ASG vs TRMB: Correlation
Measured on weekly returns over the past three years, Liberty All-Star Growth Fund, Inc. (ASG) and Trimble Inc. (TRMB) carry a correlation of 0.55, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ASG and TRMB?
Over the past 3 years, ASG and TRMB moved with a correlation of 0.55, which is moderate. The link has loosened recently: the 1-year correlation (0.39) runs below the 3-year figure (0.55). Over 5 years the correlation is 0.62, and the annualized covariance of weekly returns is 312.4 %².
By 3-year correlation, TRMB places #32 of the 52 assets tracked against ASG. Their recent paths diverged sharply: over the last 12 months ASG outperformed by 28.4 percentage points (+3.3% for ASG against -25.1% for TRMB). Note the risk asymmetry: TRMB runs 1.7 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.
ASG vs TRMB: side by side
| ASG (Liberty All-Star Growth Fund, Inc.) | TRMB (Trimble Inc.) | |
|---|---|---|
| 1-year return | +3.3% | -25.1% |
| 5-year return | -5.6% | -35.7% |
| Volatility (ann.) | 18.3% | 30.9% |
| Beta vs S&P 500 | 1.12 | 1.13 |
| Max drawdown (3Y) | -25.3% | -42.7% |
| Market cap | $0.3B | $14.3B |
| P/E (trailing) | 23.9 | – |
| Dividend yield | 8.76% | 0.00% |
| Sector / category | US Listed | Information Technology |
Year-by-year returns
| Year | ASG | TRMB |
|---|---|---|
| 2022 | -40.9% | -42.0% |
| 2023 | +16.2% | +5.2% |
| 2024 | +16.8% | +32.8% |
| 2025 | +2.2% | +10.9% |
| 2026 | +6.0% | -21.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ASG and TRMB good diversifiers for each other?
Only partially. A correlation of 0.55 means ASG and TRMB share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between ASG and TRMB?
Using weekly returns as of 2026-08-27: 0.55 over 3 years, with 0.39 over the last year and 0.62 over 5 years.
Is TRMB a good diversifier for ASG?
Only partially. A correlation of 0.55 means ASG and TRMB share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.55 mean?
On the −1 to +1 scale, 0.55 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/asg-vs-trmb.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/asg-vs-trmb/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ASG correlations · TRMB correlations
