AUC vs ICE: Correlation
Measured on weekly returns over the past three years, ATIF Holdings Limited (AUC) and Intercontinental Exchange (ICE) carry a correlation of -0.21, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AUC and ICE?
On 3 years of weekly data the AUC/ICE correlation comes out at -0.21, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.19 lands near the 3-year figure. The 5-year figure is -0.14, and annualized covariance runs at -477.4 %².
Among the 24 assets we track against AUC, ICE sits near the bottom by co-movement, at rank #20. Their recent paths diverged sharply: over the last 12 months AUC outperformed by 25.1 percentage points (+17.2% for AUC against -7.9% for ICE). Risk is not evenly split, since AUC carries 5.1 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.
AUC vs ICE: side by side
| AUC (ATIF Holdings Limited) | ICE (Intercontinental Exchange) | |
|---|---|---|
| 1-year return | +17.2% | -7.9% |
| 5-year return | -88.8% | +44.2% |
| Volatility (ann.) | 108.2% | 21.2% |
| Beta vs S&P 500 | -0.39 | 0.62 |
| Max drawdown (3Y) | -88.5% | -33.9% |
| Market cap | $0.1B | $90.5B |
| P/E (trailing) | – | 22.7 |
| Dividend yield | 0.00% | 1.24% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | AUC | ICE |
|---|---|---|
| 2022 | -30.4% | -23.9% |
| 2023 | -53.3% | +27.1% |
| 2024 | +2.5% | +17.5% |
| 2025 | -70.6% | +9.9% |
| 2026 | +19.9% | +0.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AUC and ICE good diversifiers for each other?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
FAQ
What is the correlation between AUC and ICE?
The AUC/ICE correlation stands at -0.21 on a 3-year window (1 year: -0.19, 5 years: -0.14), computed from weekly returns as of 2026-08-27.
Is ICE a good diversifier for AUC?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
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/auc-vs-ice.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/auc-vs-ice/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AUC correlations · ICE correlations
