TRT vs TSCO: Correlation
Measured on weekly returns over the past three years, Trio-Tech International (TRT) and Tractor Supply (TSCO) carry a correlation of -0.26, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TRT and TSCO?
On 3 years of weekly data the TRT/TSCO correlation comes out at -0.26, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.40) runs below the 3-year figure (-0.26). The 5-year figure is -0.11, and annualized covariance runs at -791.8 %².
Among the 104 assets we track against TRT, TSCO ranks #87 by 3-year correlation. The last year tells two different stories: TRT led by 338.5 percentage points, +295.5% for TRT against -43.0% for TSCO. Risk is not evenly split, since TRT carries 3.8 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.
TRT vs TSCO: side by side
| TRT (Trio-Tech International) | TSCO (Tractor Supply) | |
|---|---|---|
| 1-year return | +295.5% | -43.0% |
| 5-year return | +365.8% | -1.7% |
| Volatility (ann.) | 107.4% | 28.5% |
| Beta vs S&P 500 | 0.18 | 0.67 |
| Max drawdown (3Y) | -54.6% | -52.7% |
| Market cap | – | $18.1B |
| P/E (trailing) | 209.6 | 18.3 |
| Dividend yield | 0.00% | 2.68% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | TRT | TSCO |
|---|---|---|
| 2022 | -66.5% | -4.0% |
| 2023 | +12.7% | -2.6% |
| 2024 | +14.6% | +25.4% |
| 2025 | +127.9% | -4.2% |
| 2026 | +58.3% | -29.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TRT and TSCO good diversifiers for each other?
By historical standards, yes. A correlation of -0.26 means the two rarely move for the same reasons.
FAQ
What is the correlation between TRT and TSCO?
As of 2026-08-27, the correlation of weekly returns between TRT and TSCO is -0.26 over 3 years, -0.40 over 1 year and -0.11 over 5 years.
Is TSCO a good diversifier for TRT?
By historical standards, yes. A correlation of -0.26 means the two rarely move for the same reasons.
What does a correlation of -0.26 mean?
On the −1 to +1 scale, -0.26 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
$ curl https://www.pairbook.io/api/v1/pairs/trt-vs-tsco.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/trt-vs-tsco/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: TRT correlations · TSCO correlations
