FE vs INTU: Correlation
How closely do FirstEnergy (FE) and Intuit (INTU) trade together? Their weekly returns over three years give a correlation of -0.32, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FE and INTU?
On 3 years of weekly data the FE/INTU correlation comes out at -0.32, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.49) runs below the 3-year figure (-0.32). The 5-year figure is -0.06, and annualized covariance runs at -203.3 %².
Among the 32 assets we track against FE, INTU sits near the bottom by co-movement, at rank #32. Correlation aside, the last 12 months split them widely, with FE ahead by 56.8 points (+9.9% versus -46.9%). This link changes with the market regime, having swung between -0.51 and 0.21 on a rolling one-year basis. One caveat on sizing: INTU is 2.1 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.
FE vs INTU: side by side
| FE (FirstEnergy) | INTU (Intuit) | |
|---|---|---|
| 1-year return | +9.9% | -46.9% |
| 5-year return | +46.7% | -36.2% |
| Volatility (ann.) | 17.6% | 36.2% |
| Beta vs S&P 500 | 0.04 | 0.70 |
| Max drawdown (3Y) | -14.7% | -68.2% |
| Market cap | $26.8B | $95.2B |
| P/E (trailing) | 25.0 | 21.0 |
| Dividend yield | 3.85% | 1.39% |
| Sector / category | Utilities | Information Technology |
Year-by-year returns
| Year | FE | INTU |
|---|---|---|
| 2022 | +4.8% | -39.1% |
| 2023 | -8.9% | +61.8% |
| 2024 | +13.2% | +1.2% |
| 2025 | +17.3% | +6.1% |
| 2026 | +6.4% | -47.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FE and INTU good diversifiers for each other?
Yes: at -0.32, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between FE and INTU?
Using weekly returns as of 2026-08-27: -0.32 over 3 years, with -0.49 over the last year and -0.06 over 5 years.
Is INTU a good diversifier for FE?
Yes: at -0.32, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.32 mean?
On the −1 to +1 scale, -0.32 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/fe-vs-intu.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/fe-vs-intu/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FE correlations · INTU correlations
