# How Thomson Reuters (TRI) compares with the whole market and its popular alternatives

> Source: EasyCompare research, https://easycompare.io/research/tri
> Data as of October 20, 2026. Total returns include reinvested dividends. Past performance does not predict future results; nothing here is investment advice.

Built by QuantCommons' quantitative engine, this page is about relative opportunity, not data on TRI alone. It places TRI (Thomson Reuters Corporation) against 19 popular alternatives, its neighboring categories and the entire market of over 10,000 U.S.-listed stocks and ETFs, and surfaces what has done better on consistent outperformance, return for the risk taken, behavior in real market crashes and diversification. The result is a clearer view of where TRI stands in the market, and of the alternatives worth a closer look.

Period covered: TRI's full trading record, from June 2002 through September 2026. The crash tests reach back to 2000 using older funds and the S&P 500. All returns include reinvested dividends. Data as of October 20, 2026.

## Key findings

- **Right now:** TRI is 45.8% below its high, bear-market territory, while the S&P 500 sits 1.3% below a record. That said, it has run far ahead of the market, rising 19.0% over the past 3 months against 3.9% for the S&P 500 and 3.2% for the Nasdaq 100.
- **Stock or market?:** TRI held up far better than its industry: it rose 19.0% over the past 3 months while the business services ETF XLI (State Street Industrial Select Sector SPDR ETF) fell 6.1%. The S&P 500 rose 3.9%. Last month cut against the tape: TRI rose 18.2% while the S&P 500 fell 0.6%.
- **Past 1 to 3 years:** Over the past year, TRI fell 28.1% while the S&P 500 rose 15.8%. The same gap shows up over 3 years (2.5% against 89.3%). The long record (ahead of 67% of the stocks worth at least $300 million over 10 years) has not carried into the past 3 years (behind 78% of them).
- **Long term:** TRI turned $10,000 into $34,400 over the past decade, against $42,100 in the S&P 500.
- **In a crash:** In the 2022 bear market, TRI held up better than SPGI (S&P Global), MCO and RELX; only FCN (FTI Consulting) fell less.
- **Diversification:** Against the S&P 500, TRI has a correlation of 0.47 over 5 years, more closely than 66% of stocks worth at least $300 million. Next to an index fund it is some diversification, but not a hedge. TRI fell in 18 of the 22 months the S&P 500 fell over the past 5 years: it usually fell with it.
- **Better options**
  - **Popular alternatives:** SSNC (SS&C Technologies), RELX and MCO (Moody's) earned more than TRI with less volatility over the past 5 years. SSNC returned 4.7% a year at 25.2% volatility, against 0.7% a year at 29.3%.
  - **Nearby categories and themes:** ADP (Automatic Data Processing, business services) and RTX (aerospace & defense) earned more than TRI with less volatility over the past 5 years. ADP returned 9.0% a year at 22.9% volatility, against 0.7% a year at 29.3%.
  - **Whole market:** 1,114 of the 3,633 stocks and funds worth at least $500 million earned more than TRI with less volatility over the past 5 years, among them VTI (Vanguard Morningstar Total Stock Market ETF), VOO (Vanguard S&P 500 ETF) and BRK-B (Berkshire Hathaway).

## How much would $10,000 in TRI have grown?

This chart tracks a hypothetical $10,000 investment in TRI over the past 24 years, with dividends reinvested, alongside the same amount in the S&P 500, investments that ended ahead of TRI over the same span and TRI's popular alternatives, among those that traded for the entire period.

- $10,000 invested in TRI at the end of September 2002 would have grown to $70,274 by September 2026, less than the $144,215 it would have become in SPY, an S&P 500 fund.
- Six of the eight other investments on the chart ended ahead of TRI, and FICO finished highest, at $280,661.

## TRI at a glance

This section summarizes the key facts about the stock, its returns over periods from one to ten years and the risk it has carried, with dividends reinvested throughout.

- TRI is still 45.8% below its all-time high.
- TRI's deepest decline since it began trading in 2002 was 63.5%, from July 2025 to June 2026. It has not yet climbed back to that peak.
- Over 23 full calendar years, TRI's best was 2019, when it returned 51.4%, and its worst was 2008, when it lost 26.3%. It lost money in seven of those years.

