TDUP vs YJ: Correlation
How closely do ThredUp Inc. (TDUP) and Yunji Inc. - American Depository Shares (YJ) trade together? Their weekly returns over three years give a correlation of -0.25, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TDUP and YJ?
Over the past 3 years, TDUP and YJ moved with a correlation of -0.25, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.50 versus -0.25 over 3 years. Over 5 years the correlation is -0.17, and the annualized covariance of weekly returns is -4131.4 %².
Among the 13 assets we track against TDUP, YJ sits near the bottom by co-movement, at rank #11. The last year tells two different stories: YJ led by 160.0 percentage points, -76.7% for TDUP against +83.3% for YJ.
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.
TDUP vs YJ: side by side
| TDUP (ThredUp Inc.) | YJ (Yunji Inc. - American Depository Shares) | |
|---|---|---|
| 1-year return | -76.7% | +83.3% |
| 5-year return | -86.2% | -89.8% |
| Volatility (ann.) | 117.6% | 139.4% |
| Beta vs S&P 500 | 2.72 | 0.56 |
| Max drawdown (3Y) | -87.2% | -73.6% |
| Market cap | $0.4B | – |
| P/E (trailing) | – | 1.5 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | TDUP | YJ |
|---|---|---|
| 2022 | -89.7% | +30.7% |
| 2023 | +71.8% | -91.3% |
| 2024 | -38.2% | -43.4% |
| 2025 | +359.7% | -26.7% |
| 2026 | -58.1% | +170.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TDUP and YJ good diversifiers for each other?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
FAQ
What is the correlation between TDUP and YJ?
As of 2026-08-27, the correlation of weekly returns between TDUP and YJ is -0.25 over 3 years, -0.50 over 1 year and -0.17 over 5 years.
Is YJ a good diversifier for TDUP?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
What does a correlation of -0.25 mean?
A reading of -0.25 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/tdup-vs-yj.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/tdup-vs-yj/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: TDUP correlations · YJ correlations
