PairBook
HomeDIOD › DIOD vs INTT

DIOD vs INTT: Correlation

How closely do Diodes Incorporated (DIOD) and inTest Corporation (INTT) trade together? Their weekly returns over three years give a correlation of 0.51, which is moderate.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.51
moderate
Correlation (1Y)
0.49
last 12 months
Correlation (5Y)
0.52
long-run
Ann. covariance
1331.4
%² · weekly, annualized

How correlated are DIOD and INTT?

On 3 years of weekly data the DIOD/INTT correlation comes out at 0.51, moderate. Little has changed lately, as the 1-year reading of 0.49 lands near the 3-year figure. The 5-year figure is 0.52, and annualized covariance runs at 1331.4 %².

By 3-year correlation, INTT places #19 of the 25 assets tracked against DIOD. Neither side won the trailing year by much: +61.7% against +62.4%.

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.

DIOD vs INTT: side by side

DIOD (Diodes Incorporated)INTT (inTest Corporation)
1-year return+61.7%+62.4%
5-year return-7.4%-9.0%
Volatility (ann.)50.3%51.5%
Beta vs S&P 5001.841.19
Max drawdown (3Y)-60.1%-67.7%
Market cap$4.2B$0.1B
P/E (trailing)48.6165.4
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Lower P/E: DIOD 48.6 vs 165.4Smaller drawdown: DIOD -60.1% vs -67.7%Higher 5y return: DIOD -7.4% vs -9.0%
-16%0%+159%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. DIOD · INTT

Year-by-year returns

YearDIODINTT
2022-30.7%-19.0%
2023+5.8%+32.0%
2024-23.4%-36.8%
2025-20.0%-13.0%
2026+84.2%+55.0%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are DIOD and INTT good diversifiers for each other?

Somewhat, no more. With 0.51 correlation, most large moves hit both names, and the diversification benefit stays modest.

FAQ

What is the correlation between DIOD and INTT?

The DIOD/INTT correlation stands at 0.51 on a 3-year window (1 year: 0.49, 5 years: 0.52), computed from weekly returns as of 2026-08-27.

Is INTT a good diversifier for DIOD?

Somewhat, no more. With 0.51 correlation, most large moves hit both names, and the diversification benefit stays modest.

What does a correlation of 0.51 mean?

On the −1 to +1 scale, 0.51 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.

Use this data

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/diod-vs-intt.json

DIOD vs INTT: 3-year weekly correlation 0.51DIOD vs INTT0.51

Embed this badge (it refreshes with the data), with attribution:

[![DIOD vs INTT correlation](https://www.pairbook.io/api/v1/badge/diod-vs-intt.svg)](https://www.pairbook.io/pair/diod-vs-intt/)

The core API is free. Terms and every endpoint in the API documentation.

Related comparisons

Hubs: DIOD correlations · INTT correlations