- Type: Stock, Industrials (Specialty Business Services)
- Trading since: June 12, 2002
- Market value: $49B
- Volatility (5 years): 29.3%; Sharpe ratio: 0.17
- Worst decline ever: −63.5%, from July 14, 2025 to June 22, 2026; not yet back at its high

| Period | TRI total return |
| --- | --- |
| 1 month | +18.2% |
| 3 months | +19.0% |
| 6 months | +22.4% |
| year to date | −8.8% |
| 1 year | −28.1% |
| 3 years | −2.5% |
| 5 years | +3.6% |
| 10 years | +244% |

## TRI against the whole market

Where TRI ranks among every stock and fund, and what across the market has done better.

### How does TRI rank among all stocks?

This section ranks TRI on return, volatility, risk-adjusted return and worst decline against every stock worth at least $300 million with enough history.

- TRI is among the steadier stocks: its price swings rank in the top 23% of the 2,893 stocks worth at least $300 million, where the top is the calmest.
- TRI's 1-year return ranks in the bottom 14% of the 3,287 stocks worth at least $300 million with 1 year of history.

| Measure | TRI | Rank |
| --- | --- | --- |
| 1-year return | −28.1% | 2,814 of 3,287 (top 86%) |
| 3-year return | −2.5% | 2,364 of 3,017 (top 79%) |
| 5-year return | +3.6% | 1,683 of 2,893 (top 59%) |
| 10-year return | +244% | 724 of 2,202 (top 33%) |
| Volatility, 5 years | 29.3% | 656 of 2,893 (top 23%) |
| Sharpe ratio, 5 years | 0.17 | 1,931 of 2,893 (top 67%) |
| Worst decline, past 10 years | −63.5% | 1,025 of 2,187 (top 47%) |

### What has beaten TRI on both return and risk?

Each dot is an investment, placed by how much it earned a year over the past 5 years (higher is better) and how much its price swung, its volatility (further left is calmer).

- 344 stocks and 770 ETFs worth at least $500 million sit in the green region: each earned more than TRI over the past 5 years with smaller price swings. That is 31% of the 3,633 screened.
- Among those with at least half TRI's swings, CAH has the best return for its risk: 42.1% a year at 24.7% volatility, 15% less than TRI's 29.3%, and a Sharpe ratio (return above cash per unit of volatility) of 1.55 against 0.17 for TRI.
- Among TRI's popular alternatives, RELX, MCO and SSNC are in the region. RELX earned 7.0% a year against 0.7% a year for TRI, at 24.1% volatility, 18% less than TRI's 29.3%.

### Is there a better investment than TRI?

The table below lists investments that beat TRI over the past 5 years on at least one of these measures: a higher annual return with lower volatility, a higher annual return at similar volatility, a similar return with lower volatility, a higher Sharpe ratio with a smaller worst decline, a higher total return in most periods from 3 months to 10 years, or smaller losses in recent market crashes.

- Among TRI's popular alternatives, SSNC, RELX and MCO earned more than TRI with less volatility over the past 5 years. SSNC returned 4.7% a year at 25.2% volatility, against 0.7% a year at 29.3%.
- Looking beyond its popular alternatives, ADP (business services) and RTX (aerospace & defense) earned more than TRI with less volatility over the past 5 years. ADP returned 9.0% a year at 22.9% volatility, against 0.7% a year at 29.3%.
- Across the whole market, 1,114 of the 3,633 stocks and funds worth at least $500 million earned more than TRI with less volatility over the past 5 years, among them VTI, VOO and BRK-B.

