TRI vs TYL: Correlation
Measured on weekly returns over the past three years, Thomson Reuters Corp (TRI) and Tyler Technologies (TYL) carry a correlation of 0.57, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TRI and TYL?
Over the past 3 years, TRI and TYL moved with a correlation of 0.57, which is moderate. Lately the two have moved closer together, with the 1-year correlation at 0.73 versus 0.57 over 3 years. Over 5 years the correlation is 0.55, and the annualized covariance of weekly returns is 540.2 %².
By 3-year correlation, TYL places #9 of the 30 assets tracked against TRI. Their 12-month results are close: -37.6% for TRI against -34.0% for TYL.
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.
TRI vs TYL: side by side
| TRI (Thomson Reuters Corp) | TYL (Tyler Technologies) | |
|---|---|---|
| 1-year return | -37.6% | -34.0% |
| 5-year return | -0.4% | -22.5% |
| Volatility (ann.) | 32.0% | 29.6% |
| Beta vs S&P 500 | 0.53 | 0.61 |
| Max drawdown (3Y) | -62.9% | -57.4% |
| Market cap | $45.4B | $15.1B |
| P/E (trailing) | 27.6 | 46.3 |
| Dividend yield | 2.48% | 0.00% |
| Sector / category | US Listed | Information Technology |
Year-by-year returns
| Year | TRI | TYL |
|---|---|---|
| 2022 | -3.0% | -40.1% |
| 2023 | +30.0% | +29.7% |
| 2024 | +11.1% | +37.9% |
| 2025 | -16.6% | -21.3% |
| 2026 | -17.6% | -18.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TRI and TYL good diversifiers for each other?
Only partially. A correlation of 0.57 means TRI and TYL share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between TRI and TYL?
As of 2026-08-27, the correlation of weekly returns between TRI and TYL is 0.57 over 3 years, 0.73 over 1 year and 0.55 over 5 years.
Is TYL a good diversifier for TRI?
Only partially. A correlation of 0.57 means TRI and TYL share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.57 mean?
A reading of 0.57 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/tri-vs-tyl.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/tri-vs-tyl/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: TRI correlations · TYL correlations
