FTLF vs IPI: Correlation
How closely do FitLife Brands, Inc. (FTLF) and Intrepid Potash, Inc (IPI) trade together? Their weekly returns over three years give a correlation of 0.32, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FTLF and IPI?
On 3 years of weekly data the FTLF/IPI correlation comes out at 0.32, moderate. Recent behaviour matches the longer record: 0.35 over 1 year against 0.32 over 3. The 5-year figure is 0.15, and annualized covariance runs at 731.4 %².
Within FTLF's tracked universe of 13 assets, IPI comes in at #4 by 3-year correlation. The last year tells two different stories: IPI led by 69.4 percentage points, -46.1% for FTLF against +23.3% for IPI.
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.
FTLF vs IPI: side by side
| FTLF (FitLife Brands, Inc.) | IPI (Intrepid Potash, Inc) | |
|---|---|---|
| 1-year return | -46.1% | +23.3% |
| 5-year return | +67.4% | +20.2% |
| Volatility (ann.) | 47.7% | 48.0% |
| Beta vs S&P 500 | 0.47 | 0.56 |
| Max drawdown (3Y) | -57.2% | -38.5% |
| Market cap | $0.1B | $0.5B |
| P/E (trailing) | 16.3 | 31.7 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FTLF | IPI |
|---|---|---|
| 2022 | -0.3% | -32.4% |
| 2023 | +19.7% | -17.2% |
| 2024 | +70.7% | -8.2% |
| 2025 | -0.2% | +26.5% |
| 2026 | -37.9% | +35.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FTLF and IPI good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.32 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between FTLF and IPI?
The FTLF/IPI correlation stands at 0.32 on a 3-year window (1 year: 0.35, 5 years: 0.15), computed from weekly returns as of 2026-08-27.
Is IPI a good diversifier for FTLF?
Yes, to a useful degree: a correlation of 0.32 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.32 mean?
A reading of 0.32 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/ftlf-vs-ipi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ftlf-vs-ipi/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: FTLF correlations · IPI correlations
