LULU vs TRT: Correlation
Lululemon Athletica (LULU) and Trio-Tech International (TRT) show a negative relationship: their 3-year correlation of weekly returns is -0.21.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LULU and TRT?
Across a 3-year window, the weekly returns of LULU and TRT correlate at -0.21, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.33) than the 3-year average (-0.21). Stretching to 5 years gives -0.08, with an annualized covariance of -954.9 %².
By 3-year correlation, TRT places #26 of the 34 assets tracked against LULU. Their recent paths diverged sharply: over the last 12 months TRT outperformed by 339.6 percentage points (-44.1% for LULU against +295.5% for TRT). Risk is not evenly split, since TRT carries 2.6 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.
LULU vs TRT: side by side
| LULU (Lululemon Athletica) | TRT (Trio-Tech International) | |
|---|---|---|
| 1-year return | -44.1% | +295.5% |
| 5-year return | -72.3% | +365.8% |
| Volatility (ann.) | 41.8% | 107.4% |
| Beta vs S&P 500 | 0.98 | 0.18 |
| Max drawdown (3Y) | -79.4% | -54.6% |
| Market cap | $13.1B | – |
| P/E (trailing) | 9.4 | 209.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | LULU | TRT |
|---|---|---|
| 2022 | -18.2% | -66.5% |
| 2023 | +59.6% | +12.7% |
| 2024 | -25.2% | +14.6% |
| 2025 | -45.7% | +127.9% |
| 2026 | -44.7% | +58.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LULU and TRT good diversifiers for each other?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between LULU and TRT?
As of 2026-08-27, the correlation of weekly returns between LULU and TRT is -0.21 over 3 years, -0.33 over 1 year and -0.08 over 5 years.
Is TRT a good diversifier for LULU?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.21 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/lulu-vs-trt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/lulu-vs-trt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LULU correlations · TRT correlations
