SVCO vs TLYS: Correlation
Measured on weekly returns over the past three years, Silvaco Group, Inc. (SVCO) and Tilly's, Inc. (TLYS) carry a correlation of 0.42, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SVCO and TLYS?
Across a 3-year window, the weekly returns of SVCO and TLYS correlate at 0.42, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.59 versus 0.42 over 3 years. Stretching to 5 years gives n/a, with an annualized covariance of 3696.7 %².
In SVCO's tracked universe of 27 assets, TLYS sits right near the top at #3. Their recent paths diverged sharply: over the last 12 months TLYS outperformed by 58.1 percentage points (+47.2% for SVCO against +105.3% for TLYS).
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.
SVCO vs TLYS: side by side
| SVCO (Silvaco Group, Inc.) | TLYS (Tilly's, Inc.) | |
|---|---|---|
| 1-year return | +47.2% | +105.3% |
| 5-year return | n/a | -74.2% |
| Volatility (ann.) | 80.2% | 96.5% |
| Beta vs S&P 500 | 1.47 | 0.68 |
| Max drawdown (3Y) | -83.8% | -92.3% |
| Market cap | $0.2B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SVCO | TLYS |
|---|---|---|
| 2022 | – | -43.8% |
| 2023 | – | -16.7% |
| 2024 | – | -43.6% |
| 2025 | -49.9% | -53.2% |
| 2026 | +78.8% | +93.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SVCO and TLYS good diversifiers for each other?
A fair diversifier. At 0.42, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between SVCO and TLYS?
As of 2026-08-27, the correlation of weekly returns between SVCO and TLYS is 0.42 over 3 years, 0.59 over 1 year and n/a over 5 years.
Is TLYS a good diversifier for SVCO?
A fair diversifier. At 0.42, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.42 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/svco-vs-tlys.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/svco-vs-tlys/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: SVCO correlations · TLYS correlations
