TPR vs TRMB: Correlation
Tapestry, Inc. (TPR) and Trimble Inc. (TRMB) show a moderate relationship: their 3-year correlation of weekly returns is 0.50.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TPR and TRMB?
Across a 3-year window, the weekly returns of TPR and TRMB correlate at 0.50, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.33 versus 0.50 over 3 years. Stretching to 5 years gives 0.52, with an annualized covariance of 584.2 %².
Among the 36 assets we track against TPR, TRMB ranks #8 by 3-year correlation. The last year tells two different stories: TPR led by 48.7 percentage points, +23.6% for TPR against -25.1% for TRMB. The rolling one-year correlation moved between 0.33 and 0.66 over the past three years, a moderate range.
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.
TPR vs TRMB: side by side
| TPR (Tapestry, Inc.) | TRMB (Trimble Inc.) | |
|---|---|---|
| 1-year return | +23.6% | -25.1% |
| 5-year return | +240.1% | -35.7% |
| Volatility (ann.) | 37.8% | 30.9% |
| Beta vs S&P 500 | 1.05 | 1.13 |
| Max drawdown (3Y) | -31.8% | -42.7% |
| Market cap | $24.6B | $14.3B |
| P/E (trailing) | 17.9 | – |
| Dividend yield | 1.23% | 0.00% |
| Sector / category | Consumer Discretionary | Information Technology |
Year-by-year returns
| Year | TPR | TRMB |
|---|---|---|
| 2022 | -3.3% | -42.0% |
| 2023 | +0.2% | +5.2% |
| 2024 | +82.8% | +32.8% |
| 2025 | +98.7% | +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 TPR and TRMB good diversifiers for each other?
Somewhat, no more. With 0.50 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between TPR and TRMB?
As of 2026-08-27, the correlation of weekly returns between TPR and TRMB is 0.50 over 3 years, 0.33 over 1 year and 0.52 over 5 years.
Is TRMB a good diversifier for TPR?
Somewhat, no more. With 0.50 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.50 mean?
On the −1 to +1 scale, 0.50 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/tpr-vs-trmb.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/tpr-vs-trmb/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: TPR correlations · TRMB correlations
