AES vs INLX: Correlation
How closely do AES Corporation (AES) and Intellinetics, Inc. (INLX) trade together? Their weekly returns over three years give a correlation of -0.21, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AES and INLX?
On 3 years of weekly data the AES/INLX correlation comes out at -0.21, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.02) runs above the 3-year figure (-0.21). The 5-year figure is -0.07, and annualized covariance runs at -519.5 %².
Among the 31 assets we track against AES, INLX sits near the bottom by co-movement, at rank #27. The last year tells two different stories: AES led by 62.3 percentage points, +15.9% for AES against -46.4% for INLX.
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.
AES vs INLX: side by side
| AES (AES Corporation) | INLX (Intellinetics, Inc.) | |
|---|---|---|
| 1-year return | +15.9% | -46.4% |
| 5-year return | -25.1% | +7.4% |
| Volatility (ann.) | 40.5% | 60.0% |
| Beta vs S&P 500 | 0.86 | -0.07 |
| Max drawdown (3Y) | -53.3% | -65.9% |
| Market cap | $10.5B | – |
| P/E (trailing) | 5.5 | – |
| Dividend yield | 4.78% | 0.00% |
| Sector / category | Utilities | US Listed |
Year-by-year returns
| Year | AES | INLX |
|---|---|---|
| 2022 | +21.7% | -43.5% |
| 2023 | -30.9% | +18.5% |
| 2024 | -30.4% | +171.7% |
| 2025 | +18.3% | -42.0% |
| 2026 | +6.6% | -34.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AES and INLX good diversifiers for each other?
Yes. With a correlation of -0.21, AES and INLX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between AES and INLX?
As of 2026-08-27, the correlation of weekly returns between AES and INLX is -0.21 over 3 years, -0.02 over 1 year and -0.07 over 5 years.
Is INLX a good diversifier for AES?
Yes. With a correlation of -0.21, AES and INLX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.21 mean?
A reading of -0.21 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/aes-vs-inlx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/aes-vs-inlx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AES correlations · INLX correlations
