IVT vs YJ: Correlation
Measured on weekly returns over the past three years, InvenTrust Properties Corp. (IVT) and Yunji Inc. - American Depository Shares (YJ) carry a correlation of -0.21, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IVT and YJ?
On 3 years of weekly data the IVT/YJ correlation comes out at -0.21, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.37 versus -0.21 over 3 years. The 5-year figure is 0.00, and annualized covariance runs at -517.2 %².
Among the 11 assets we track against IVT, YJ sits near the bottom by co-movement, at rank #9. Correlation aside, the last 12 months split them widely, with YJ ahead by 69.8 points (+13.5% versus +83.3%). Note the risk asymmetry: YJ runs 7.7 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
IVT vs YJ: side by side
| IVT (InvenTrust Properties Corp.) | YJ (Yunji Inc. - American Depository Shares) | |
|---|---|---|
| 1-year return | +13.5% | +83.3% |
| 5-year return | +2915.1% | -89.8% |
| Volatility (ann.) | 18.1% | 139.4% |
| Beta vs S&P 500 | 0.34 | 0.56 |
| Max drawdown (3Y) | -15.7% | -73.6% |
| Market cap | $2.5B | – |
| P/E (trailing) | 171.8 | 1.5 |
| Dividend yield | 2.98% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | IVT | YJ |
|---|---|---|
| 2022 | -10.3% | +30.7% |
| 2023 | +11.0% | -91.3% |
| 2024 | +23.0% | -43.4% |
| 2025 | -3.2% | -26.7% |
| 2026 | +17.5% | +170.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IVT and YJ good diversifiers for each other?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
FAQ
What is the correlation between IVT and YJ?
As of 2026-08-27, the correlation of weekly returns between IVT and YJ is -0.21 over 3 years, -0.37 over 1 year and 0.00 over 5 years.
Is YJ a good diversifier for IVT?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
What does a correlation of -0.21 mean?
A reading of -0.21 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ivt-vs-yj.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ivt-vs-yj/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: IVT correlations · YJ correlations
