ISBA vs TRON: Correlation
Isabella Bank Corporation (ISBA) and Tron Inc. (TRON) show a moderate relationship: their 3-year correlation of weekly returns is 0.30.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ISBA and TRON?
Over the past 3 years, ISBA and TRON moved with a correlation of 0.30, which is moderate. The link has loosened recently: the 1-year correlation (-0.09) runs below the 3-year figure (0.30). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 4020.1 %².
Few assets follow ISBA as closely as TRON, which ranks #1 of 16 tracked partners. The last year tells two different stories: ISBA led by 73.2 percentage points, +16.4% for ISBA against -56.8% for TRON. Risk is not evenly split, since TRON carries 12.3 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.
ISBA vs TRON: side by side
| ISBA (Isabella Bank Corporation) | TRON (Tron Inc.) | |
|---|---|---|
| 1-year return | +16.4% | -56.8% |
| 5-year return | +104.9% | n/a |
| Volatility (ann.) | 33.3% | 408.5% |
| Beta vs S&P 500 | 0.05 | 0.10 |
| Max drawdown (3Y) | -34.1% | -91.5% |
| Market cap | $0.3B | $1.0B |
| P/E (trailing) | 14.2 | – |
| Dividend yield | 2.91% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ISBA | TRON |
|---|---|---|
| 2022 | -3.5% | – |
| 2023 | -3.5% | – |
| 2024 | +27.7% | -59.4% |
| 2025 | +99.1% | +97.1% |
| 2026 | -21.9% | +72.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ISBA and TRON good diversifiers for each other?
A fair diversifier. At 0.30, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ISBA and TRON?
As of 2026-08-27, the correlation of weekly returns between ISBA and TRON is 0.30 over 3 years, -0.09 over 1 year and n/a over 5 years.
Is TRON a good diversifier for ISBA?
A fair diversifier. At 0.30, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.30 mean?
On the −1 to +1 scale, 0.30 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/isba-vs-tron.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/isba-vs-tron/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ISBA correlations · TRON correlations