The 15 strongest of 1,114 investments that beat TRI over the past 5 years, out of 3,633 stocks and funds worth at least $500 million.

| Investment | Group | Annual return (5 years) | Volatility | Sharpe | Worst decline (10 years) | 10Y return | Correlation with TRI | Better on |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| TRI: Thomson Reuters Corporation (this page) |  | +0.7% | 29.3% | 0.17 | −63.5% | +244% |  |  |
| [ABBV](https://easycompare.io/research/abbv): AbbVie Inc. | Pharmaceuticals | +26.1% | 23.4% | 1.11 | −45.1% | +603% | 0.01 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods |
| [V](https://easycompare.io/research/v): Visa Inc. | Payment Processing | +12.8% | 22.9% | 0.64 | −36.4% | +429% | 0.46 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods |
| [KO](https://easycompare.io/research/ko): The Coca-Cola Company | Food & Beverages | +14.7% | 16.8% | 0.91 | −37.0% | +204% | 0.23 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods |
| [CVX](https://easycompare.io/research/cvx): Chevron Corporation | Integrated Oil & Gas | +19.5% | 25.2% | 0.84 | −55.8% | +238% | 0.08 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods |
| [PM](https://easycompare.io/research/pm): Philip Morris International Inc. | Tobacco | +21.0% | 23.4% | 0.94 | −42.9% | +242% | 0.08 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods |
| [MCK](https://easycompare.io/research/mck): McKesson Corporation | Health Care Distribution | +38.7% | 25.0% | 1.44 | −38.1% | +586% | 0.07 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods |
| [MRK](https://easycompare.io/research/mrk): Merck & Co., Inc. | Pharmaceuticals | +16.3% | 24.8% | 0.74 | −43.4% | +241% | -0.09 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods |
| [AMGN](https://easycompare.io/research/amgn): Amgen Inc. | Biotechnology | +19.6% | 24.9% | 0.85 | −24.9% | +266% | 0.12 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods |
| [TRV](https://easycompare.io/research/trv): The Travelers Companies, Inc. | Property & Casualty Insurance | +22.4% | 22.3% | 1.02 | −46.3% | +347% | 0.18 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods |
| [CME](https://easycompare.io/research/cme): CME Group Inc. | Capital Markets | +11.2% | 20.8% | 0.62 | −37.4% | +319% | 0.37 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods |
| [TAK](https://easycompare.io/research/tak): Takeda Pharmaceutical Company Limited | Pharmaceuticals | +11.9% | 19.4% | 0.68 | −54.4% | +30.4% | -0.07 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods |
| [MET](https://easycompare.io/research/met): MetLife, Inc. | Life Insurance | +12.0% | 25.4% | 0.58 | −55.2% | +240% | 0.25 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods |
| RPRX: Royalty Pharma plc | Pharmaceuticals | +13.3% | 23.8% | 0.65 | −49.7% | — | 0.14 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods |
| [HMC](https://easycompare.io/research/hmc): Honda Motor Co., Ltd. | Automobiles | +6.1% | 27.5% | 0.35 | −42.0% | +63.3% | 0.26 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods |
| EXPD: Expeditors International of Washington, Inc. | Freight & Logistics | +12.0% | 27.1% | 0.56 | −35.6% | +349% | 0.32 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods |

## TRI against its popular alternatives

The investments people most often weigh against TRI, compared period by period and year by year.

### How do TRI's risk and return compare with its alternatives?

This map plots each investment's annual return over the past 5 years against its volatility, the size of its typical price swings.

- Five of the 19 popular alternatives, led by RELX, MCO and SSNC, were both more rewarding and calmer than TRI over the past 5 years, earning a higher annual return with lower volatility.
- Over the past 5 years, TRI returned 0.7% a year, less than the S&P 500's 12.7%, with higher volatility (29.3% against 17.1%).

### Has TRI consistently beaten its popular alternatives?

This section compares TRI with the investments people most often weigh against it, checking each one over eight periods from one month to ten years.

- Three of the 19 popular alternatives, EXLS, SAP and SSNC, outperformed TRI in at least 3 of 5 short-term and 2 of 3 long-term timeframes.
- EXLS outperformed TRI in every long-term period and in all but one short-term period, the most consistent record in the group.
- SAP, EXLS and RELX earned more for the risk they took than TRI (a higher Sharpe ratio) and fell less in their worst decline of the past 10 years.

