FOUR vs TRU: Correlation
Shift4 Payments, Inc. (FOUR) and TransUnion (TRU) show a moderate relationship: their 3-year correlation of weekly returns is 0.50.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FOUR and TRU?
Over the past 3 years, FOUR and TRU moved with a correlation of 0.50, which is moderate. The past 12 months show a weaker link (0.34) than the 3-year average (0.50). Over 5 years the correlation is 0.46, and the annualized covariance of weekly returns is 1106.9 %².
Within FOUR's tracked universe of 20 assets, TRU comes in at #6 by 3-year correlation. Correlation aside, the last 12 months split them widely, with TRU ahead by 47.0 points (-51.3% versus -4.3%).
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.
FOUR vs TRU: side by side
| FOUR (Shift4 Payments, Inc.) | TRU (TransUnion) | |
|---|---|---|
| 1-year return | -51.3% | -4.3% |
| 5-year return | -48.7% | -27.4% |
| Volatility (ann.) | 52.8% | 41.6% |
| Beta vs S&P 500 | 1.43 | 1.71 |
| Max drawdown (3Y) | -71.6% | -47.3% |
| Market cap | $3.5B | $16.2B |
| P/E (trailing) | 68.7 | 22.3 |
| Dividend yield | 0.00% | 0.28% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FOUR | TRU |
|---|---|---|
| 2022 | -3.5% | -51.9% |
| 2023 | +32.9% | +21.8% |
| 2024 | +39.6% | +35.6% |
| 2025 | -39.3% | -7.0% |
| 2026 | -30.2% | -0.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FOUR and TRU good diversifiers for each other?
Only partially. A correlation of 0.50 means FOUR and TRU 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 FOUR and TRU?
As of 2026-08-27, the correlation of weekly returns between FOUR and TRU is 0.50 over 3 years, 0.34 over 1 year and 0.46 over 5 years.
Is TRU a good diversifier for FOUR?
Only partially. A correlation of 0.50 means FOUR and TRU share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.50 mean?
A reading of 0.50 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/four-vs-tru.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/four-vs-tru/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FOUR correlations · TRU correlations
