EMR vs ITT: Correlation
How closely do Emerson Electric (EMR) and ITT Inc. (ITT) trade together? Their weekly returns over three years give a correlation of 0.70, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EMR and ITT?
On 3 years of weekly data the EMR/ITT correlation comes out at 0.70, strong. Little has changed lately, as the 1-year reading of 0.71 lands near the 3-year figure. The 5-year figure is 0.70, and annualized covariance runs at 541.0 %².
Among the 47 assets we track against EMR, ITT ranks #7 by 3-year correlation. Twelve-month performance is nearly a tie, at +20.0% for EMR and +20.8% for ITT.
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.
EMR vs ITT: side by side
| EMR (Emerson Electric) | ITT (ITT Inc.) | |
|---|---|---|
| 1-year return | +20.0% | +20.8% |
| 5-year return | +65.4% | +124.4% |
| Volatility (ann.) | 28.3% | 27.4% |
| Beta vs S&P 500 | 1.29 | 1.33 |
| Max drawdown (3Y) | -29.6% | -29.1% |
| Market cap | $88.0B | – |
| P/E (trailing) | 34.5 | 40.9 |
| Dividend yield | 1.39% | 0.70% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | EMR | ITT |
|---|---|---|
| 2022 | +5.7% | -19.5% |
| 2023 | +3.8% | +48.9% |
| 2024 | +29.7% | +20.9% |
| 2025 | +8.9% | +22.5% |
| 2026 | +20.2% | +20.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EMR and ITT good diversifiers for each other?
Only partially. A correlation of 0.70 means EMR and ITT share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between EMR and ITT?
Using weekly returns as of 2026-08-27: 0.70 over 3 years, with 0.71 over the last year and 0.70 over 5 years.
Is ITT a good diversifier for EMR?
Only partially. A correlation of 0.70 means EMR and ITT share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.70 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
$ curl https://www.pairbook.io/api/v1/pairs/emr-vs-itt.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/emr-vs-itt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: EMR correlations · ITT correlations
