TMUS vs TYGO: Correlation
Measured on weekly returns over the past three years, T-Mobile US (TMUS) and Tigo Energy, Inc. (TYGO) carry a correlation of -0.22, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TMUS and TYGO?
On 3 years of weekly data the TMUS/TYGO correlation comes out at -0.22, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.39) than the 3-year average (-0.22). The 5-year figure is -0.17, and annualized covariance runs at -553.9 %².
By 3-year correlation, TYGO places #25 of the 31 assets tracked against TMUS. On 12-month performance TYGO holds a 9.6-point edge, -28.0% against -18.4%. Risk is not evenly split, since TYGO carries 4.1 times the volatility of the other side.
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.
TMUS vs TYGO: side by side
| TMUS (T-Mobile US) | TYGO (Tigo Energy, Inc.) | |
|---|---|---|
| 1-year return | -28.0% | -18.4% |
| 5-year return | +34.8% | -88.7% |
| Volatility (ann.) | 24.6% | 100.4% |
| Beta vs S&P 500 | 0.36 | 0.62 |
| Max drawdown (3Y) | -37.1% | -94.1% |
| Market cap | $190.7B | $0.1B |
| P/E (trailing) | 18.8 | 6.9 |
| Dividend yield | 2.27% | 0.00% |
| Sector / category | Communication Services | US Listed |
Year-by-year returns
| Year | TMUS | TYGO |
|---|---|---|
| 2022 | +20.7% | +3.0% |
| 2023 | +15.0% | -79.5% |
| 2024 | +39.7% | -52.9% |
| 2025 | -6.6% | +40.1% |
| 2026 | -11.6% | -19.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TMUS and TYGO good diversifiers for each other?
Yes. With a correlation of -0.22, TMUS and TYGO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between TMUS and TYGO?
As of 2026-08-27, the correlation of weekly returns between TMUS and TYGO is -0.22 over 3 years, -0.39 over 1 year and -0.17 over 5 years.
Is TYGO a good diversifier for TMUS?
Yes. With a correlation of -0.22, TMUS and TYGO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.22 mean?
On the −1 to +1 scale, -0.22 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/tmus-vs-tygo.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/tmus-vs-tygo/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: TMUS correlations · TYGO correlations
