CMS vs INTU: Correlation
How closely do CMS Energy (CMS) and Intuit (INTU) trade together? Their weekly returns over three years give a correlation of -0.28, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CMS and INTU?
Over the past 3 years, CMS and INTU moved with a correlation of -0.28, which is negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.49) runs below the 3-year figure (-0.28). Over 5 years the correlation is -0.02, and the annualized covariance of weekly returns is -164.1 %².
INTU is close to the least connected end of CMS's tracked universe, ranking #38 of 42. Correlation aside, the last 12 months split them widely, with CMS ahead by 44.5 points (-2.4% versus -46.9%). The relationship is regime-dependent: the rolling one-year correlation swung between -0.48 and 0.24 over the past three years, so this pair behaves very differently depending on the market environment. Risk is not evenly split, since INTU carries 2.2 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.
CMS vs INTU: side by side
| CMS (CMS Energy) | INTU (Intuit) | |
|---|---|---|
| 1-year return | -2.4% | -46.9% |
| 5-year return | +23.8% | -36.2% |
| Volatility (ann.) | 16.2% | 36.2% |
| Beta vs S&P 500 | -0.01 | 0.70 |
| Max drawdown (3Y) | -13.2% | -68.2% |
| Market cap | $21.4B | $95.2B |
| P/E (trailing) | 20.8 | 21.0 |
| Dividend yield | 3.21% | 1.39% |
| Sector / category | Utilities | Information Technology |
Year-by-year returns
| Year | CMS | INTU |
|---|---|---|
| 2022 | +0.2% | -39.1% |
| 2023 | -5.2% | +61.8% |
| 2024 | +18.6% | +1.2% |
| 2025 | +8.1% | +6.1% |
| 2026 | +0.0% | -47.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CMS and INTU good diversifiers for each other?
Yes: at -0.28, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between CMS and INTU?
Using weekly returns as of 2026-08-27: -0.28 over 3 years, with -0.49 over the last year and -0.02 over 5 years.
Is INTU a good diversifier for CMS?
Yes: at -0.28, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.28 mean?
A reading of -0.28 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/cms-vs-intu.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cms-vs-intu/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CMS correlations · INTU correlations
