TTE a good diversifier for GME?

By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.

What does a correlation of -0.22 mean?

On the −1 to +1 scale, -0.22 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

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GME vs TTE: 3-year weekly correlation -0.22GME vs TTE-0.22

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Related comparisons

Hubs: GME correlations · TTE correlations