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RELX vs. TRI
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

Performance

RELX vs. TRI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in RELX PLC (RELX) and Thomson Reuters Corp (TRI). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, RELX achieves a -21.27% return, which is significantly higher than TRI's -37.89% return. Over the past 10 years, RELX has underperformed TRI with an annualized return of 8.18%, while TRI has yielded a comparatively higher 9.66% annualized return.


RELX

1D
1.23%
1M
-5.45%
YTD
-21.27%
6M
-22.63%
1Y
-39.76%
3Y*
0.12%
5Y*
4.89%
10Y*
8.18%

TRI

1D
5.43%
1M
-6.00%
YTD
-37.89%
6M
-38.43%
1Y
-57.85%
3Y*
-14.04%
5Y*
-2.15%
10Y*
9.66%
*Multi-year figures are annualized to reflect compound growth (CAGR)

RELX vs. TRI - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
RELX
RELX PLC
-21.27%-9.60%16.59%46.09%-13.06%35.47%0.27%25.28%-11.20%34.97%
TRI
Thomson Reuters Corp
-37.89%-16.57%11.14%30.31%-3.01%49.18%16.71%51.59%14.56%2.68%

Correlation

The correlation between RELX and TRI is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.48

Correlation (3Y)
Calculated over the trailing 3-year period

0.52

Correlation (5Y)
Calculated over the trailing 5-year period

0.55

Correlation (10Y)
Calculated over the trailing 10-year period

0.49

Correlation (All Time)
Calculated using the full available price history since Jun 12, 2002

0.45

The correlation between RELX and TRI has been stable across timeframes, ranging from 0.45 to 0.55 - a consistent structural relationship.

Fundamentals

Market Cap

RELX:

$57.22B

TRI:

$35.33B

EPS

RELX:

£2.17

TRI:

$3.42

PE Ratio

RELX:

10.86

TRI:

23.60

PS Ratio

RELX:

2.28

TRI:

4.70

PB Ratio

RELX:

18.30

TRI:

2.98

Total Revenue (TTM)

RELX:

£18.99B

TRI:

$7.66B

Gross Profit (TTM)

RELX:

£12.35B

TRI:

$4.11B

EBITDA (TTM)

RELX:

£6.05B

TRI:

$3.11B

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Return for Risk

RELX vs. TRI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RELX
RELX Risk / Return Rank: 55
Overall Rank
RELX Sharpe Ratio Rank: 22
Sharpe Ratio Rank
RELX Sortino Ratio Rank: 33
Sortino Ratio Rank
RELX Omega Ratio Rank: 33
Omega Ratio Rank
RELX Calmar Ratio Rank: 1111
Calmar Ratio Rank
RELX Martin Ratio Rank: 77
Martin Ratio Rank

TRI
TRI Risk / Return Rank: 44
Overall Rank
TRI Sharpe Ratio Rank: 11
Sharpe Ratio Rank
TRI Sortino Ratio Rank: 11
Sortino Ratio Rank
TRI Omega Ratio Rank: 22
Omega Ratio Rank
TRI Calmar Ratio Rank: 66
Calmar Ratio Rank
TRI Martin Ratio Rank: 99
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RELX vs. TRI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for RELX PLC (RELX) and Thomson Reuters Corp (TRI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


RELXTRIDifference
Sharpe ratioReturn per unit of total volatility

+0.05

Sortino ratioReturn per unit of downside risk

+0.44

Omega ratioGain probability vs. loss probability

0.76

0.71

+0.05

Calmar ratioReturn relative to maximum drawdown

-0.82

-0.91

+0.10

Martin ratioReturn relative to average drawdown

-1.45

-1.38

-0.07

RELX vs. TRI - Sharpe Ratio Comparison

The current RELX Sharpe Ratio is -1.29, which is comparable to the TRI Sharpe Ratio of -1.34. The chart below compares the historical Sharpe Ratios of RELX and TRI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

RELX vs. TRI - Drawdown Comparison

The maximum RELX drawdown since its inception was -49.91%, smaller than the maximum TRI drawdown of -63.45%. Use the drawdown chart below to compare losses from any high point for RELX and TRI.


