CNP vs INTU: Correlation
Measured on weekly returns over the past three years, CenterPoint Energy (CNP) and Intuit (INTU) carry a correlation of -0.19, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CNP and INTU?
Across a 3-year window, the weekly returns of CNP and INTU correlate at -0.19, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.46 versus -0.19 over 3 years. Stretching to 5 years gives 0.06, with an annualized covariance of -118.9 %².
Among the 28 assets we track against CNP, INTU ranks #19 by 3-year correlation. Correlation aside, the last 12 months split them widely, with CNP ahead by 53.4 points (+6.5% versus -46.9%). Do not treat this figure as fixed: across three years the rolling one-year correlation ranged all the way from -0.43 to 0.28. One caveat on sizing: INTU is 2.1 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
CNP vs INTU: side by side
| CNP (CenterPoint Energy) | INTU (Intuit) | |
|---|---|---|
| 1-year return | +6.5% | -46.9% |
| 5-year return | +75.6% | -36.2% |
| Volatility (ann.) | 17.2% | 36.2% |
| Beta vs S&P 500 | 0.12 | 0.70 |
| Max drawdown (3Y) | -18.1% | -68.2% |
| Market cap | $25.9B | $95.2B |
| P/E (trailing) | 23.5 | 21.0 |
| Dividend yield | 2.27% | 1.39% |
| Sector / category | Utilities | Information Technology |
Year-by-year returns
| Year | CNP | INTU |
|---|---|---|
| 2022 | +10.0% | -39.1% |
| 2023 | -2.1% | +61.8% |
| 2024 | +14.3% | +1.2% |
| 2025 | +23.7% | +6.1% |
| 2026 | +4.2% | -47.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CNP and INTU good diversifiers for each other?
Yes. With a correlation of -0.19, CNP and INTU have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between CNP and INTU?
As of 2026-08-27, the correlation of weekly returns between CNP and INTU is -0.19 over 3 years, -0.46 over 1 year and 0.06 over 5 years.
Is INTU a good diversifier for CNP?
Yes. With a correlation of -0.19, CNP and INTU have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.19 mean?
A reading of -0.19 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/cnp-vs-intu.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cnp-vs-intu/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CNP correlations · INTU correlations
