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TRSG vs VVR: Correlation

Tungray Technologies Inc - Class A (TRSG) and Invesco Senior Income Trust (VVR) show a moderate relationship: their 3-year correlation of weekly returns is 0.34.

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

Correlation (3Y)
0.34
moderate
Correlation (1Y)
-0.14
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
502.5
%² · weekly, annualized

How correlated are TRSG and VVR?

On 3 years of weekly data the TRSG/VVR correlation comes out at 0.34, moderate. The link has loosened recently: the 1-year correlation (-0.14) runs below the 3-year figure (0.34). The 5-year figure is n/a, and annualized covariance runs at 502.5 %².

Within TRSG's tracked universe of 24 assets, VVR comes in at #6 by 3-year correlation. Their 12-month results are close: -7.8% for TRSG against -8.3% for VVR. One caveat on sizing: TRSG is 6.2 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.

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.

TRSG vs VVR: side by side

TRSG (Tungray Technologies Inc - Class A)VVR (Invesco Senior Income Trust)
1-year return-7.8%-8.3%
5-year returnn/a+22.0%
Volatility (ann.)92.3%15.0%
Beta vs S&P 5000.670.32
Max drawdown (3Y)-86.3%-19.5%
Market cap$0.4B
P/E (trailing)32.3
Dividend yield0.00%15.51%
Sector / categoryUS ListedUS Listed
Higher yield: VVR 15.51% vs 0.00%Smaller drawdown: VVR -19.5% vs -86.3%
-36%0%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). TRSG · VVR

Year-by-year returns

YearTRSGVVR
2022-1.1%
2023+20.9%
2024+9.0%
2025-49.2%-6.2%
2026+36.7%-3.0%

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

Are TRSG and VVR good diversifiers for each other?

Yes, to a useful degree: a correlation of 0.34 leaves real independence between the two, which historically damped combined volatility.

FAQ

What is the correlation between TRSG and VVR?

As of 2026-08-27, the correlation of weekly returns between TRSG and VVR is 0.34 over 3 years, -0.14 over 1 year and n/a over 5 years.

Is VVR a good diversifier for TRSG?

Yes, to a useful degree: a correlation of 0.34 leaves real independence between the two, which historically damped combined volatility.

What does a correlation of 0.34 mean?

On the −1 to +1 scale, 0.34 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

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

TRSG vs VVR: 3-year weekly correlation 0.34TRSG vs VVR0.34

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Related comparisons

Hubs: TRSG correlations · VVR correlations