ELS vs INTJ: Correlation
How closely do Equity Lifestyle Properties, Inc. (ELS) and Intelligent Group Limited - Class A (INTJ) trade together? Their weekly returns over three years give a correlation of -0.22, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ELS and INTJ?
On 3 years of weekly data the ELS/INTJ correlation comes out at -0.22, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.39) runs below the 3-year figure (-0.22). The 5-year figure is n/a, and annualized covariance runs at -363.3 %².
Out of 11 assets tracked against ELS, INTJ lands near the bottom at #9. Correlation aside, the last 12 months split them widely, with ELS ahead by 78.5 points (+10.2% versus -68.3%). One caveat on sizing: INTJ is 5.3 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.
ELS vs INTJ: side by side
| ELS (Equity Lifestyle Properties, Inc.) | INTJ (Intelligent Group Limited - Class A) | |
|---|---|---|
| 1-year return | +10.2% | -68.3% |
| 5-year return | -12.6% | n/a |
| Volatility (ann.) | 17.5% | 93.5% |
| Beta vs S&P 500 | 0.07 | 1.29 |
| Max drawdown (3Y) | -21.0% | -96.2% |
| Market cap | $12.8B | – |
| P/E (trailing) | 31.2 | – |
| Dividend yield | 3.27% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ELS | INTJ |
|---|---|---|
| 2022 | -24.5% | – |
| 2023 | +12.2% | – |
| 2024 | -2.8% | – |
| 2025 | -5.9% | -49.6% |
| 2026 | +7.3% | -71.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ELS and INTJ good diversifiers for each other?
Yes. With a correlation of -0.22, ELS and INTJ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ELS and INTJ?
The ELS/INTJ correlation stands at -0.22 on a 3-year window (1 year: -0.39, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is INTJ a good diversifier for ELS?
Yes. With a correlation of -0.22, ELS and INTJ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.22 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
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Hubs: ELS correlations · INTJ correlations
