TPR vs YYAI: Correlation
How closely do Tapestry, Inc. (TPR) and AiRWA Inc. (YYAI) trade together? Their weekly returns over three years give a correlation of -0.32, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TPR and YYAI?
On 3 years of weekly data the TPR/YYAI correlation comes out at -0.32, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.51) runs below the 3-year figure (-0.32). The 5-year figure is -0.24, and annualized covariance runs at -10412.6 %².
YYAI is close to the least connected end of TPR's tracked universe, ranking #34 of 36. Correlation aside, the last 12 months split them widely, with TPR ahead by 123.6 points (+23.6% versus -100.0%). One caveat on sizing: YYAI is 22.5 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
TPR vs YYAI: side by side
| TPR (Tapestry, Inc.) | YYAI (AiRWA Inc.) | |
|---|---|---|
| 1-year return | +23.6% | -100.0% |
| 5-year return | +240.1% | -100.0% |
| Volatility (ann.) | 37.8% | 848.8% |
| Beta vs S&P 500 | 1.05 | -0.53 |
| Max drawdown (3Y) | -31.8% | -100.0% |
| Market cap | $24.6B | – |
| P/E (trailing) | 17.9 | – |
| Dividend yield | 1.23% | 0.00% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | TPR | YYAI |
|---|---|---|
| 2022 | -3.3% | -98.6% |
| 2023 | +0.2% | -97.8% |
| 2024 | +82.8% | -69.5% |
| 2025 | +98.7% | -98.7% |
| 2026 | -3.0% | -96.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TPR and YYAI good diversifiers for each other?
Yes. With a correlation of -0.32, TPR and YYAI have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between TPR and YYAI?
Using weekly returns as of 2026-08-27: -0.32 over 3 years, with -0.51 over the last year and -0.24 over 5 years.
Is YYAI a good diversifier for TPR?
Yes. With a correlation of -0.32, TPR and YYAI have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.32 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.
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Hubs: TPR correlations · YYAI correlations