| Investment | 1Y return | 3Y return | 5Y return | 10Y return | Periods ahead of TRI | Verdict | Sharpe |
| --- | --- | --- | --- | --- | --- | --- | --- |
| TRI: Thomson Reuters Corporation (this page) | −28.1% | −2.5% | +3.6% | +244% |  |  | 0.17 |
| EXLS: ExlService Holdings, Inc. | +0.4% | +52.7% | +65.2% | +327% | 4/5 short-term, 3/3 long-term | all-weather | 0.47 |
| [SAP](https://easycompare.io/research/sap): SAP SE | −16.6% | +81.3% | +72.6% | +205% | 4/5 short-term, 2/3 long-term | consistent | 0.52 |
| SSNC: SS&C Technologies Holdings, Inc. | +8.3% | +81.0% | +26.0% | +200% | 3/5 short-term, 2/3 long-term | consistent | 0.31 |
| [MCO](https://easycompare.io/research/mco): Moody's Corporation | +1.1% | +57.3% | +33.4% | +383% | 2/5 short-term, 3/3 long-term |  | 0.35 |
| [ORCL](https://easycompare.io/research/orcl): Oracle Corporation | −52.1% | +33.3% | +45.1% | +300% | 0/5 short-term, 3/3 long-term |  | 0.38 |
| [MSCI](https://easycompare.io/research/msci): MSCI Inc. | +11.8% | +25.5% | +0.5% | +702% | 2/5 short-term, 2/3 long-term |  | 0.16 |
| BR: Broadridge Financial Solutions, Inc. | −20.2% | +9.7% | +8.7% | +234% | 2/5 short-term, 2/3 long-term |  | 0.19 |
| [RELX](https://easycompare.io/research/relx): RELX Plc | −13.9% | +19.4% | +40.0% | +167% | 2/5 short-term, 2/3 long-term |  | 0.40 |
| [SPGI](https://easycompare.io/research/spgi): S&P Global Inc. | −7.4% | +28.2% | +3.7% | +293% | 1/5 short-term, 2/3 long-term |  | 0.16 |
| FICO: Fair Isaac Corporation | −50.6% | −12.3% | +94.8% | +549% | 0/5 short-term, 2/3 long-term |  | 0.52 |
| G: Genpact Limited | −1.0% | +15.5% | −18.1% | +85.4% | 2/5 short-term, 1/3 long-term |  | 0.02 |
| FCN: FTI Consulting, Inc. | −1.3% | −19.1% | +4.5% | +247% | 1/5 short-term, 1/3 long-term |  | 0.18 |
| [ACN](https://easycompare.io/research/acn): Accenture plc | +2.2% | −13.6% | −23.6% | +146% | 5/5 short-term, 0/3 long-term |  | 0.00 |
| FDS: FactSet Research Systems Inc. | +9.5% | −24.7% | −21.8% | +127% | 4/5 short-term, 0/3 long-term |  | -0.01 |
| MORN: Morningstar, Inc. | −1.9% | −3.7% | −22.9% | +203% | 3/5 short-term, 0/3 long-term |  | 0.00 |
| VRSK: Verisk Analytics, Inc. | −18.1% | −16.8% | −6.7% | +151% | 1/5 short-term, 0/3 long-term |  | 0.08 |
| [ADBE](https://easycompare.io/research/adbe): Adobe Inc. | −25.2% | −52.5% | −59.4% | +135% | 1/5 short-term, 0/3 long-term |  | -0.28 |
| [INTU](https://easycompare.io/research/intu): Intuit Inc. | −48.9% | −32.1% | −38.8% | +237% | 0/5 short-term, 0/3 long-term |  | -0.06 |
| CSGP: CoStar Group, Inc. | −55.9% | −55.2% | −65.9% | +58.4% | 0/5 short-term, 0/3 long-term |  | -0.41 |

### How did TRI do year by year?

This table shows each investment's total return in every full calendar year since 2003, along with where TRI ranked among its popular alternatives each year.

- Ranked against its popular alternatives each year, TRI finished in the top quarter in four of 23 years and in the bottom quarter in seven. In 2025, it ranked 15 of 20.
- TRI finished ahead of the S&P 500 in 11 of its 23 full calendar years, and behind it in each of the last two.
- Among its popular alternatives, FICO came out ahead of TRI most often, in 17 of the 23 years both traded.

| Year | TRI | SPY |
| --- | --- | --- |
| 2025 | −16.6% | +17.7% |
| 2024 | +11.1% | +24.9% |
| 2023 | +29.8% | +26.2% |
| 2022 | −3.1% | −18.2% |
| 2021 | +48.3% | +28.7% |
| 2020 | +16.6% | +18.3% |
| 2019 | +51.4% | +31.2% |
| 2018 | +13.3% | −4.6% |
| 2017 | +2.2% | +21.7% |
| 2016 | +19.1% | +12.0% |

## Risk and diversification

How TRI has fallen, how it held up in crashes beside the S&P 500 and its popular alternatives, and what moves independently of it.

