ITRG vs LNG: Correlation
Integra Resources Corp. (ITRG) and Cheniere Energy, Inc. (LNG) show a negative relationship: their 3-year correlation of weekly returns is -0.21.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ITRG and LNG?
Over the past 3 years, ITRG and LNG moved with a correlation of -0.21, which is negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.47) than the 3-year average (-0.21). Over 5 years the correlation is -0.05, and the annualized covariance of weekly returns is -372.9 %².
Among the 13 assets we track against ITRG, LNG sits near the bottom by co-movement, at rank #11. The last year tells two different stories: ITRG led by 21.9 percentage points, +39.3% for ITRG against +17.4% for LNG. One caveat on sizing: ITRG is 2.2 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.
ITRG vs LNG: side by side
| ITRG (Integra Resources Corp.) | LNG (Cheniere Energy, Inc.) | |
|---|---|---|
| 1-year return | +39.3% | +17.4% |
| 5-year return | +6.9% | +231.8% |
| Volatility (ann.) | 63.1% | 28.3% |
| Beta vs S&P 500 | 1.11 | 0.13 |
| Max drawdown (3Y) | -55.8% | -24.9% |
| Market cap | $0.6B | $58.0B |
| P/E (trailing) | 73.5 | 21.5 |
| Dividend yield | 0.00% | 0.78% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ITRG | LNG |
|---|---|---|
| 2022 | -70.6% | +49.3% |
| 2023 | +67.5% | +15.0% |
| 2024 | -17.9% | +27.2% |
| 2025 | +360.9% | -8.7% |
| 2026 | -26.7% | +45.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ITRG and LNG good diversifiers for each other?
Yes. With a correlation of -0.21, ITRG and LNG have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ITRG and LNG?
The ITRG/LNG correlation stands at -0.21 on a 3-year window (1 year: -0.47, 5 years: -0.05), computed from weekly returns as of 2026-08-27.
Is LNG a good diversifier for ITRG?
Yes. With a correlation of -0.21, ITRG and LNG have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.21 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/itrg-vs-lng.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/itrg-vs-lng/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ITRG correlations · LNG correlations
