JLL vs TRUP: Correlation
How closely do Jones Lang LaSalle Incorporated (JLL) and Trupanion, Inc. (TRUP) trade together? Their weekly returns over three years give a correlation of 0.54, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JLL and TRUP?
On 3 years of weekly data the JLL/TRUP correlation comes out at 0.54, moderate. Recent behaviour matches the longer record: 0.58 over 1 year against 0.54 over 3. The 5-year figure is 0.53, and annualized covariance runs at 1139.6 %².
Within JLL's tracked universe of 26 assets, TRUP comes in at #10 by 3-year correlation. The last year tells two different stories: JLL led by 59.8 percentage points, +23.8% for JLL against -36.0% for TRUP. One caveat on sizing: TRUP is 1.7 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
JLL vs TRUP: side by side
| JLL (Jones Lang LaSalle Incorporated) | TRUP (Trupanion, Inc.) | |
|---|---|---|
| 1-year return | +23.8% | -36.0% |
| 5-year return | +55.9% | -68.9% |
| Volatility (ann.) | 34.9% | 60.9% |
| Beta vs S&P 500 | 1.30 | 1.57 |
| Max drawdown (3Y) | -30.6% | -62.0% |
| Market cap | $17.4B | $1.3B |
| P/E (trailing) | 18.5 | 57.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | JLL | TRUP |
|---|---|---|
| 2022 | -40.8% | -64.0% |
| 2023 | +18.5% | -35.8% |
| 2024 | +34.0% | +58.0% |
| 2025 | +32.9% | -22.5% |
| 2026 | +12.6% | -20.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JLL and TRUP good diversifiers for each other?
To a limited degree. At 0.54 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 JLL and TRUP?
As of 2026-08-27, the correlation of weekly returns between JLL and TRUP is 0.54 over 3 years, 0.58 over 1 year and 0.53 over 5 years.
Is TRUP a good diversifier for JLL?
To a limited degree. At 0.54 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 0.54 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
$ curl https://www.pairbook.io/api/v1/pairs/jll-vs-trup.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/jll-vs-trup/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: JLL correlations · TRUP correlations
