FDS vs TRI: Correlation
FactSet (FDS) and Thomson Reuters Corp (TRI) show a strong relationship: their 3-year correlation of weekly returns is 0.65.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FDS and TRI?
Over the past 3 years, FDS and TRI moved with a correlation of 0.65, which is strong. The past 12 months show a tighter link (0.76) than the 3-year average (0.65). Over 5 years the correlation is 0.63, and the annualized covariance of weekly returns is 659.0 %².
TRI is one of the assets that tracks FDS most closely: it ranks #3 out of the 32 assets we track against FDS. The last year tells two different stories: FDS led by 19.0 percentage points, -18.6% for FDS against -37.6% for TRI.
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.
FDS vs TRI: side by side
| FDS (FactSet) | TRI (Thomson Reuters Corp) | |
|---|---|---|
| 1-year return | -18.6% | -37.6% |
| 5-year return | -15.8% | -0.4% |
| Volatility (ann.) | 31.9% | 32.0% |
| Beta vs S&P 500 | 0.56 | 0.53 |
| Max drawdown (3Y) | -61.1% | -62.9% |
| Market cap | $10.8B | $45.4B |
| P/E (trailing) | 19.5 | 27.6 |
| Dividend yield | 1.51% | 2.48% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | FDS | TRI |
|---|---|---|
| 2022 | -16.7% | -3.0% |
| 2023 | +20.0% | +30.0% |
| 2024 | +1.6% | +11.1% |
| 2025 | -38.9% | -16.6% |
| 2026 | +6.0% | -17.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FDS and TRI good diversifiers for each other?
To a limited degree. At 0.65 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 FDS and TRI?
Using weekly returns as of 2026-08-27: 0.65 over 3 years, with 0.76 over the last year and 0.63 over 5 years.
Is TRI a good diversifier for FDS?
To a limited degree. At 0.65 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 0.65 mean?
On the −1 to +1 scale, 0.65 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/fds-vs-tri.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/fds-vs-tri/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: FDS correlations · TRI correlations
