GFS vs INTC: Correlation
Measured on weekly returns over the past three years, GlobalFoundries Inc. (GFS) and Intel (INTC) carry a correlation of 0.62, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GFS and INTC?
On 3 years of weekly data the GFS/INTC correlation comes out at 0.62, strong. Recent behaviour matches the longer record: 0.67 over 1 year against 0.62 over 3. The 5-year figure is 0.53, and annualized covariance runs at 1752.5 %².
Among the 17 assets we track against GFS, INTC ranks #6 by 3-year correlation. Correlation aside, the last 12 months split them widely, with INTC ahead by 234.0 points (+36.6% versus +270.6%).
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.
GFS vs INTC: side by side
| GFS (GlobalFoundries Inc.) | INTC (Intel) | |
|---|---|---|
| 1-year return | +36.6% | +270.6% |
| 5-year return | +0.0% | +85.4% |
| Volatility (ann.) | 44.9% | 63.0% |
| Beta vs S&P 500 | 1.69 | 2.01 |
| Max drawdown (3Y) | -51.2% | -63.8% |
| Market cap | $25.4B | $486.8B |
| P/E (trailing) | 35.6 | – |
| Dividend yield | 0.26% | 0.00% |
| Sector / category | US Listed | Information Technology |
Year-by-year returns
| Year | GFS | INTC |
|---|---|---|
| 2022 | -17.1% | -46.6% |
| 2023 | +12.5% | +94.6% |
| 2024 | -29.2% | -59.6% |
| 2025 | -18.6% | +84.0% |
| 2026 | +32.9% | +149.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GFS and INTC good diversifiers for each other?
Only partially. A correlation of 0.62 means GFS and INTC 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 GFS and INTC?
The GFS/INTC correlation stands at 0.62 on a 3-year window (1 year: 0.67, 5 years: 0.53), computed from weekly returns as of 2026-08-27.
Is INTC a good diversifier for GFS?
Only partially. A correlation of 0.62 means GFS and INTC share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.62 mean?
On the −1 to +1 scale, 0.62 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/gfs-vs-intc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gfs-vs-intc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: GFS correlations · INTC correlations
