TRI vs VERX: Correlation
Thomson Reuters Corp (TRI) and Vertex, Inc. (VERX) 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 TRI and VERX?
On 3 years of weekly data the TRI/VERX correlation comes out at 0.50, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.74 versus 0.50 over 3 years. The 5-year figure is 0.42, and annualized covariance runs at 851.0 %².
Within TRI's tracked universe of 30 assets, VERX comes in at #15 by 3-year correlation. On 12-month performance TRI holds a 5.8-point edge, -37.6% against -43.4%. Note the risk asymmetry: VERX runs 1.7 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 VERX: side by side
| TRI (Thomson Reuters Corp) | VERX (Vertex, Inc.) | |
|---|---|---|
| 1-year return | -37.6% | -43.4% |
| 5-year return | -0.4% | -33.8% |
| Volatility (ann.) | 32.0% | 53.5% |
| Beta vs S&P 500 | 0.53 | 0.99 |
| Max drawdown (3Y) | -62.9% | -82.1% |
| Market cap | $45.4B | $2.3B |
| P/E (trailing) | 27.6 | 715.0 |
| Dividend yield | 2.48% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | TRI | VERX |
|---|---|---|
| 2022 | -3.0% | -8.6% |
| 2023 | +30.0% | +85.7% |
| 2024 | +11.1% | +98.0% |
| 2025 | -16.6% | -62.6% |
| 2026 | -17.6% | -28.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TRI and VERX good diversifiers for each other?
To a limited degree. At 0.50 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between TRI and VERX?
As of 2026-08-27, the correlation of weekly returns between TRI and VERX is 0.50 over 3 years, 0.74 over 1 year and 0.42 over 5 years.
Is VERX a good diversifier for TRI?
To a limited degree. At 0.50 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.50 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/tri-vs-verx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/tri-vs-verx/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: TRI correlations · VERX correlations
