RF vs TRT: Correlation
Measured on weekly returns over the past three years, Regions Financial Corporation (RF) and Trio-Tech International (TRT) carry a correlation of -0.14, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RF and TRT?
Over the past 3 years, RF and TRT moved with a correlation of -0.14, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.28 versus -0.14 over 3 years. Over 5 years the correlation is -0.04, and the annualized covariance of weekly returns is -444.1 %².
Among the 44 assets we track against RF, TRT ranks #36 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months TRT outperformed by 280.1 percentage points (+15.4% for RF against +295.5% for TRT). Risk is not evenly split, since TRT carries 3.7 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.
RF vs TRT: side by side
| RF (Regions Financial Corporation) | TRT (Trio-Tech International) | |
|---|---|---|
| 1-year return | +15.4% | +295.5% |
| 5-year return | +83.5% | +365.8% |
| Volatility (ann.) | 29.2% | 107.4% |
| Beta vs S&P 500 | 1.09 | 0.18 |
| Max drawdown (3Y) | -31.9% | -54.6% |
| Market cap | $25.9B | – |
| P/E (trailing) | 12.4 | 209.6 |
| Dividend yield | 3.45% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | RF | TRT |
|---|---|---|
| 2022 | +2.3% | -66.5% |
| 2023 | -5.7% | +12.7% |
| 2024 | +27.0% | +14.6% |
| 2025 | +20.2% | +127.9% |
| 2026 | +14.3% | +58.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RF and TRT good diversifiers for each other?
By historical standards, yes. A correlation of -0.14 means the two rarely move for the same reasons.
FAQ
What is the correlation between RF and TRT?
Using weekly returns as of 2026-08-27: -0.14 over 3 years, with -0.28 over the last year and -0.04 over 5 years.
Is TRT a good diversifier for RF?
By historical standards, yes. A correlation of -0.14 means the two rarely move for the same reasons.
What does a correlation of -0.14 mean?
A reading of -0.14 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
$ curl https://www.pairbook.io/api/v1/pairs/rf-vs-trt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/rf-vs-trt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: RF correlations · TRT correlations
