AEP vs INTU: Correlation
American Electric Power (AEP) and Intuit (INTU) show a negative relationship: their 3-year correlation of weekly returns is -0.32.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AEP and INTU?
Over the past 3 years, AEP and INTU moved with a correlation of -0.32, which is negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.52) runs below the 3-year figure (-0.32). Over 5 years the correlation is -0.07, and the annualized covariance of weekly returns is -217.4 %².
INTU is close to the least connected end of AEP's tracked universe, ranking #36 of 36. Their recent paths diverged sharply: over the last 12 months AEP outperformed by 59.0 percentage points (+12.1% for AEP against -46.9% for INTU). The relationship is regime-dependent: the rolling one-year correlation swung between -0.51 and 0.29 over the past three years, so this pair behaves very differently depending on the market environment. Risk is not evenly split, since INTU carries 1.9 times the volatility of the other side.
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.
AEP vs INTU: side by side
| AEP (American Electric Power) | INTU (Intuit) | |
|---|---|---|
| 1-year return | +12.1% | -46.9% |
| 5-year return | +63.9% | -36.2% |
| Volatility (ann.) | 18.9% | 36.2% |
| Beta vs S&P 500 | -0.01 | 0.70 |
| Max drawdown (3Y) | -13.1% | -68.2% |
| Market cap | $66.8B | $95.2B |
| P/E (trailing) | 21.4 | 21.0 |
| Dividend yield | 3.06% | 1.39% |
| Sector / category | Utilities | Information Technology |
Year-by-year returns
| Year | AEP | INTU |
|---|---|---|
| 2022 | +10.4% | -39.1% |
| 2023 | -11.0% | +61.8% |
| 2024 | +18.2% | +1.2% |
| 2025 | +29.4% | +6.1% |
| 2026 | +8.9% | -47.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AEP and INTU good diversifiers for each other?
Yes. With a correlation of -0.32, AEP and INTU have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between AEP and INTU?
As of 2026-08-27, the correlation of weekly returns between AEP and INTU is -0.32 over 3 years, -0.52 over 1 year and -0.07 over 5 years.
Is INTU a good diversifier for AEP?
Yes. With a correlation of -0.32, AEP and INTU have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.32 mean?
A reading of -0.32 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/aep-vs-intu.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/aep-vs-intu/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AEP correlations · INTU correlations
