AGPU vs PIM: Correlation
Measured on weekly returns over the past three years, Axe Compute Inc. (AGPU) and Franklin Master Intermediate Income Trust Shares of (PIM) carry a correlation of 0.33, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AGPU and PIM?
On 3 years of weekly data the AGPU/PIM correlation comes out at 0.33, moderate. The relationship has been stable: the 1-year correlation (0.39) sits close to the 3-year figure. The 5-year figure is 0.28, and annualized covariance runs at 451.8 %².
Among the 13 assets we track against AGPU, PIM ranks #6 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months PIM outperformed by 27.6 percentage points (-24.4% for AGPU against +3.2% for PIM). Risk is not evenly split, since AGPU carries 15.9 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.
AGPU vs PIM: side by side
| AGPU (Axe Compute Inc.) | PIM (Franklin Master Intermediate Income Trust Shares of) | |
|---|---|---|
| 1-year return | -24.4% | +3.2% |
| 5-year return | -96.8% | +16.1% |
| Volatility (ann.) | 146.2% | 9.2% |
| Beta vs S&P 500 | 1.75 | 0.26 |
| Max drawdown (3Y) | -97.9% | -6.4% |
| Market cap | $0.1B | $0.2B |
| P/E (trailing) | – | 14.4 |
| Dividend yield | 0.00% | 8.35% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AGPU | PIM |
|---|---|---|
| 2022 | -67.8% | -12.5% |
| 2023 | -46.4% | +8.4% |
| 2024 | -75.1% | +10.9% |
| 2025 | -41.9% | +10.9% |
| 2026 | +44.9% | +0.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AGPU and PIM good diversifiers for each other?
Reasonably. At 0.33, AGPU and PIM keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between AGPU and PIM?
As of 2026-08-27, the correlation of weekly returns between AGPU and PIM is 0.33 over 3 years, 0.39 over 1 year and 0.28 over 5 years.
Is PIM a good diversifier for AGPU?
Reasonably. At 0.33, AGPU and PIM keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.33 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
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Related comparisons
Hubs: AGPU correlations · PIM correlations
