TRIN vs VSAT: Correlation
How closely do Trinity Capital Inc. (TRIN) and ViaSat, Inc. (VSAT) trade together? Their weekly returns over three years give a correlation of 0.40, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TRIN and VSAT?
Across a 3-year window, the weekly returns of TRIN and VSAT correlate at 0.40, moderate. Recent behaviour matches the longer record: 0.45 over 1 year against 0.40 over 3. Stretching to 5 years gives 0.30, with an annualized covariance of 606.1 %².
Within TRIN's tracked universe of 15 assets, VSAT comes in at #8 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months VSAT outperformed by 88.2 percentage points (+35.6% for TRIN against +123.8% for VSAT). Risk is not evenly split, since VSAT carries 4.4 times the volatility of the other side.
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.
TRIN vs VSAT: side by side
| TRIN (Trinity Capital Inc.) | VSAT (ViaSat, Inc.) | |
|---|---|---|
| 1-year return | +35.6% | +123.8% |
| 5-year return | +139.8% | +40.0% |
| Volatility (ann.) | 18.5% | 82.3% |
| Beta vs S&P 500 | 0.56 | 1.26 |
| Max drawdown (3Y) | -15.6% | -76.4% |
| Market cap | $1.7B | $10.0B |
| P/E (trailing) | 10.7 | – |
| Dividend yield | 10.89% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | TRIN | VSAT |
|---|---|---|
| 2022 | -26.6% | -28.9% |
| 2023 | +54.0% | -11.7% |
| 2024 | +14.8% | -69.6% |
| 2025 | +16.0% | +304.9% |
| 2026 | +38.7% | +111.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TRIN and VSAT good diversifiers for each other?
A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between TRIN and VSAT?
Using weekly returns as of 2026-08-27: 0.40 over 3 years, with 0.45 over the last year and 0.30 over 5 years.
Is VSAT a good diversifier for TRIN?
A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.40 mean?
A reading of 0.40 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/trin-vs-vsat.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/trin-vs-vsat/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: TRIN correlations · VSAT correlations