### What were TRI's worst declines?

A drawdown is the decline from a peak to the lowest point before a new high.

- In all five of TRI's worst declines, the S&P 500 held up better over the same dates.
- Not every decline was the market's doing: TRI fell 63.5% from July 2025 to June 2026, while the S&P 500 rose 20.5%.
- The slowest recovery came after TRI fell 56.6% from October 2007 to October 2008; it did not regain that peak until August 2014, six years later.

| Decline | Peak | Low | Back at the high | SPY over the same dates | Market event |
| --- | --- | --- | --- | --- | --- |
| −63.5% | July 14, 2025 | June 22, 2026 | not yet | +20.5% |  |
| −56.6% | October 31, 2007 | October 24, 2008 | August 27, 2014 | −42.5% | 2008 financial crisis |
| −35.4% | February 19, 2020 | March 23, 2020 | October 5, 2020 | −33.7% | Covid crash |
| −26.8% | June 28, 2002 | September 23, 2002 | May 20, 2003 | −15.1% | dot-com bust |
| −24.6% | November 19, 2021 | May 11, 2022 | February 13, 2023 | −15.7% | 2022 bear market |

### How did TRI do in stock market crashes?

This section measures how far TRI, the S&P 500 and each alternative fell from peak to trough during every major market crash since 2000.

- Among its popular alternatives, FCN held up best, falling less than TRI in six of the nine crashes they both traded through.
- TRI began trading after the dot-com bust, but 11 of its popular alternatives lived through it. The mildest fall among them was MCO's 18.5%, against 47.5% for the S&P 500.
- TRI fell further than the S&P 500 in five of the nine crashes it has traded through. The clearest case was the 2011 euro debt crisis, when TRI fell 25.1% and the S&P 500 fell 17.9%.

| Crash | Dates | TRI fall | SPY fall |
| --- | --- | --- | --- |
| Dot-com bust | March 10, 2000 to October 9, 2002 | not trading | −47.5% |
| Global financial crisis | October 9, 2007 to March 9, 2009 | −56.6% | −55.2% |
| Flash crash | May 6, 2010 to May 7, 2010 | −2.0% | −1.5% |
| Euro debt crisis | July 22, 2011 to October 3, 2011 | −25.1% | −17.9% |
| China devaluation & oil rout | August 10, 2015 to February 11, 2016 | −17.4% | −12.8% |
| Volmageddon | February 2, 2018 to February 9, 2018 | −7.0% | −6.5% |
| Q4 2018 selloff | September 21, 2018 to December 24, 2018 | −9.3% | −19.3% |
| COVID crash | February 19, 2020 to March 23, 2020 | −35.4% | −33.7% |
| 2022 bear market | January 4, 2022 to October 12, 2022 | −19.9% | −24.5% |
| SVB / regional bank stress | March 8, 2023 to March 13, 2023 | −2.4% | −3.4% |

### How closely does TRI move with the S&P 500?

Upside capture measures how much of the S&P 500's gains an investment kept in the months the market rose, and downside capture how much of its losses it took in the months the market fell.

- Over the past 10 years, TRI captured 69% of the S&P 500's gains in rising months and 67% of its losses in falling months, with a beta of 0.63. That is a defensive profile: it gave up some of the market's upside in exchange for smaller losses.
- Only FCN and MSCI had a higher capture ratio (upside capture divided by downside capture) than TRI's 1.04, out of 19 popular alternatives with the same record.