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Drawdown Indicators


RELXTRIDifference

Max Drawdown

Largest peak-to-trough decline

-49.91%

-63.45%

+13.54%

Max Drawdown (1Y)

Largest decline over 1 year

-48.70%

-63.45%

+14.75%

Max Drawdown (3Y)

Largest decline over 3 years

-49.91%

-63.45%

+13.54%

Max Drawdown (5Y)

Largest decline over 5 years

-49.91%

-63.45%

+13.54%

Max Drawdown (10Y)

Largest decline over 10 years

-49.91%

-63.45%

+13.54%

Current Drawdown

Current decline from peak

-42.52%

-61.46%

+18.94%

Average Drawdown

Average peak-to-trough decline

-12.31%

-11.63%

-0.68%

Ulcer Index

Depth and duration of drawdowns from previous peaks

27.44%

42.04%

-14.60%

Volatility

RELX vs. TRI - Volatility Comparison

The current volatility for RELX PLC (RELX) is 11.01%, while Thomson Reuters Corp (TRI) has a volatility of 15.99%. This indicates that RELX experiences smaller price fluctuations and is considered to be less risky than TRI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


RELXTRIDifference

Volatility (1M)

Calculated over the trailing 1-month period

11.01%

15.99%

-4.98%

Volatility (6M)

Calculated over the trailing 6-month period

28.07%

38.17%

-10.10%

Volatility (1Y)

Calculated over the trailing 1-year period

30.98%

43.22%

-12.24%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

22.94%

26.16%

-3.22%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.41%

23.69%

-1.28%

Dividends

RELX vs. TRI - Dividend Comparison

RELX's dividend yield for the trailing twelve months is around 2.95%, less than TRI's 4.91% yield.


PositionTTM20252024202320222021202020192018201720162015
RELX
RELX PLC
2.95%2.03%1.68%1.73%2.42%2.05%2.39%1.57%2.68%2.05%2.55%2.28%
TRI
Thomson Reuters Corp
4.91%1.80%1.35%4.68%1.56%1.76%1.86%2.01%2.87%3.17%3.11%3.54%

Financials

RELX vs. TRI - Financials Comparison

This section allows you to compare key financial metrics between RELX PLC and Thomson Reuters Corp. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


1.50B2.00B2.50B3.00B3.50B4.00B4.50B5.00B202120222023202420252026
4.82B
2.06B
(RELX) Total Revenue
(TRI) Total Revenue
Please note, different currencies. RELX values in GBP, TRI values in USD

RELX vs. TRI - Profitability Comparison

The chart below illustrates the profitability comparison between RELX PLC and Thomson Reuters Corp over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

30.0%40.0%50.0%60.0%70.0%80.0%202120222023202420252026
63.8%
30.6%
Portfolio components
RELX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, RELX PLC reported a gross profit of 3.07B and revenue of 4.82B. Therefore, the gross margin over that period was 63.8%.

TRI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Thomson Reuters Corp reported a gross profit of 630.15M and revenue of 2.06B. Therefore, the gross margin over that period was 30.6%.

RELX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, RELX PLC reported an operating income of 1.51B and revenue of 4.82B, resulting in an operating margin of 31.4%.

TRI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Thomson Reuters Corp reported an operating income of 630.15M and revenue of 2.06B, resulting in an operating margin of 30.6%.

RELX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, RELX PLC reported a net income of 1.08B and revenue of 4.82B, resulting in a net margin of 22.5%.

TRI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Thomson Reuters Corp reported a net income of 452.64M and revenue of 2.06B, resulting in a net margin of 22.0%.


Frequently Asked Questions


RELX and TRI have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

TRI has higher volatility (15.99%) compared to RELX (11.01%). In terms of maximum drawdown, RELX dropped -49.91% vs TRI's -63.45%.

RELX currently has the higher Sharpe Ratio (-1.29 vs -1.34), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

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