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SPY vs YYAI: Correlation

SPDR S&P 500 ETF Trust (SPY) and AiRWA Inc. (YYAI) show a near-zero relationship: their 3-year correlation of weekly returns is -0.01.

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

Correlation (3Y)
-0.01
near-zero
Correlation (1Y)
0.01
last 12 months
Correlation (5Y)
0.01
long-run
Ann. covariance
-110.5
%² · weekly, annualized

How correlated are SPY and YYAI?

Across a 3-year window, the weekly returns of SPY and YYAI correlate at -0.01, near zero, meaning they move largely independently. The relationship has been stable: the 1-year correlation (0.01) sits close to the 3-year figure. Stretching to 5 years gives 0.01, with an annualized covariance of -110.5 %².

Among the 4755 assets we track against SPY, YYAI ranks #4624 by 3-year correlation. Correlation aside, the last 12 months split them widely, with SPY ahead by 120.6 points (+20.6% versus -100.0%). Note the risk asymmetry: YYAI runs 58.5 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.

SPY vs YYAI: side by side

SPY (SPDR S&P 500 ETF Trust)YYAI (AiRWA Inc.)
1-year return+20.6%-100.0%
5-year return+82.4%-100.0%
Volatility (ann.)14.5%848.8%
Beta vs S&P 5001.00-0.53
Max drawdown (3Y)-18.8%-100.0%
Market cap
P/E (trailing)
Dividend yield1.01%0.00%
Expense ratio0.09%
Assets under management$795.3B
Sector / categoryETF · US Large CapUS Listed
Higher yield: SPY 1.01% vs 0.00%Smaller drawdown: SPY -18.8% vs -100.0%Higher 5y return: SPY +82.4% vs -100.0%

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.

-100%0%+48%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. SPY · YYAI

Year-by-year returns

YearSPYYYAI
2022-18.2%-98.6%
2023+26.2%-97.8%
2024+24.9%-69.5%
2025+17.7%-98.7%
2026+13.7%-96.9%

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

Are SPY and YYAI good diversifiers for each other?

By historical standards, yes. A correlation of -0.01 means the two rarely move for the same reasons.

FAQ

What is the correlation between SPY and YYAI?

As of 2026-08-27, the correlation of weekly returns between SPY and YYAI is -0.01 over 3 years, 0.01 over 1 year and 0.01 over 5 years.

Is YYAI a good diversifier for SPY?

By historical standards, yes. A correlation of -0.01 means the two rarely move for the same reasons.

What does a correlation of -0.01 mean?

A reading of -0.01 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.

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SPY vs YYAI: 3-year weekly correlation -0.01SPY vs YYAI-0.01

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Hubs: SPY correlations · YYAI correlations