EQNR vs TILE: Correlation
Equinor ASA (EQNR) and Interface, Inc. (TILE) show a negative relationship: their 3-year correlation of weekly returns is -0.28.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EQNR and TILE?
Over the past 3 years, EQNR and TILE moved with a correlation of -0.28, which is negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.53) runs below the 3-year figure (-0.28). Over 5 years the correlation is -0.04, and the annualized covariance of weekly returns is -384.1 %².
Within EQNR's tracked universe of 79 assets, TILE comes in at #65 by 3-year correlation. Correlation aside, the last 12 months split them widely, with EQNR ahead by 36.9 points (+77.2% versus +40.3%).
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.
EQNR vs TILE: side by side
| EQNR (Equinor ASA) | TILE (Interface, Inc.) | |
|---|---|---|
| 1-year return | +77.2% | +40.3% |
| 5-year return | +180.6% | +167.4% |
| Volatility (ann.) | 33.2% | 40.8% |
| Beta vs S&P 500 | -0.25 | 0.93 |
| Max drawdown (3Y) | -27.6% | -33.6% |
| Market cap | $98.6B | $2.2B |
| P/E (trailing) | 11.2 | 15.7 |
| Dividend yield | 3.73% | 0.26% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EQNR | TILE |
|---|---|---|
| 2022 | +42.8% | -37.9% |
| 2023 | -0.8% | +28.5% |
| 2024 | -16.0% | +93.4% |
| 2025 | +6.1% | +14.9% |
| 2026 | +81.8% | +36.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EQNR and TILE good diversifiers for each other?
Yes. With a correlation of -0.28, EQNR and TILE have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between EQNR and TILE?
The EQNR/TILE correlation stands at -0.28 on a 3-year window (1 year: -0.53, 5 years: -0.04), computed from weekly returns as of 2026-08-27.
Is TILE a good diversifier for EQNR?
Yes. With a correlation of -0.28, EQNR and TILE have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.28 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/eqnr-vs-tile.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/eqnr-vs-tile/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: EQNR correlations · TILE correlations
