IFS vs PETZ: Correlation
Measured on weekly returns over the past three years, Intercorp Financial Services Inc. (IFS) and TDH Holdings, Inc. (PETZ) carry a correlation of 0.37, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IFS and PETZ?
Over the past 3 years, IFS and PETZ moved with a correlation of 0.37, which is moderate. The past 12 months show a tighter link (0.51) than the 3-year average (0.37). Over 5 years the correlation is -0.03, and the annualized covariance of weekly returns is 662.1 %².
Within IFS's tracked universe of 11 assets, PETZ comes in at #6 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months IFS outperformed by 15.8 percentage points (+43.2% for IFS against +27.4% for PETZ). One caveat on sizing: PETZ is 1.9 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.
IFS vs PETZ: side by side
| IFS (Intercorp Financial Services Inc.) | PETZ (TDH Holdings, Inc.) | |
|---|---|---|
| 1-year return | +43.2% | +27.4% |
| 5-year return | +212.7% | -97.2% |
| Volatility (ann.) | 30.7% | 58.5% |
| Beta vs S&P 500 | 0.52 | 0.40 |
| Max drawdown (3Y) | -26.8% | -51.2% |
| Market cap | $6.0B | – |
| P/E (trailing) | 10.0 | 6.9 |
| Dividend yield | 11.04% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | IFS | PETZ |
|---|---|---|
| 2022 | -5.4% | -98.0% |
| 2023 | -1.5% | -25.8% |
| 2024 | +39.9% | +8.7% |
| 2025 | +49.0% | -27.2% |
| 2026 | +33.6% | +37.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IFS and PETZ good diversifiers for each other?
Reasonably. At 0.37, IFS and PETZ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between IFS and PETZ?
The IFS/PETZ correlation stands at 0.37 on a 3-year window (1 year: 0.51, 5 years: -0.03), computed from weekly returns as of 2026-08-27.
Is PETZ a good diversifier for IFS?
Reasonably. At 0.37, IFS and PETZ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.37 mean?
On the −1 to +1 scale, 0.37 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/ifs-vs-petz.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ifs-vs-petz/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: IFS correlations · PETZ correlations
