SPYG vs TTWO: Correlation
How closely do SPDR Portfolio S&P 500 Growth ETF (SPYG) and Take-Two Interactive (TTWO) trade together? Their weekly returns over three years give a correlation of 0.47, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SPYG and TTWO?
Across a 3-year window, the weekly returns of SPYG and TTWO correlate at 0.47, moderate. The relationship has been stable: the 1-year correlation (0.50) sits close to the 3-year figure. Stretching to 5 years gives 0.43, with an annualized covariance of 241.9 %².
Within SPYG's tracked universe of 97 assets, TTWO comes in at #75 by 3-year correlation. The last year tells two different stories: SPYG led by 22.0 percentage points, +22.4% for SPYG against +0.4% for TTWO. On a rolling one-year basis the correlation drifted between 0.32 and 0.68, a moderate band.
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.
SPYG vs TTWO: side by side
| SPYG (SPDR Portfolio S&P 500 Growth ETF) | TTWO (Take-Two Interactive) | |
|---|---|---|
| 1-year return | +22.4% | +0.4% |
| 5-year return | +85.9% | +47.3% |
| Volatility (ann.) | 18.9% | 27.3% |
| Beta vs S&P 500 | 1.25 | 0.85 |
| Max drawdown (3Y) | -22.1% | -27.7% |
| Market cap | – | $43.6B |
| P/E (trailing) | – | – |
| Dividend yield | 0.49% | 0.00% |
| Expense ratio | 0.04% | – |
| Assets under management | $52.2B | – |
| Sector / category | ETF · US Style | Communication Services |
On the fund side, SPYG sits in the Large Growth category at State Street Investment Management, with $52.2B under management, 148 holdings, a 0.04% expense ratio, a 0.49% trailing dividend yield.
Year-by-year returns
| Year | SPYG | TTWO |
|---|---|---|
| 2022 | -29.4% | -41.4% |
| 2023 | +30.0% | +54.6% |
| 2024 | +36.0% | +14.4% |
| 2025 | +22.1% | +39.1% |
| 2026 | +14.5% | -9.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Fund exposure
A structural note: 0.06% of SPYG is TTWO itself, so the fund partly moves with the stock by construction.
Are SPYG and TTWO good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.47 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between SPYG and TTWO?
As of 2026-08-27, the correlation of weekly returns between SPYG and TTWO is 0.47 over 3 years, 0.50 over 1 year and 0.43 over 5 years.
Is TTWO a good diversifier for SPYG?
Yes, to a useful degree: a correlation of 0.47 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.47 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/spyg-vs-ttwo.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/spyg-vs-ttwo/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: SPYG correlations · TTWO correlations
