INTU vs PPL: Correlation
Measured on weekly returns over the past three years, Intuit (INTU) and PPL Corporation (PPL) carry a correlation of -0.24, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are INTU and PPL?
Across a 3-year window, the weekly returns of INTU and PPL correlate at -0.24, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.46 versus -0.24 over 3 years. Stretching to 5 years gives 0.03, with an annualized covariance of -148.9 %².
By 3-year correlation, PPL places #30 of the 45 assets tracked against INTU. The last year tells two different stories: PPL led by 43.9 percentage points, -46.9% for INTU against -3.0% for PPL. This link changes with the market regime, having swung between -0.47 and 0.26 on a rolling one-year basis. One caveat on sizing: INTU is 2.1 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.
INTU vs PPL: side by side
| INTU (Intuit) | PPL (PPL Corporation) | |
|---|---|---|
| 1-year return | -46.9% | -3.0% |
| 5-year return | -36.2% | +41.1% |
| Volatility (ann.) | 36.2% | 17.4% |
| Beta vs S&P 500 | 0.70 | 0.13 |
| Max drawdown (3Y) | -68.2% | -13.3% |
| Market cap | $95.2B | $25.9B |
| P/E (trailing) | 21.0 | 20.7 |
| Dividend yield | 1.39% | 3.18% |
| Sector / category | Information Technology | Utilities |
Year-by-year returns
| Year | INTU | PPL |
|---|---|---|
| 2022 | -39.1% | +0.4% |
| 2023 | +61.8% | -3.8% |
| 2024 | +1.2% | +24.0% |
| 2025 | +6.1% | +11.4% |
| 2026 | -47.0% | -0.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are INTU and PPL 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 PPL?
Using weekly returns as of 2026-08-27: -0.24 over 3 years, with -0.46 over the last year and 0.03 over 5 years.
Is PPL 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-ppl.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/intu-vs-ppl/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: INTU correlations · PPL correlations
