III vs NAVI: Correlation
Measured on weekly returns over the past three years, Information Services Group, Inc. (III) and Navient Corporation (NAVI) carry a correlation of 0.53, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are III and NAVI?
Over the past 3 years, III and NAVI moved with a correlation of 0.53, which is moderate. The relationship has been stable: the 1-year correlation (0.49) sits close to the 3-year figure. Over 5 years the correlation is 0.42, and the annualized covariance of weekly returns is 645.3 %².
Few assets follow III as closely as NAVI, which ranks #2 of 16 tracked partners. The last year tells two different stories: III led by 32.5 percentage points, +5.6% for III against -26.9% for NAVI.
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.
III vs NAVI: side by side
| III (Information Services Group, Inc.) | NAVI (Navient Corporation) | |
|---|---|---|
| 1-year return | +5.6% | -26.9% |
| 5-year return | -14.6% | -49.1% |
| Volatility (ann.) | 38.4% | 32.0% |
| Beta vs S&P 500 | 0.99 | 0.99 |
| Max drawdown (3Y) | -41.5% | -57.6% |
| Market cap | $0.2B | $0.9B |
| P/E (trailing) | 21.0 | – |
| Dividend yield | 3.63% | 6.83% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | III | NAVI |
|---|---|---|
| 2022 | -38.1% | -19.3% |
| 2023 | +6.2% | +17.6% |
| 2024 | -25.3% | -25.6% |
| 2025 | +79.8% | +2.6% |
| 2026 | -10.8% | -25.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are III and NAVI good diversifiers for each other?
Somewhat, no more. With 0.53 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between III and NAVI?
The III/NAVI correlation stands at 0.53 on a 3-year window (1 year: 0.49, 5 years: 0.42), computed from weekly returns as of 2026-08-27.
Is NAVI a good diversifier for III?
Somewhat, no more. With 0.53 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.53 mean?
A reading of 0.53 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/iii-vs-navi.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/iii-vs-navi/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: III correlations · NAVI correlations
