INGR vs TASK: Correlation
How closely do Ingredion Incorporated (INGR) and TaskUs, Inc. (TASK) trade together? Their weekly returns over three years give a correlation of 0.53, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are INGR and TASK?
Across a 3-year window, the weekly returns of INGR and TASK correlate at 0.53, moderate. The link has loosened recently: the 1-year correlation (0.37) runs below the 3-year figure (0.53). Stretching to 5 years gives 0.36, with an annualized covariance of 571.4 %².
In INGR's tracked universe of 12 assets, TASK sits right near the top at #1. Over the last 12 months INGR came out ahead by 10.1 percentage points (-17.5% against -27.6%). One caveat on sizing: TASK is 3.1 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.
INGR vs TASK: side by side
| INGR (Ingredion Incorporated) | TASK (TaskUs, Inc.) | |
|---|---|---|
| 1-year return | -17.5% | -27.6% |
| 5-year return | +35.7% | -78.6% |
| Volatility (ann.) | 18.5% | 58.0% |
| Beta vs S&P 500 | 0.34 | 1.30 |
| Max drawdown (3Y) | -36.4% | -63.0% |
| Market cap | $6.5B | $0.8B |
| P/E (trailing) | 11.4 | 6.7 |
| Dividend yield | 3.13% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | INGR | TASK |
|---|---|---|
| 2022 | +4.5% | -68.7% |
| 2023 | +14.1% | -22.7% |
| 2024 | +29.2% | +29.6% |
| 2025 | -17.9% | -30.4% |
| 2026 | -3.9% | +6.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are INGR and TASK 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 INGR and TASK?
Using weekly returns as of 2026-08-27: 0.53 over 3 years, with 0.37 over the last year and 0.36 over 5 years.
Is TASK a good diversifier for INGR?
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?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ingr-vs-task.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ingr-vs-task/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: INGR correlations · TASK correlations
