TRU vs USA: Correlation
Measured on weekly returns over the past three years, TransUnion (TRU) and Liberty All-Star Equity Fund (USA) carry a correlation of 0.63, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TRU and USA?
Across a 3-year window, the weekly returns of TRU and USA correlate at 0.63, strong. Lately the two have drifted apart, with the 1-year correlation at 0.40 versus 0.63 over 3 years. Stretching to 5 years gives 0.61, with an annualized covariance of 400.8 %².
Few assets follow TRU as closely as USA, which ranks #3 of 30 tracked partners. The trailing year gives USA the advantage: -4.3% versus +1.6%, a 5.9-point spread. One caveat on sizing: TRU is 2.7 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.
TRU vs USA: side by side
| TRU (TransUnion) | USA (Liberty All-Star Equity Fund) | |
|---|---|---|
| 1-year return | -4.3% | +1.6% |
| 5-year return | -27.4% | +18.1% |
| Volatility (ann.) | 41.6% | 15.2% |
| Beta vs S&P 500 | 1.71 | 0.89 |
| Max drawdown (3Y) | -47.3% | -17.7% |
| Market cap | $16.2B | – |
| P/E (trailing) | 22.3 | 10.7 |
| Dividend yield | 0.28% | 11.19% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | TRU | USA |
|---|---|---|
| 2022 | -51.9% | -25.2% |
| 2023 | +21.8% | +23.2% |
| 2024 | +35.6% | +20.8% |
| 2025 | -7.0% | +0.1% |
| 2026 | -0.8% | +3.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TRU and USA good diversifiers for each other?
Only partially. A correlation of 0.63 means TRU and USA share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between TRU and USA?
As of 2026-08-27, the correlation of weekly returns between TRU and USA is 0.63 over 3 years, 0.40 over 1 year and 0.61 over 5 years.
Is USA a good diversifier for TRU?
Only partially. A correlation of 0.63 means TRU and USA share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.63 mean?
A reading of 0.63 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: TRU correlations · USA correlations
