TE vs YOU: Correlation
How closely do T1 Energy Inc. (TE) and Clear Secure, Inc. (YOU) trade together? Their weekly returns over three years give a correlation of -0.24, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TE and YOU?
On 3 years of weekly data the TE/YOU correlation comes out at -0.24, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.24) sits close to the 3-year figure. The 5-year figure is -0.05, and annualized covariance runs at -1622.2 %².
YOU is close to the least connected end of TE's tracked universe, ranking #8 of 11. Their recent paths diverged sharply: over the last 12 months TE outperformed by 191.0 percentage points (+213.9% for TE against +22.9% for YOU). Note the risk asymmetry: TE runs 2.4 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.
TE vs YOU: side by side
| TE (T1 Energy Inc.) | YOU (Clear Secure, Inc.) | |
|---|---|---|
| 1-year return | +213.9% | +22.9% |
| 5-year return | -44.5% | +2.4% |
| Volatility (ann.) | 127.8% | 54.0% |
| Beta vs S&P 500 | 2.71 | 0.46 |
| Max drawdown (3Y) | -85.5% | -42.2% |
| Market cap | $1.5B | $6.0B |
| P/E (trailing) | – | 29.8 |
| Dividend yield | 0.00% | 1.24% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | TE | YOU |
|---|---|---|
| 2022 | -22.4% | -11.9% |
| 2023 | -78.5% | -21.4% |
| 2024 | +38.0% | +33.4% |
| 2025 | +158.9% | +35.3% |
| 2026 | -25.7% | +27.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TE and YOU good diversifiers for each other?
Yes. With a correlation of -0.24, TE and YOU have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between TE and YOU?
Using weekly returns as of 2026-08-27: -0.24 over 3 years, with -0.24 over the last year and -0.05 over 5 years.
Is YOU a good diversifier for TE?
Yes. With a correlation of -0.24, TE and YOU have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.24 mean?
A reading of -0.24 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/te-vs-you.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/te-vs-you/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: TE correlations · YOU correlations
