INLX vs TFC: Correlation
Measured on weekly returns over the past three years, Intellinetics, Inc. (INLX) and Truist Financial (TFC) carry a correlation of -0.19, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are INLX and TFC?
Over the past 3 years, INLX and TFC moved with a correlation of -0.19, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.28) sits close to the 3-year figure. Over 5 years the correlation is -0.07, and the annualized covariance of weekly returns is -323.0 %².
Among the 24 assets we track against INLX, TFC ranks #13 by 3-year correlation. The last year tells two different stories: TFC led by 58.5 percentage points, -46.4% for INLX against +12.1% for TFC. Risk is not evenly split, since INLX carries 2.1 times the volatility of the other side.
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.
INLX vs TFC: side by side
| INLX (Intellinetics, Inc.) | TFC (Truist Financial) | |
|---|---|---|
| 1-year return | -46.4% | +12.1% |
| 5-year return | +7.4% | +12.7% |
| Volatility (ann.) | 60.0% | 28.0% |
| Beta vs S&P 500 | -0.07 | 1.07 |
| Max drawdown (3Y) | -65.9% | -26.9% |
| Market cap | – | $61.4B |
| P/E (trailing) | – | 11.6 |
| Dividend yield | 0.00% | 4.10% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | INLX | TFC |
|---|---|---|
| 2022 | -43.5% | -23.5% |
| 2023 | +18.5% | -8.6% |
| 2024 | +171.7% | +23.7% |
| 2025 | -42.0% | +19.0% |
| 2026 | -34.2% | +5.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are INLX and TFC good diversifiers for each other?
Yes. With a correlation of -0.19, INLX and TFC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between INLX and TFC?
The INLX/TFC correlation stands at -0.19 on a 3-year window (1 year: -0.28, 5 years: -0.07), computed from weekly returns as of 2026-08-27.
Is TFC a good diversifier for INLX?
Yes. With a correlation of -0.19, INLX and TFC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.19 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/inlx-vs-tfc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/inlx-vs-tfc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: INLX correlations · TFC correlations
