INTU vs PEG: Correlation
How closely do Intuit (INTU) and Public Service Enterprise Group (PEG) trade together? Their weekly returns over three years give a correlation of -0.24, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are INTU and PEG?
Across a 3-year window, the weekly returns of INTU and PEG correlate at -0.24, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.53) than the 3-year average (-0.24). Stretching to 5 years gives 0.03, with an annualized covariance of -164.7 %².
Among the 45 assets we track against INTU, PEG ranks #29 by 3-year correlation. The last year tells two different stories: PEG led by 38.3 percentage points, -46.9% for INTU against -8.6% for PEG. This link changes with the market regime, having swung between -0.49 and 0.32 on a rolling one-year basis. Risk is not evenly split, since INTU carries 1.9 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 PEG: side by side
| INTU (Intuit) | PEG (Public Service Enterprise Group) | |
|---|---|---|
| 1-year return | -46.9% | -8.6% |
| 5-year return | -36.2% | +34.9% |
| Volatility (ann.) | 36.2% | 18.9% |
| Beta vs S&P 500 | 0.70 | 0.25 |
| Max drawdown (3Y) | -68.2% | -18.8% |
| Market cap | $95.2B | $36.5B |
| P/E (trailing) | 21.0 | 18.4 |
| Dividend yield | 1.39% | 3.51% |
| Sector / category | Information Technology | Utilities |
Year-by-year returns
| Year | INTU | PEG |
|---|---|---|
| 2022 | -39.1% | -5.1% |
| 2023 | +61.8% | +3.6% |
| 2024 | +1.2% | +42.6% |
| 2025 | +6.1% | -1.9% |
| 2026 | -47.0% | -7.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are INTU and PEG good diversifiers for each other?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between INTU and PEG?
Using weekly returns as of 2026-08-27: -0.24 over 3 years, with -0.53 over the last year and 0.03 over 5 years.
Is PEG a good diversifier for INTU?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.24 mean?
On the −1 to +1 scale, -0.24 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/intu-vs-peg.json
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Related comparisons
Hubs: INTU correlations · PEG correlations
