AMP vs NTRS: Correlation
Ameriprise Financial (AMP) and Northern Trust (NTRS) show a strong relationship: their 3-year correlation of weekly returns is 0.67.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMP and NTRS?
Over the past 3 years, AMP and NTRS moved with a correlation of 0.67, which is strong. The link has loosened recently: the 1-year correlation (0.49) runs below the 3-year figure (0.67). Over 5 years the correlation is 0.72, and the annualized covariance of weekly returns is 393.2 %².
Within AMP's tracked universe of 34 assets, NTRS comes in at #13 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months NTRS outperformed by 36.1 percentage points (+8.7% for AMP against +44.8% for NTRS). The rolling one-year correlation moved between 0.48 and 0.80 over the past three years, a moderate range.
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.
AMP vs NTRS: side by side
| AMP (Ameriprise Financial) | NTRS (Northern Trust) | |
|---|---|---|
| 1-year return | +8.7% | +44.8% |
| 5-year return | +119.2% | +83.2% |
| Volatility (ann.) | 25.0% | 23.7% |
| Beta vs S&P 500 | 1.09 | 1.08 |
| Max drawdown (3Y) | -26.4% | -25.2% |
| Market cap | $49.1B | $34.1B |
| P/E (trailing) | 13.5 | 16.1 |
| Dividend yield | 1.16% | 1.71% |
| Sector / category | Financials | Financials |
Year-by-year returns
| Year | AMP | NTRS |
|---|---|---|
| 2022 | +5.0% | -23.8% |
| 2023 | +24.0% | -1.0% |
| 2024 | +42.1% | +25.6% |
| 2025 | -6.7% | +36.9% |
| 2026 | +14.5% | +37.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMP and NTRS good diversifiers for each other?
To a limited degree. At 0.67 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between AMP and NTRS?
The AMP/NTRS correlation stands at 0.67 on a 3-year window (1 year: 0.49, 5 years: 0.72), computed from weekly returns as of 2026-08-27.
Is NTRS a good diversifier for AMP?
To a limited degree. At 0.67 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.67 mean?
A reading of 0.67 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/amp-vs-ntrs.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/amp-vs-ntrs/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AMP correlations · NTRS correlations
