DTE vs INTU: Correlation
How closely do DTE Energy (DTE) and Intuit (INTU) trade together? Their weekly returns over three years give a correlation of -0.23, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DTE and INTU?
On 3 years of weekly data the DTE/INTU correlation comes out at -0.23, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.42) runs below the 3-year figure (-0.23). The 5-year figure is -0.00, and annualized covariance runs at -143.7 %².
By 3-year correlation, INTU places #38 of the 44 assets tracked against DTE. Their recent paths diverged sharply: over the last 12 months DTE outperformed by 48.6 percentage points (+1.7% for DTE against -46.9% for INTU). This link changes with the market regime, having swung between -0.41 and 0.33 on a rolling one-year basis. Risk is not evenly split, since INTU carries 2.1 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.
DTE vs INTU: side by side
| DTE (DTE Energy) | INTU (Intuit) | |
|---|---|---|
| 1-year return | +1.7% | -46.9% |
| 5-year return | +33.3% | -36.2% |
| Volatility (ann.) | 17.1% | 36.2% |
| Beta vs S&P 500 | 0.07 | 0.70 |
| Max drawdown (3Y) | -12.4% | -68.2% |
| Market cap | $28.3B | $95.2B |
| P/E (trailing) | 21.8 | 21.0 |
| Dividend yield | 3.39% | 1.39% |
| Sector / category | Utilities | Information Technology |
Year-by-year returns
| Year | DTE | INTU |
|---|---|---|
| 2022 | +1.2% | -39.1% |
| 2023 | -2.8% | +61.8% |
| 2024 | +13.5% | +1.2% |
| 2025 | +10.4% | +6.1% |
| 2026 | +7.3% | -47.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DTE and INTU good diversifiers for each other?
Yes. With a correlation of -0.23, DTE and INTU have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between DTE and INTU?
Using weekly returns as of 2026-08-27: -0.23 over 3 years, with -0.42 over the last year and -0.00 over 5 years.
Is INTU a good diversifier for DTE?
Yes. With a correlation of -0.23, DTE and INTU have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.23 mean?
On the −1 to +1 scale, -0.23 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
$ curl https://www.pairbook.io/api/v1/pairs/dte-vs-intu.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dte-vs-intu/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DTE correlations · INTU correlations
