CWK vs TRUP: Correlation
Cushman & Wakefield Ltd. (CWK) and Trupanion, Inc. (TRUP) show a moderate relationship: their 3-year correlation of weekly returns is 0.49.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CWK and TRUP?
Across a 3-year window, the weekly returns of CWK and TRUP correlate at 0.49, moderate. Little has changed lately, as the 1-year reading of 0.54 lands near the 3-year figure. Stretching to 5 years gives 0.51, with an annualized covariance of 1405.1 %².
Within CWK's tracked universe of 26 assets, TRUP comes in at #16 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months CWK outperformed by 24.6 percentage points (-11.4% for CWK against -36.0% for TRUP).
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.
CWK vs TRUP: side by side
| CWK (Cushman & Wakefield Ltd.) | TRUP (Trupanion, Inc.) | |
|---|---|---|
| 1-year return | -11.4% | -36.0% |
| 5-year return | -22.4% | -68.9% |
| Volatility (ann.) | 47.1% | 60.9% |
| Beta vs S&P 500 | 1.67 | 1.57 |
| Max drawdown (3Y) | -49.0% | -62.0% |
| Market cap | $3.3B | $1.3B |
| P/E (trailing) | 50.5 | 57.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CWK | TRUP |
|---|---|---|
| 2022 | -44.0% | -64.0% |
| 2023 | -13.3% | -35.8% |
| 2024 | +21.1% | +58.0% |
| 2025 | +23.8% | -22.5% |
| 2026 | -12.7% | -20.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CWK and TRUP good diversifiers for each other?
Reasonably. At 0.49, CWK and TRUP keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CWK and TRUP?
Using weekly returns as of 2026-08-27: 0.49 over 3 years, with 0.54 over the last year and 0.51 over 5 years.
Is TRUP a good diversifier for CWK?
Reasonably. At 0.49, CWK and TRUP keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.49 mean?
On the −1 to +1 scale, 0.49 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/cwk-vs-trup.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cwk-vs-trup/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CWK correlations · TRUP correlations
