ESI vs INTC: Correlation
How closely do Element Solutions Inc. (ESI) and Intel (INTC) trade together? Their weekly returns over three years give a correlation of 0.53, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ESI and INTC?
On 3 years of weekly data the ESI/INTC correlation comes out at 0.53, moderate. Recent behaviour matches the longer record: 0.48 over 1 year against 0.53 over 3. The 5-year figure is 0.52, and annualized covariance runs at 1097.8 %².
By 3-year correlation, INTC places #11 of the 18 assets tracked against ESI. The last year tells two different stories: INTC led by 227.3 percentage points, +43.3% for ESI against +270.6% for INTC. Risk is not evenly split, since INTC carries 1.9 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.
ESI vs INTC: side by side
| ESI (Element Solutions Inc.) | INTC (Intel) | |
|---|---|---|
| 1-year return | +43.3% | +270.6% |
| 5-year return | +67.5% | +85.4% |
| Volatility (ann.) | 32.8% | 63.0% |
| Beta vs S&P 500 | 1.26 | 2.01 |
| Max drawdown (3Y) | -40.0% | -63.8% |
| Market cap | $8.9B | $486.8B |
| P/E (trailing) | 49.4 | – |
| Dividend yield | 0.89% | 0.00% |
| Sector / category | US Listed | Information Technology |
Year-by-year returns
| Year | ESI | INTC |
|---|---|---|
| 2022 | -23.9% | -46.6% |
| 2023 | +29.3% | +94.6% |
| 2024 | +11.3% | -59.6% |
| 2025 | -0.4% | +84.0% |
| 2026 | +46.7% | +149.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ESI and INTC good diversifiers for each other?
Somewhat, no more. With 0.53 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between ESI and INTC?
Using weekly returns as of 2026-08-27: 0.53 over 3 years, with 0.48 over the last year and 0.52 over 5 years.
Is INTC a good diversifier for ESI?
Somewhat, no more. With 0.53 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.53 mean?
A reading of 0.53 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/esi-vs-intc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/esi-vs-intc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ESI correlations · INTC correlations
