OSPN vs TRU: Correlation
How closely do OneSpan Inc. (OSPN) and TransUnion (TRU) trade together? Their weekly returns over three years give a correlation of 0.52, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are OSPN and TRU?
Across a 3-year window, the weekly returns of OSPN and TRU correlate at 0.52, moderate. The past 12 months show a weaker link (0.40) than the 3-year average (0.52). Stretching to 5 years gives 0.47, with an annualized covariance of 941.3 %².
In OSPN's tracked universe of 19 assets, TRU sits right near the top at #3. Their recent paths diverged sharply: over the last 12 months OSPN outperformed by 19.9 percentage points (+15.6% for OSPN against -4.3% for TRU).
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.
OSPN vs TRU: side by side
| OSPN (OneSpan Inc.) | TRU (TransUnion) | |
|---|---|---|
| 1-year return | +15.6% | -4.3% |
| 5-year return | -8.3% | -27.4% |
| Volatility (ann.) | 43.6% | 41.6% |
| Beta vs S&P 500 | 1.28 | 1.71 |
| Max drawdown (3Y) | -47.9% | -47.3% |
| Market cap | $0.6B | $16.2B |
| P/E (trailing) | 9.3 | 22.3 |
| Dividend yield | 3.32% | 0.28% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | OSPN | TRU |
|---|---|---|
| 2022 | -33.9% | -51.9% |
| 2023 | -4.2% | +21.8% |
| 2024 | +72.9% | +35.6% |
| 2025 | -28.5% | -7.0% |
| 2026 | +32.2% | -0.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OSPN and TRU good diversifiers for each other?
To a limited degree. At 0.52 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 OSPN and TRU?
Using weekly returns as of 2026-08-27: 0.52 over 3 years, with 0.40 over the last year and 0.47 over 5 years.
Is TRU a good diversifier for OSPN?
To a limited degree. At 0.52 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 0.52 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/ospn-vs-tru.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ospn-vs-tru/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: OSPN correlations · TRU correlations
