FERG vs ITT: Correlation
Measured on weekly returns over the past three years, Ferguson Enterprises (FERG) and ITT Inc. (ITT) carry a correlation of 0.58, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FERG and ITT?
Over the past 3 years, FERG and ITT moved with a correlation of 0.58, which is moderate. The relationship has been stable: the 1-year correlation (0.57) sits close to the 3-year figure. Over 5 years the correlation is 0.61, and the annualized covariance of weekly returns is 478.8 %².
Within FERG's tracked universe of 35 assets, ITT comes in at #8 by 3-year correlation. The last year tells two different stories: ITT led by 19.7 percentage points, +1.1% for FERG against +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.
FERG vs ITT: side by side
| FERG (Ferguson Enterprises) | ITT (ITT Inc.) | |
|---|---|---|
| 1-year return | +1.1% | +20.8% |
| 5-year return | +82.2% | +124.4% |
| Volatility (ann.) | 30.0% | 27.4% |
| Beta vs S&P 500 | 0.99 | 1.33 |
| Max drawdown (3Y) | -32.9% | -29.1% |
| Market cap | $45.1B | – |
| P/E (trailing) | 23.0 | 40.9 |
| Dividend yield | 1.80% | 0.70% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | FERG | ITT |
|---|---|---|
| 2022 | -27.2% | -19.5% |
| 2023 | +55.1% | +48.9% |
| 2024 | -8.6% | +20.9% |
| 2025 | +29.9% | +22.5% |
| 2026 | +6.4% | +20.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FERG and ITT good diversifiers for each other?
Only partially. A correlation of 0.58 means FERG 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 FERG and ITT?
As of 2026-08-27, the correlation of weekly returns between FERG and ITT is 0.58 over 3 years, 0.57 over 1 year and 0.61 over 5 years.
Is ITT a good diversifier for FERG?
Only partially. A correlation of 0.58 means FERG 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 0.58 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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Embed this badge (it refreshes with the data), with attribution:
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Related comparisons
Hubs: FERG correlations · ITT correlations
