ITT vs SYM: Correlation
Measured on weekly returns over the past three years, ITT Inc. (ITT) and Symbotic Inc. (SYM) carry a correlation of 0.46, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ITT and SYM?
On 3 years of weekly data the ITT/SYM correlation comes out at 0.46, moderate. The past 12 months show a weaker link (0.31) than the 3-year average (0.46). The 5-year figure is 0.23, and annualized covariance runs at 1091.4 %².
Out of 38 assets tracked against ITT, SYM lands near the bottom at #34. Their recent paths diverged sharply: over the last 12 months ITT outperformed by 34.6 percentage points (+20.8% for ITT against -13.8% for SYM). One caveat on sizing: SYM is 3.2 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.
ITT vs SYM: side by side
| ITT (ITT Inc.) | SYM (Symbotic Inc.) | |
|---|---|---|
| 1-year return | +20.8% | -13.8% |
| 5-year return | +124.4% | +324.6% |
| Volatility (ann.) | 27.4% | 86.6% |
| Beta vs S&P 500 | 1.33 | 2.49 |
| Max drawdown (3Y) | -29.1% | -69.9% |
| Market cap | – | $24.9B |
| P/E (trailing) | 40.9 | 1028.5 |
| Dividend yield | 0.70% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ITT | SYM |
|---|---|---|
| 2022 | -19.5% | +19.4% |
| 2023 | +48.9% | +329.9% |
| 2024 | +20.9% | -53.8% |
| 2025 | +22.5% | +150.9% |
| 2026 | +20.3% | -30.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ITT and SYM good diversifiers for each other?
A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ITT and SYM?
Using weekly returns as of 2026-08-27: 0.46 over 3 years, with 0.31 over the last year and 0.23 over 5 years.
Is SYM a good diversifier for ITT?
A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.46 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/itt-vs-sym.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/itt-vs-sym/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ITT correlations · SYM correlations
