GEN vs INHD: Correlation
How closely do Gen Digital (GEN) and Inno Holdings Inc. (INHD) trade together? Their weekly returns over three years give a correlation of -0.16, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GEN and INHD?
Over the past 3 years, GEN and INHD moved with a correlation of -0.16, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.22 over 1 year against -0.16 over 3. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -11527.4 %².
Within GEN's tracked universe of 36 assets, INHD comes in at #28 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months GEN outperformed by 101.0 percentage points (+1.2% for GEN against -99.8% for INHD). One caveat on sizing: INHD is 70.6 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.
GEN vs INHD: side by side
| GEN (Gen Digital) | INHD (Inno Holdings Inc.) | |
|---|---|---|
| 1-year return | +1.2% | -99.8% |
| 5-year return | +26.3% | n/a |
| Volatility (ann.) | 31.7% | 2238.2% |
| Beta vs S&P 500 | 1.02 | -0.52 |
| Max drawdown (3Y) | -43.6% | -100.0% |
| Market cap | $18.3B | – |
| P/E (trailing) | 17.3 | 0.2 |
| Dividend yield | 1.69% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | GEN | INHD |
|---|---|---|
| 2022 | -15.8% | – |
| 2023 | +9.3% | – |
| 2024 | +22.4% | -67.3% |
| 2025 | +1.1% | -99.0% |
| 2026 | +13.9% | -73.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GEN and INHD good diversifiers for each other?
By historical standards, yes. A correlation of -0.16 means the two rarely move for the same reasons.
FAQ
What is the correlation between GEN and INHD?
As of 2026-08-27, the correlation of weekly returns between GEN and INHD is -0.16 over 3 years, -0.22 over 1 year and n/a over 5 years.
Is INHD a good diversifier for GEN?
By historical standards, yes. A correlation of -0.16 means the two rarely move for the same reasons.
What does a correlation of -0.16 mean?
On the −1 to +1 scale, -0.16 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/gen-vs-inhd.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/gen-vs-inhd/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: GEN correlations · INHD correlations
