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KLIC vs TRI: Correlation

Measured on weekly returns over the past three years, Kulicke and Soffa Industries, Inc. (KLIC) and Thomson Reuters Corp (TRI) carry a correlation of -0.23, a negative link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.23
negative
Correlation (1Y)
-0.45
last 12 months
Correlation (5Y)
-0.06
long-run
Ann. covariance
-328.6
%² · weekly, annualized

How correlated are KLIC and TRI?

On 3 years of weekly data the KLIC/TRI correlation comes out at -0.23, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.45) than the 3-year average (-0.23). The 5-year figure is -0.06, and annualized covariance runs at -328.6 %².

By 3-year correlation, TRI places #15 of the 20 assets tracked against KLIC. Correlation aside, the last 12 months split them widely, with KLIC ahead by 165.9 points (+128.3% versus -37.6%).

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.

KLIC vs TRI: side by side

KLIC (Kulicke and Soffa Industries, Inc.)TRI (Thomson Reuters Corp)
1-year return+128.3%-37.6%
5-year return+30.7%-0.4%
Volatility (ann.)43.9%32.0%
Beta vs S&P 5001.490.53
Max drawdown (3Y)-49.3%-62.9%
Market cap$4.4B$45.4B
P/E (trailing)38.827.6
Dividend yield0.97%2.48%
Sector / categoryUS ListedUS Listed
Lower P/E: TRI 27.6 vs 38.8Higher yield: TRI 2.48% vs 0.97%Smaller drawdown: KLIC -49.3% vs -62.9%Higher 5y return: KLIC +30.7% vs -0.4%
-53%0%+232%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. KLIC · TRI

Year-by-year returns

YearKLICTRI
2022-25.8%-3.0%
2023+25.5%+30.0%
2024-13.2%+11.1%
2025-0.3%-16.6%
2026+86.8%-17.6%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are KLIC and TRI good diversifiers for each other?

Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.

FAQ

What is the correlation between KLIC and TRI?

The KLIC/TRI correlation stands at -0.23 on a 3-year window (1 year: -0.45, 5 years: -0.06), computed from weekly returns as of 2026-08-27.

Is TRI a good diversifier for KLIC?

Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.

What does a correlation of -0.23 mean?

A reading of -0.23 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/klic-vs-tri.json

KLIC vs TRI: 3-year weekly correlation -0.23KLIC vs TRI-0.23

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Hubs: KLIC correlations · TRI correlations