SPY vs TII: Correlation
Measured on weekly returns over the past three years, SPDR S&P 500 ETF Trust (SPY) and Titan Mining Corporation (TII) carry a correlation of 0.07, a near-zero link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SPY and TII?
On 3 years of weekly data the SPY/TII correlation comes out at 0.07, near zero, meaning they move largely independently. The link has tightened recently: the 1-year correlation (0.23) runs above the 3-year figure (0.07). The 5-year figure is 0.05, and annualized covariance runs at 89.1 %².
Among the 4755 assets we track against SPY, TII ranks #4295 by 3-year correlation. The last year tells two different stories: TII led by 85.5 percentage points, +20.6% for SPY against +106.1% for TII. Risk is not evenly split, since TII carries 6.5 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.
SPY vs TII: side by side
| SPY (SPDR S&P 500 ETF Trust) | TII (Titan Mining Corporation) | |
|---|---|---|
| 1-year return | +20.6% | +106.1% |
| 5-year return | +82.4% | +633.2% |
| Volatility (ann.) | 14.5% | 94.7% |
| Beta vs S&P 500 | 1.00 | 0.43 |
| Max drawdown (3Y) | -18.8% | -63.6% |
| Market cap | – | $0.3B |
| P/E (trailing) | – | – |
| Dividend yield | 1.01% | 0.00% |
| Expense ratio | 0.09% | – |
| Assets under management | $795.3B | – |
| Sector / category | ETF · US Large Cap | US Listed |
On the fund side, SPY sits in the Large Blend category at State Street Investment Management, with $795.3B under management, 504 holdings, a 0.09% expense ratio, a 1.01% trailing dividend yield.
Year-by-year returns
| Year | SPY | TII |
|---|---|---|
| 2022 | -18.2% | -15.7% |
| 2023 | +26.2% | -25.1% |
| 2024 | +24.9% | -19.3% |
| 2025 | +17.7% | +826.4% |
| 2026 | +13.7% | -3.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SPY and TII good diversifiers for each other?
Yes: at 0.07, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between SPY and TII?
As of 2026-08-27, the correlation of weekly returns between SPY and TII is 0.07 over 3 years, 0.23 over 1 year and 0.05 over 5 years.
Is TII a good diversifier for SPY?
Yes: at 0.07, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of 0.07 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/spy-vs-tii.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/spy-vs-tii/)
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Related comparisons
Hubs: SPY correlations · TII correlations
