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TRI vs YELP: Correlation

How closely do Thomson Reuters Corp (TRI) and Yelp Inc. (YELP) trade together? Their weekly returns over three years give a correlation of 0.48, which is moderate.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.48
moderate
Correlation (1Y)
0.62
last 12 months
Correlation (5Y)
0.43
long-run
Ann. covariance
499.5
%² · weekly, annualized

How correlated are TRI and YELP?

Across a 3-year window, the weekly returns of TRI and YELP correlate at 0.48, moderate. The past 12 months show a tighter link (0.62) than the 3-year average (0.48). Stretching to 5 years gives 0.43, with an annualized covariance of 499.5 %².

By 3-year correlation, YELP places #17 of the 30 assets tracked against TRI. Over the last 12 months YELP came out ahead by 9.0 percentage points (-37.6% against -28.6%).

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 YELP: side by side

TRI (Thomson Reuters Corp)YELP (Yelp Inc.)
1-year return-37.6%-28.6%
5-year return-0.4%-41.2%
Volatility (ann.)32.0%32.4%
Beta vs S&P 5000.530.57
Max drawdown (3Y)-62.9%-59.2%
Market cap$45.4B$1.2B
P/E (trailing)27.610.9
Dividend yield2.48%0.00%
Sector / categoryUS ListedUS Listed
Lower P/E: YELP 10.9 vs 27.6Higher yield: TRI 2.48% vs 0.00%Smaller drawdown: YELP -59.2% vs -62.9%Higher 5y return: TRI -0.4% vs -41.2%
-53%0%+3%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). TRI · YELP

Year-by-year returns

YearTRIYELP
2022-3.0%-24.6%
2023+30.0%+73.2%
2024+11.1%-18.3%
2025-16.6%-21.5%
2026-17.6%-25.9%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are TRI and YELP good diversifiers for each other?

Reasonably. At 0.48, TRI and YELP keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between TRI and YELP?

Using weekly returns as of 2026-08-27: 0.48 over 3 years, with 0.62 over the last year and 0.43 over 5 years.

Is YELP a good diversifier for TRI?

Reasonably. At 0.48, TRI and YELP keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.48 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/tri-vs-yelp.json

TRI vs YELP: 3-year weekly correlation 0.48TRI vs YELP0.48

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[![TRI vs YELP correlation](https://www.pairbook.io/api/v1/badge/tri-vs-yelp.svg)](https://www.pairbook.io/pair/tri-vs-yelp/)

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Related comparisons

Hubs: TRI correlations · YELP correlations