TRU vs TYL: Correlation
How closely do TransUnion (TRU) and Tyler Technologies (TYL) trade together? Their weekly returns over three years give a correlation of 0.50, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TRU and TYL?
On 3 years of weekly data the TRU/TYL correlation comes out at 0.50, moderate. The link has tightened recently: the 1-year correlation (0.66) runs above the 3-year figure (0.50). The 5-year figure is 0.53, and annualized covariance runs at 620.7 %².
By 3-year correlation, TYL places #17 of the 30 assets tracked against TRU. Their recent paths diverged sharply: over the last 12 months TRU outperformed by 29.7 percentage points (-4.3% for TRU against -34.0% for TYL).
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.
TRU vs TYL: side by side
| TRU (TransUnion) | TYL (Tyler Technologies) | |
|---|---|---|
| 1-year return | -4.3% | -34.0% |
| 5-year return | -27.4% | -22.5% |
| Volatility (ann.) | 41.6% | 29.6% |
| Beta vs S&P 500 | 1.71 | 0.61 |
| Max drawdown (3Y) | -47.3% | -57.4% |
| Market cap | $16.2B | $15.1B |
| P/E (trailing) | 22.3 | 46.3 |
| Dividend yield | 0.28% | 0.00% |
| Sector / category | US Listed | Information Technology |
Year-by-year returns
| Year | TRU | TYL |
|---|---|---|
| 2022 | -51.9% | -40.1% |
| 2023 | +21.8% | +29.7% |
| 2024 | +35.6% | +37.9% |
| 2025 | -7.0% | -21.3% |
| 2026 | -0.8% | -18.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TRU and TYL 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 TRU and TYL?
As of 2026-08-27, the correlation of weekly returns between TRU and TYL is 0.50 over 3 years, 0.66 over 1 year and 0.53 over 5 years.
Is TYL a good diversifier for TRU?
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?
A reading of 0.50 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/tru-vs-tyl.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/tru-vs-tyl/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: TRU correlations · TYL correlations
