SYF vs TRMB: Correlation
Synchrony Financial (SYF) and Trimble Inc. (TRMB) show a moderate relationship: their 3-year correlation of weekly returns is 0.58.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SYF and TRMB?
Over the past 3 years, SYF and TRMB moved with a correlation of 0.58, which is moderate. Recent behaviour matches the longer record: 0.48 over 1 year against 0.58 over 3. Over 5 years the correlation is 0.54, and the annualized covariance of weekly returns is 560.1 %².
By 3-year correlation, TRMB places #26 of the 43 assets tracked against SYF. Their recent paths diverged sharply: over the last 12 months SYF outperformed by 32.4 percentage points (+7.3% for SYF against -25.1% for TRMB). Do not treat this figure as fixed: across three years the rolling one-year correlation ranged all the way from 0.31 to 0.85.
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.
SYF vs TRMB: side by side
| SYF (Synchrony Financial) | TRMB (Trimble Inc.) | |
|---|---|---|
| 1-year return | +7.3% | -25.1% |
| 5-year return | +81.0% | -35.7% |
| Volatility (ann.) | 31.6% | 30.9% |
| Beta vs S&P 500 | 1.28 | 1.13 |
| Max drawdown (3Y) | -37.7% | -42.7% |
| Market cap | $26.0B | $14.3B |
| P/E (trailing) | 8.2 | – |
| Dividend yield | 1.50% | 0.00% |
| Sector / category | Financials | Information Technology |
Year-by-year returns
| Year | SYF | TRMB |
|---|---|---|
| 2022 | -27.4% | -42.0% |
| 2023 | +19.8% | +5.2% |
| 2024 | +74.0% | +32.8% |
| 2025 | +30.6% | +10.9% |
| 2026 | -3.0% | -21.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SYF and TRMB good diversifiers for each other?
Somewhat, no more. With 0.58 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between SYF and TRMB?
The SYF/TRMB correlation stands at 0.58 on a 3-year window (1 year: 0.48, 5 years: 0.54), computed from weekly returns as of 2026-08-27.
Is TRMB a good diversifier for SYF?
Somewhat, no more. With 0.58 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.58 mean?
A reading of 0.58 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/syf-vs-trmb.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/syf-vs-trmb/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: SYF correlations · TRMB correlations
