TRU vs WEX: Correlation
How closely do TransUnion (TRU) and WEX Inc. (WEX) trade together? Their weekly returns over three years give a correlation of 0.55, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TRU and WEX?
Over the past 3 years, TRU and WEX moved with a correlation of 0.55, which is moderate. Little has changed lately, as the 1-year reading of 0.52 lands near the 3-year figure. Over 5 years the correlation is 0.50, and the annualized covariance of weekly returns is 804.6 %².
Within TRU's tracked universe of 30 assets, WEX comes in at #10 by 3-year correlation. Correlation aside, the last 12 months split them widely, with WEX ahead by 19.0 points (-4.3% versus +14.7%).
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 WEX: side by side
| TRU (TransUnion) | WEX (WEX Inc.) | |
|---|---|---|
| 1-year return | -4.3% | +14.7% |
| 5-year return | -27.4% | +8.4% |
| Volatility (ann.) | 41.6% | 35.5% |
| Beta vs S&P 500 | 1.71 | 0.97 |
| Max drawdown (3Y) | -47.3% | -53.2% |
| Market cap | $16.2B | $6.8B |
| P/E (trailing) | 22.3 | 19.8 |
| Dividend yield | 0.28% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | TRU | WEX |
|---|---|---|
| 2022 | -51.9% | +16.6% |
| 2023 | +21.8% | +18.9% |
| 2024 | +35.6% | -9.9% |
| 2025 | -7.0% | -15.0% |
| 2026 | -0.8% | +33.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TRU and WEX good diversifiers for each other?
Only partially. A correlation of 0.55 means TRU and WEX 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 WEX?
Using weekly returns as of 2026-08-27: 0.55 over 3 years, with 0.52 over the last year and 0.50 over 5 years.
Is WEX a good diversifier for TRU?
Only partially. A correlation of 0.55 means TRU and WEX share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.55 mean?
On the −1 to +1 scale, 0.55 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/tru-vs-wex.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/tru-vs-wex/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: TRU correlations · WEX correlations
