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TRU vs VLTO: Correlation

Measured on weekly returns over the past three years, TransUnion (TRU) and Veralto (VLTO) carry a correlation of 0.58, a moderate link.

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

Correlation (3Y)
0.58
moderate
Correlation (1Y)
0.60
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
513.0
%² · weekly, annualized

How correlated are TRU and VLTO?

Over the past 3 years, TRU and VLTO moved with a correlation of 0.58, which is moderate. Recent behaviour matches the longer record: 0.60 over 1 year against 0.58 over 3. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 513.0 %².

Among the 30 assets we track against TRU, VLTO ranks #9 by 3-year correlation. Their 12-month results are close: -4.3% for TRU against -7.9% for VLTO. Note the risk asymmetry: TRU runs 2.0 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.

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 VLTO: side by side

TRU (TransUnion)VLTO (Veralto)
1-year return-4.3%-7.9%
5-year return-27.4%n/a
Volatility (ann.)41.6%21.2%
Beta vs S&P 5001.710.66
Max drawdown (3Y)-47.3%-27.1%
Market cap$16.2B$24.0B
P/E (trailing)22.324.9
Dividend yield0.28%0.51%
Sector / categoryUS ListedIndustrials
Lower P/E: TRU 22.3 vs 24.9Higher yield: VLTO 0.51% vs 0.28%Smaller drawdown: VLTO -27.1% vs -47.3%
-28%0%+3%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. TRU · VLTO

Year-by-year returns

YearTRUVLTO
2022-51.9%
2023+21.8%
2024+35.6%+24.3%
2025-7.0%-1.6%
2026-0.8%-1.1%

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

Are TRU and VLTO good diversifiers for each other?

Somewhat, no more. With 0.58 correlation, most large moves hit both names, and the diversification benefit stays modest.

FAQ

What is the correlation between TRU and VLTO?

The TRU/VLTO correlation stands at 0.58 on a 3-year window (1 year: 0.60, 5 years: n/a), computed from weekly returns as of 2026-08-27.

Is VLTO a good diversifier for TRU?

Somewhat, no more. With 0.58 correlation, most large moves hit both names, and the diversification benefit stays modest.

What does a correlation of 0.58 mean?

On the −1 to +1 scale, 0.58 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/tru-vs-vlto.json

TRU vs VLTO: 3-year weekly correlation 0.58TRU vs VLTO0.58

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Related comparisons

Hubs: TRU correlations · VLTO correlations