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ILLR vs SPY: Correlation

Triller Group Inc. (ILLR) and SPDR S&P 500 ETF Trust (SPY) show a near-zero relationship: their 3-year correlation of weekly returns is 0.08.

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

Correlation (3Y)
0.08
near-zero
Correlation (1Y)
0.20
last 12 months
Correlation (5Y)
0.07
long-run
Ann. covariance
512.8
%² · weekly, annualized

How correlated are ILLR and SPY?

Across a 3-year window, the weekly returns of ILLR and SPY correlate at 0.08, near zero, meaning they move largely independently. Lately the two have moved closer together, with the 1-year correlation at 0.20 versus 0.08 over 3 years. Stretching to 5 years gives 0.07, with an annualized covariance of 512.8 %².

Among the 12 assets we track against ILLR, SPY ranks #7 by 3-year correlation. The last year tells two different stories: SPY led by 100.2 percentage points, -79.6% for ILLR against +20.6% for SPY. Risk is not evenly split, since ILLR carries 31.9 times the volatility of the other side.

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.

ILLR vs SPY: side by side

ILLR (Triller Group Inc.)SPY (SPDR S&P 500 ETF Trust)
1-year return-79.6%+20.6%
5-year return-99.6%+82.4%
Volatility (ann.)462.5%14.5%
Beta vs S&P 5002.451.00
Max drawdown (3Y)-99.7%-18.8%
Market cap
P/E (trailing)
Dividend yield0.00%1.01%
Expense ratio0.09%
Assets under management$795.3B
Sector / categoryUS ListedETF · US Large Cap
Higher yield: SPY 1.01% vs 0.00%Smaller drawdown: SPY -18.8% vs -99.7%Higher 5y return: SPY +82.4% vs -99.6%

SPY is a Large Blend fund from State Street Investment Management: $795.3B under management, 504 holdings, a 0.09% expense ratio, a 1.01% trailing dividend yield.

-93%0%+184%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. ILLR · SPY

Year-by-year returns

YearILLRSPY
2022-86.0%-18.2%
2023-68.4%+26.2%
2024+137.0%+24.9%
2025-98.7%+17.7%
2026+207.5%+13.7%

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

Are ILLR and SPY good diversifiers for each other?

Yes: at 0.08, the two have gone their own ways historically, which is what genuine diversification looks like.

FAQ

What is the correlation between ILLR and SPY?

Using weekly returns as of 2026-08-27: 0.08 over 3 years, with 0.20 over the last year and 0.07 over 5 years.

Is SPY a good diversifier for ILLR?

Yes: at 0.08, the two have gone their own ways historically, which is what genuine diversification looks like.

What does a correlation of 0.08 mean?

On the −1 to +1 scale, 0.08 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.

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ILLR vs SPY: 3-year weekly correlation 0.08ILLR vs SPY0.08

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Hubs: ILLR correlations · SPY correlations