EXPO vs TRMK: Correlation
How closely do Exponent, Inc. (EXPO) and Trustmark Corporation (TRMK) trade together? Their weekly returns over three years give a correlation of 0.50, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EXPO and TRMK?
Across a 3-year window, the weekly returns of EXPO and TRMK correlate at 0.50, moderate. The past 12 months show a weaker link (0.30) than the 3-year average (0.50). Stretching to 5 years gives 0.40, with an annualized covariance of 429.0 %².
Within EXPO's tracked universe of 13 assets, TRMK comes in at #5 by 3-year correlation. The last year tells two different stories: TRMK led by 17.3 percentage points, -0.8% for EXPO against +16.5% for TRMK.
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.
EXPO vs TRMK: side by side
| EXPO (Exponent, Inc.) | TRMK (Trustmark Corporation) | |
|---|---|---|
| 1-year return | -0.8% | +16.5% |
| 5-year return | -35.2% | +69.7% |
| Volatility (ann.) | 31.7% | 27.0% |
| Beta vs S&P 500 | 0.84 | 0.91 |
| Max drawdown (3Y) | -52.4% | -22.0% |
| Market cap | $3.4B | $2.7B |
| P/E (trailing) | 31.9 | 11.8 |
| Dividend yield | 1.73% | 2.12% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EXPO | TRMK |
|---|---|---|
| 2022 | -14.3% | +10.7% |
| 2023 | -10.1% | -17.0% |
| 2024 | +2.4% | +30.6% |
| 2025 | -20.8% | +13.0% |
| 2026 | +3.4% | +20.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EXPO and TRMK good diversifiers for each other?
To a limited degree. At 0.50 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between EXPO and TRMK?
The EXPO/TRMK correlation stands at 0.50 on a 3-year window (1 year: 0.30, 5 years: 0.40), computed from weekly returns as of 2026-08-27.
Is TRMK a good diversifier for EXPO?
To a limited degree. At 0.50 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.50 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
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Related comparisons
Hubs: EXPO correlations · TRMK correlations
