SKYH vs TRU: Correlation
Measured on weekly returns over the past three years, Sky Harbour Group Corporation (SKYH) and TransUnion (TRU) carry a correlation of 0.37, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SKYH and TRU?
Over the past 3 years, SKYH and TRU moved with a correlation of 0.37, which is moderate. Recent behaviour matches the longer record: 0.37 over 1 year against 0.37 over 3. Over 5 years the correlation is 0.24, and the annualized covariance of weekly returns is 875.4 %².
Few assets follow SKYH as closely as TRU, which ranks #3 of 12 tracked partners. Neither side won the trailing year by much: -1.4% against -4.3%.
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.
SKYH vs TRU: side by side
| SKYH (Sky Harbour Group Corporation) | TRU (TransUnion) | |
|---|---|---|
| 1-year return | -1.4% | -4.3% |
| 5-year return | +4.5% | -27.4% |
| Volatility (ann.) | 57.5% | 41.6% |
| Beta vs S&P 500 | 1.13 | 1.71 |
| Max drawdown (3Y) | -39.9% | -47.3% |
| Market cap | $0.9B | $16.2B |
| P/E (trailing) | – | 22.3 |
| Dividend yield | 0.00% | 0.28% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SKYH | TRU |
|---|---|---|
| 2022 | -73.8% | -51.9% |
| 2023 | +263.2% | +21.8% |
| 2024 | +23.5% | +35.6% |
| 2025 | -24.8% | -7.0% |
| 2026 | +17.3% | -0.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SKYH and TRU good diversifiers for each other?
A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between SKYH and TRU?
Using weekly returns as of 2026-08-27: 0.37 over 3 years, with 0.37 over the last year and 0.24 over 5 years.
Is TRU a good diversifier for SKYH?
A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.37 mean?
A reading of 0.37 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/skyh-vs-tru.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/skyh-vs-tru/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: SKYH correlations · TRU correlations