Measured over the past 10 years of monthly returns against SPY.

| Investment | Upside capture | Downside capture | Beta |
| --- | --- | --- | --- |
| TRI: Thomson Reuters Corporation (this page) | 69.0% | 67.0% | 0.63 |
| EXLS: ExlService Holdings, Inc. | 99.0% | 109% | 0.90 |
| [SAP](https://easycompare.io/research/sap): SAP SE | 112% | 152% | 1.10 |
| SSNC: SS&C Technologies Holdings, Inc. | 113% | 153% | 1.32 |
| [MCO](https://easycompare.io/research/mco): Moody's Corporation | 131% | 151% | 1.26 |
| [ORCL](https://easycompare.io/research/orcl): Oracle Corporation | 131% | 159% | 1.30 |
| [MSCI](https://easycompare.io/research/msci): MSCI Inc. | 131% | 121% | 1.12 |
| BR: Broadridge Financial Solutions, Inc. | 90.0% | 105% | 0.90 |
| [RELX](https://easycompare.io/research/relx): RELX Plc | 61.0% | 69.0% | 0.73 |
| [SPGI](https://easycompare.io/research/spgi): S&P Global Inc. | 107% | 125% | 1.04 |
| FICO: Fair Isaac Corporation | 137% | 159% | 1.31 |
| G: Genpact Limited | 90.0% | 146% | 0.99 |
| FCN: FTI Consulting, Inc. | 52.0% | 29.0% | 0.19 |
| [ACN](https://easycompare.io/research/acn): Accenture plc | 117% | 186% | 1.12 |
| FDS: FactSet Research Systems Inc. | 71.0% | 97.0% | 0.76 |
| MORN: Morningstar, Inc. | 93.0% | 117% | 1.07 |
| VRSK: Verisk Analytics, Inc. | 63.0% | 73.0% | 0.73 |
| [ADBE](https://easycompare.io/research/adbe): Adobe Inc. | 123% | 184% | 1.24 |
| [INTU](https://easycompare.io/research/intu): Intuit Inc. | 99.0% | 126% | 1.03 |
| CSGP: CoStar Group, Inc. | 79.0% | 139% | 0.85 |

### What diversifies TRI?

Correlation measures how closely two investments move together, on a scale from 1 (in lockstep) through 0 (unrelated) to -1 (in opposite directions).

- Moving a fifth of the money in TRI into DXJ would have cut the portfolio's volatility by 19% over the past 5 years and raised its annual return (-0.9% for TRI alone, +4.8% for the mix).
- CAH made money in five of the seven calendar years in which TRI lost money.
- Among large ETFs, LVHI, DXJ and EMLP have moved largely independently of TRI over the past 5 years, with correlations of 0.20 or lower, and each still earned a positive 5-year return.

| Investment | Correlation with TRI | 5Y return | Volatility | Sharpe | Rose in TRI's 7 down years |
| --- | --- | --- | --- | --- | --- |
| LVHI: Franklin International Low Volatility High Dividend Index ETF | 0.20 | +119% | 11.1% | 1.48 | 2 of 7 |
| DXJ: WisdomTree Japan Hedged Equity Fund | 0.04 | +225% | 19.1% | 1.34 | 3 of 7 |
| EMLP: First Trust North American Energy Infrastructure Fund | 0.20 | +101% | 14.5% | 1.04 | 2 of 7 |
| HDV: iShares Core High Dividend ETF | 0.19 | +83.3% | 13.0% | 1.00 | 2 of 7 |
| [SMH](https://easycompare.io/research/smh): VanEck Semiconductor ETF | 0.20 | +323% | 36.9% | 0.97 | 3 of 7 |
| DBEF: Xtrackers MSCI EAFE Hedged Equity ETF | 0.36 | +85.0% | 13.8% | 0.96 | 2 of 7 |
| [GLD](https://easycompare.io/research/gld): SPDR Gold Shares | -0.01 | +126% | 18.9% | 0.96 | 4 of 7 |
| SPMO: Invesco S&P 500 Momentum ETF | 0.29 | +136% | 20.8% | 0.93 | 1 of 7 |

## Common questions

### What was TRI's worst drawdown?

TRI's deepest decline since it began trading in 2002 was 63.5%, from July 2025 to June 2026. It has not yet climbed back to that peak.

### What were TRI's best and worst years?

Over 23 full calendar years, TRI's best year was 2019, when it returned 51.4%. Its worst was 2008, with a return of -26.3%.

