INTG vs NSC: Correlation
How closely do The Intergroup Corporation (INTG) and Norfolk Southern (NSC) trade together? Their weekly returns over three years give a correlation of -0.17, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are INTG and NSC?
Over the past 3 years, INTG and NSC moved with a correlation of -0.17, which is negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.36) runs below the 3-year figure (-0.17). Over 5 years the correlation is -0.12, and the annualized covariance of weekly returns is -228.7 %².
Out of 12 assets tracked against INTG, NSC lands near the bottom at #8. The last year tells two different stories: INTG led by 109.4 percentage points, +139.4% for INTG against +30.0% for NSC. One caveat on sizing: INTG is 2.8 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.
INTG vs NSC: side by side
| INTG (The Intergroup Corporation) | NSC (Norfolk Southern) | |
|---|---|---|
| 1-year return | +139.4% | +30.0% |
| 5-year return | -26.6% | +49.6% |
| Volatility (ann.) | 61.2% | 22.0% |
| Beta vs S&P 500 | 0.19 | 0.69 |
| Max drawdown (3Y) | -71.1% | -25.1% |
| Market cap | $0.1B | $78.1B |
| P/E (trailing) | – | 30.1 |
| Dividend yield | 0.00% | 1.53% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | INTG | NSC |
|---|---|---|
| 2022 | -7.6% | -15.6% |
| 2023 | -58.3% | -1.6% |
| 2024 | -27.4% | +1.6% |
| 2025 | +98.9% | +25.6% |
| 2026 | +23.1% | +22.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are INTG and NSC good diversifiers for each other?
Yes: at -0.17, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between INTG and NSC?
Using weekly returns as of 2026-08-27: -0.17 over 3 years, with -0.36 over the last year and -0.12 over 5 years.
Is NSC a good diversifier for INTG?
Yes: at -0.17, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.17 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.
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Related comparisons
Hubs: INTG correlations · NSC correlations
