ABT vs INTC: Correlation
Abbott Laboratories (ABT) and Intel (INTC) show a negative relationship: their 3-year correlation of weekly returns is -0.18.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABT and INTC?
On 3 years of weekly data the ABT/INTC correlation comes out at -0.18, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.33) than the 3-year average (-0.18). The 5-year figure is -0.02, and annualized covariance runs at -242.7 %².
Within ABT's tracked universe of 29 assets, INTC comes in at #19 by 3-year correlation. Correlation aside, the last 12 months split them widely, with INTC ahead by 283.8 points (-13.2% versus +270.6%). This link changes with the market regime, having swung between -0.31 and 0.40 on a rolling one-year basis. One caveat on sizing: INTC is 2.9 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.
ABT vs INTC: side by side
| ABT (Abbott Laboratories) | INTC (Intel) | |
|---|---|---|
| 1-year return | -13.2% | +270.6% |
| 5-year return | -2.3% | +85.4% |
| Volatility (ann.) | 22.0% | 63.0% |
| Beta vs S&P 500 | 0.16 | 2.01 |
| Max drawdown (3Y) | -39.6% | -63.8% |
| Market cap | $193.1B | $486.8B |
| P/E (trailing) | 37.0 | – |
| Dividend yield | 2.17% | 0.00% |
| Sector / category | Health Care | Information Technology |
Year-by-year returns
| Year | ABT | INTC |
|---|---|---|
| 2022 | -20.7% | -46.6% |
| 2023 | +2.3% | +94.6% |
| 2024 | +4.8% | -59.6% |
| 2025 | +12.9% | +84.0% |
| 2026 | -9.3% | +149.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABT and INTC good diversifiers for each other?
Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between ABT and INTC?
The ABT/INTC correlation stands at -0.18 on a 3-year window (1 year: -0.33, 5 years: -0.02), computed from weekly returns as of 2026-08-27.
Is INTC a good diversifier for ABT?
Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.18 mean?
A reading of -0.18 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/abt-vs-intc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/abt-vs-intc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ABT correlations · INTC correlations
