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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

Correlation (3Y)
-0.32
negative
Correlation (1Y)
-0.51
last 12 months
Correlation (5Y)
-0.24
long-run
Ann. covariance
-10412.6
%² · weekly, annualized

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 5001.05-0.53
Max drawdown (3Y)-31.8%-100.0%
Market cap$24.6B
P/E (trailing)17.9
Dividend yield1.23%0.00%
Sector / categoryConsumer DiscretionaryUS Listed
Higher yield: TPR 1.23% vs 0.00%Smaller drawdown: TPR -31.8% vs -100.0%Higher 5y return: TPR +240.1% vs -100.0%
-100%0%+57%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. TPR · YYAI

Year-by-year returns

YearTPRYYAI
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.

Use this data

JSON API · no key required
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TPR vs YYAI: 3-year weekly correlation -0.32TPR vs YYAI-0.32

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Hubs: TPR correlations · YYAI correlations