BAC vs TRT: Correlation
How closely do Bank of America (BAC) and Trio-Tech International (TRT) trade together? Their weekly returns over three years give a correlation of -0.16, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BAC and TRT?
On 3 years of weekly data the BAC/TRT correlation comes out at -0.16, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.30 versus -0.16 over 3 years. The 5-year figure is -0.05, and annualized covariance runs at -453.5 %².
Within BAC's tracked universe of 45 assets, TRT comes in at #36 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months TRT outperformed by 271.4 percentage points (+24.1% for BAC against +295.5% for TRT). Risk is not evenly split, since TRT 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.
BAC vs TRT: side by side
| BAC (Bank of America) | TRT (Trio-Tech International) | |
|---|---|---|
| 1-year return | +24.1% | +295.5% |
| 5-year return | +66.0% | +365.8% |
| Volatility (ann.) | 26.5% | 107.4% |
| Beta vs S&P 500 | 1.11 | 0.18 |
| Max drawdown (3Y) | -27.5% | -54.6% |
| Market cap | $427.7B | – |
| P/E (trailing) | 14.1 | 209.6 |
| Dividend yield | 1.80% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | BAC | TRT |
|---|---|---|
| 2022 | -23.8% | -66.5% |
| 2023 | +4.8% | +12.7% |
| 2024 | +33.9% | +14.6% |
| 2025 | +28.0% | +127.9% |
| 2026 | +12.4% | +58.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BAC and TRT good diversifiers for each other?
By historical standards, yes. A correlation of -0.16 means the two rarely move for the same reasons.
FAQ
What is the correlation between BAC and TRT?
The BAC/TRT correlation stands at -0.16 on a 3-year window (1 year: -0.30, 5 years: -0.05), computed from weekly returns as of 2026-08-27.
Is TRT a good diversifier for BAC?
By historical standards, yes. A correlation of -0.16 means the two rarely move for the same reasons.
What does a correlation of -0.16 mean?
A reading of -0.16 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/bac-vs-trt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bac-vs-trt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BAC correlations · TRT correlations
