RFIL vs TYGO: Correlation
RF Industries, Ltd. (RFIL) and Tigo Energy, Inc. (TYGO) show a moderate relationship: their 3-year correlation of weekly returns is 0.45.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RFIL and TYGO?
Across a 3-year window, the weekly returns of RFIL and TYGO correlate at 0.45, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.63 versus 0.45 over 3 years. Stretching to 5 years gives 0.37, with an annualized covariance of 3068.5 %².
TYGO is one of the assets that tracks RFIL most closely: it ranks #2 out of the 12 assets we track against RFIL. Correlation aside, the last 12 months split them widely, with RFIL ahead by 65.8 points (+47.4% versus -18.4%).
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.
RFIL vs TYGO: side by side
| RFIL (RF Industries, Ltd.) | TYGO (Tigo Energy, Inc.) | |
|---|---|---|
| 1-year return | +47.4% | -18.4% |
| 5-year return | +32.3% | -88.7% |
| Volatility (ann.) | 67.8% | 100.4% |
| Beta vs S&P 500 | 0.66 | 0.62 |
| Max drawdown (3Y) | -50.7% | -94.1% |
| Market cap | $0.1B | $0.1B |
| P/E (trailing) | 83.5 | 6.9 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RFIL | TYGO |
|---|---|---|
| 2022 | -35.8% | +3.0% |
| 2023 | -40.9% | -79.5% |
| 2024 | +28.6% | -52.9% |
| 2025 | +47.8% | +40.1% |
| 2026 | +87.7% | -19.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RFIL and TYGO good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.45 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between RFIL and TYGO?
As of 2026-08-27, the correlation of weekly returns between RFIL and TYGO is 0.45 over 3 years, 0.63 over 1 year and 0.37 over 5 years.
Is TYGO a good diversifier for RFIL?
Yes, to a useful degree: a correlation of 0.45 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.45 mean?
On the −1 to +1 scale, 0.45 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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Related comparisons
Hubs: RFIL correlations · TYGO correlations
