TYRA vs. FIGS

Last updated Jun 3, 2026

TYRA (Tyra Biosciences, Inc.) and FIGS (FIGS, Inc.) are both stocks. TYRA operates in Biotechnology (Healthcare), while FIGS operates in Apparel Manufacturing (Consumer Cyclical). Over the past 3 years, TYRA returned 25.41%/yr vs 10.46%/yr for FIGS. At a 0.24 correlation, their price movements are largely independent.

Performance

TYRA vs. FIGS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tyra Biosciences, Inc. (TYRA) and FIGS, Inc. (FIGS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TYRA achieves a 9.01% return, which is significantly higher than FIGS's 0.62% return.

TYRA

• 1D: -5.69%
• 1M: -15.80%
• YTD: 9.01%
• 6M: 37.00%
• 1Y: 198.54%
• 3Y*: 25.41%
• 5Y*: —
• 10Y*: —

FIGS

• 1D: -2.64%
• 1M: -25.78%
• YTD: 0.62%
• 6M: 7.32%
• 1Y: 162.76%
• 3Y*: 10.46%
• 5Y*: -18.49%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

TYRA vs. FIGS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
TYRA Tyra Biosciences, Inc.	9.01%	89.14%	0.36%	82.24%	-45.98%	-45.88%
FIGS FIGS, Inc.	0.62%	83.52%	-10.94%	3.27%	-75.58%	-32.22%

Correlation

The correlation between TYRA and FIGS is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.08
Correlation (3Y) Calculated over the trailing 3-year period	0.20
Correlation (All Time) Calculated using the full available price history since Sep 16, 2021	0.24

The correlation between TYRA and FIGS shifts across timeframes, from 0.08 (1 year) to 0.24 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap TYRA : $1.77B FIGS : $2.24B
EPS TYRA : -$2.18 FIGS : $0.22
PB Ratio TYRA : 4.57 FIGS : 5.20
Total Revenue (TTM) TYRA : $0.00 FIGS : $666.10M
Gross Profit (TTM) TYRA : -$132.00K FIGS : $443.68M
EBITDA (TTM) TYRA : -$129.69M FIGS : $56.86M

Return for Risk

TYRA vs. FIGS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TYRA

TYRA Risk / Return Rank: 94
TYRA Sharpe Ratio Rank: 95
TYRA Sortino Ratio Rank: 94
TYRA Omega Ratio Rank: 90
TYRA Calmar Ratio Rank: 95
TYRA Martin Ratio Rank: 98

FIGS

FIGS Risk / Return Rank: 90
FIGS Sharpe Ratio Rank: 92
FIGS Sortino Ratio Rank: 88
FIGS Omega Ratio Rank: 90
FIGS Calmar Ratio Rank: 90
FIGS Martin Ratio Rank: 92

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TYRA vs. FIGS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tyra Biosciences, Inc. (TYRA) and FIGS, Inc. (FIGS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	TYRA	FIGS	Difference
Sharpe ratio Return per unit of total volatility	3.27	2.60	+0.67
Sortino ratio Return per unit of downside risk	3.90	3.06	+0.83
Omega ratio Gain probability vs. loss probability	1.44	1.44	+0.01
Calmar ratio Return relative to maximum drawdown	7.59	4.90	+2.69
Martin ratio Return relative to average drawdown	30.54	15.08	+15.46
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TYRA vs. FIGS - Sharpe Ratio Comparison

The current TYRA Sharpe Ratio is 3.27, which is comparable to the FIGS Sharpe Ratio of 2.60. The chart below compares the historical Sharpe Ratios of TYRA and FIGS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	TYRA	FIGS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.27	2.60	+0.67
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.26	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.03	-0.25	+0.28

Drawdowns

TYRA vs. FIGS - Drawdown Comparison

The maximum TYRA drawdown since its inception was -83.22%, smaller than the maximum FIGS drawdown of -92.77%. Use the drawdown chart below to compare losses from any high point for TYRA and FIGS.

Drawdown Indicators

	TYRA	FIGS	Difference
Max Drawdown Largest peak-to-trough decline	-83.22%	-92.77%	+9.55%
Max Drawdown (1Y) Largest decline over 1 year	-27.64%	-33.24%	+5.60%
Max Drawdown (3Y) Largest decline over 3 years	-75.32%	-58.15%	-17.17%
Max Drawdown (5Y) Largest decline over 5 years	—	-92.77%	—
Current Drawdown Current decline from peak	-27.64%	-77.19%	+49.55%
Average Drawdown Average peak-to-trough decline	-51.08%	-75.93%	+24.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.87%	10.79%	-3.92%

Volatility

TYRA vs. FIGS - Volatility Comparison

The current volatility for Tyra Biosciences, Inc. (TYRA) is 16.23%, while FIGS, Inc. (FIGS) has a volatility of 32.88%. This indicates that TYRA experiences smaller price fluctuations and is considered to be less risky than FIGS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TYRA	FIGS	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.23%	32.88%	-16.65%
Volatility (6M) Calculated over the trailing 6-month period	39.03%	51.95%	-12.92%
Volatility (1Y) Calculated over the trailing 1-year period	61.67%	62.97%	-1.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	81.88%	70.13%	+11.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	81.88%	70.39%	+11.49%

Dividends

TYRA vs. FIGS - Dividend Comparison

Neither TYRA nor FIGS has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both TYRA and FIGS in my portfolio?

TYRA and FIGS have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TYRA or FIGS?

FIGS has higher volatility (32.88%) compared to TYRA (16.23%). In terms of maximum drawdown, TYRA dropped -83.22% vs FIGS's -92.77%.

Which has better risk-adjusted returns?

TYRA currently has the higher Sharpe Ratio (3.27 vs 2.60), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.