INTU vs MI: Correlation
Measured on weekly returns over the past three years, Intuit (INTU) and NFT Limited Class A (MI) carry a correlation of -0.30, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are INTU and MI?
Over the past 3 years, INTU and MI moved with a correlation of -0.30, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.36) sits close to the 3-year figure. Over 5 years the correlation is -0.22, and the annualized covariance of weekly returns is -47531.2 %².
Out of 45 assets tracked against INTU, MI lands near the bottom at #42. The last year tells two different stories: MI led by 36.6 percentage points, -46.9% for INTU against -10.3% for MI. Risk is not evenly split, since MI carries 122.8 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.
INTU vs MI: side by side
| INTU (Intuit) | MI (NFT Limited Class A) | |
|---|---|---|
| 1-year return | -46.9% | -10.3% |
| 5-year return | -36.2% | -99.5% |
| Volatility (ann.) | 36.2% | 4443.9% |
| Beta vs S&P 500 | 0.70 | 8.21 |
| Max drawdown (3Y) | -68.2% | -98.5% |
| Market cap | $95.2B | – |
| P/E (trailing) | 21.0 | – |
| Dividend yield | 1.39% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | INTU | MI |
|---|---|---|
| 2022 | -39.1% | -86.4% |
| 2023 | +61.8% | -66.2% |
| 2024 | +1.2% | -61.9% |
| 2025 | +6.1% | +13.3% |
| 2026 | -47.0% | -28.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are INTU and MI good diversifiers for each other?
By historical standards, yes. A correlation of -0.30 means the two rarely move for the same reasons.
FAQ
What is the correlation between INTU and MI?
Using weekly returns as of 2026-08-27: -0.30 over 3 years, with -0.36 over the last year and -0.22 over 5 years.
Is MI a good diversifier for INTU?
By historical standards, yes. A correlation of -0.30 means the two rarely move for the same reasons.
What does a correlation of -0.30 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/intu-vs-mi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/intu-vs-mi/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: INTU correlations · MI correlations
