ITT vs JCI: Correlation
Measured on weekly returns over the past three years, ITT Inc. (ITT) and Johnson Controls (JCI) carry a correlation of 0.59, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ITT and JCI?
Over the past 3 years, ITT and JCI moved with a correlation of 0.59, which is moderate. The relationship has been stable: the 1-year correlation (0.56) sits close to the 3-year figure. Over 5 years the correlation is 0.62, and the annualized covariance of weekly returns is 456.3 %².
Within ITT's tracked universe of 38 assets, JCI comes in at #28 by 3-year correlation. On 12-month performance JCI holds a 10.1-point edge, +20.8% against +30.9%.
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.
ITT vs JCI: side by side
| ITT (ITT Inc.) | JCI (Johnson Controls) | |
|---|---|---|
| 1-year return | +20.8% | +30.9% |
| 5-year return | +124.4% | +108.2% |
| Volatility (ann.) | 27.4% | 28.1% |
| Beta vs S&P 500 | 1.33 | 0.98 |
| Max drawdown (3Y) | -29.1% | -21.1% |
| Market cap | – | $86.1B |
| P/E (trailing) | 40.9 | 40.1 |
| Dividend yield | 0.70% | 1.11% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | ITT | JCI |
|---|---|---|
| 2022 | -19.5% | -19.3% |
| 2023 | +48.9% | -7.6% |
| 2024 | +20.9% | +39.8% |
| 2025 | +22.5% | +53.0% |
| 2026 | +20.3% | +19.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ITT and JCI good diversifiers for each other?
Somewhat, no more. With 0.59 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between ITT and JCI?
Using weekly returns as of 2026-08-27: 0.59 over 3 years, with 0.56 over the last year and 0.62 over 5 years.
Is JCI a good diversifier for ITT?
Somewhat, no more. With 0.59 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.59 mean?
On the −1 to +1 scale, 0.59 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/itt-vs-jci.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/itt-vs-jci/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ITT correlations · JCI correlations
