RGTI vs TTE: Correlation
How closely do Rigetti Computing, Inc. (RGTI) and TotalEnergies SE (TTE) trade together? Their weekly returns over three years give a correlation of -0.22, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RGTI and TTE?
On 3 years of weekly data the RGTI/TTE correlation comes out at -0.22, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.30) sits close to the 3-year figure. The 5-year figure is -0.07, and annualized covariance runs at -619.5 %².
TTE is close to the least connected end of RGTI's tracked universe, ranking #18 of 20. Their recent paths diverged sharply: over the last 12 months TTE outperformed by 38.2 percentage points (+6.8% for RGTI against +45.0% for TTE). Risk is not evenly split, since RGTI carries 5.9 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.
RGTI vs TTE: side by side
| RGTI (Rigetti Computing, Inc.) | TTE (TotalEnergies SE) | |
|---|---|---|
| 1-year return | +6.8% | +45.0% |
| 5-year return | +69.5% | +156.2% |
| Volatility (ann.) | 129.7% | 21.8% |
| Beta vs S&P 500 | 2.64 | 0.09 |
| Max drawdown (3Y) | -77.1% | -26.2% |
| Market cap | $5.5B | $191.0B |
| P/E (trailing) | – | 10.9 |
| Dividend yield | 0.00% | 4.65% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RGTI | TTE |
|---|---|---|
| 2022 | -92.9% | +34.6% |
| 2023 | +35.1% | +14.2% |
| 2024 | +1449.2% | -14.7% |
| 2025 | +45.2% | +27.5% |
| 2026 | -25.8% | +33.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RGTI and TTE good diversifiers for each other?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between RGTI and TTE?
Using weekly returns as of 2026-08-27: -0.22 over 3 years, with -0.30 over the last year and -0.07 over 5 years.
Is TTE a good diversifier for RGTI?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.22 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/rgti-vs-tte.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/rgti-vs-tte/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: RGTI correlations · TTE correlations