### Is there a better investment than TRI?

Among TRI's popular alternatives, SSNC, RELX and MCO earned more than TRI with less volatility over the past 5 years. SSNC returned 4.7% a year at 25.2% volatility, against 0.7% a year at 29.3%. Looking beyond its popular alternatives, ADP (business services) and RTX (aerospace & defense) earned more than TRI with less volatility over the past 5 years. ADP returned 9.0% a year at 22.9% volatility, against 0.7% a year at 29.3%.

### Is TRI more volatile than the S&P 500?

Yes. TRI's volatility over the past 5 years was 29.3%, 1.7 times the S&P 500's 17.1%. Volatility measures how widely returns swing around their average: in roughly two years out of three, TRI's return lands within 29.3% of its average, either way. The higher it is, the rougher the ride and the harder it is to hold through a slump.

### What is TRI's Sharpe ratio?

TRI's Sharpe ratio over the past 5 years was 0.17, against 0.79 for the S&P 500, so TRI earned less for each unit of risk than an index fund did. The Sharpe ratio is the return earned above cash for each unit of volatility: two investments with the same return are not equal if one got there with far bigger swings.

### How correlated is TRI with the S&P 500?

Over the past 5 years, TRI's monthly returns had a correlation of 0.47 with the S&P 500. Correlation runs from 1 (moving in lockstep) through 0 (unrelated) to −1 (moving in opposite directions). They often move together: some diversification next to an index fund, but not a cushion. In the table, the correlation column measures each option against TRI instead: the lower it is, the more that option would diversify a TRI holding.

### What are the best alternatives to TRI?

Of the 19 popular alternatives we compared, three outperformed TRI in at least 3 of 5 short-term and 2 of 3 long-term timeframes, with dividends reinvested: EXLS, SAP and SSNC.

### Did TRI outperform the S&P 500?

TRI finished ahead of the S&P 500 (SPY) in 11 of 23 full calendar years. In 2025, it returned -16.6%, against +17.7% for the index.

### How did TRI do in stock market crashes?

TRI fell less than the S&P 500 (SPY) in three of the nine major crashes it has traded through, and further in five. The clearest case was the 2011 euro debt crisis, when TRI fell 25.1% and the S&P 500 fell 17.9%.

### What diversifies TRI?

These had a low correlation with TRI over the past 5 years and still earned a positive 5-year return: among large ETFs, LVHI (correlation 0.20), DXJ (correlation 0.04) and EMLP (correlation 0.20); among large stocks, CAH (correlation 0.08), CLS (correlation 0.16) and FIX (correlation 0.08). A correlation near zero means the two have moved largely independently.

## More research

- [SAP Performance, Alternatives and Market Rank](https://easycompare.io/research/sap)
- [Moody's (MCO) Performance, Alternatives and Market Rank](https://easycompare.io/research/mco)
- [Oracle (ORCL) Performance, Alternatives and Market Rank](https://easycompare.io/research/orcl)
- [MSCI Performance, Alternatives and Market Rank](https://easycompare.io/research/msci)
- [RELX Performance, Alternatives and Market Rank](https://easycompare.io/research/relx)
- [S&P Global (SPGI) Performance, Alternatives and Market Rank](https://easycompare.io/research/spgi)
- [Accenture (ACN) Performance, Alternatives and Market Rank](https://easycompare.io/research/acn)
- [Adobe (ADBE) Performance, Alternatives and Market Rank](https://easycompare.io/research/adbe)
- [Intuit (INTU) Performance, Alternatives and Market Rank](https://easycompare.io/research/intu)
- [Schwab U.S. Dividend Equity ETF (SCHD) Performance, Alternatives and Market Rank](https://easycompare.io/research/schd)
- [NVIDIA (NVDA) Performance, Alternatives and Market Rank](https://easycompare.io/research/nvda)
- [Apple (AAPL) Performance, Alternatives and Market Rank](https://easycompare.io/research/aapl)

## Explore further

- Full page with charts: https://easycompare.io/research/tri
- All research pages: https://easycompare.io/llms.txt
- Compare the entire market against TRI live: https://betterthanspy.com/?b=TRI&utm_source=easycompare&utm_medium=research