MIN vs NPCT: Correlation
How closely do Aberdeen Intermediate Income Fund (MIN) and Nuveen Core Plus Impact Fund (NPCT) trade together? Their weekly returns over three years give a correlation of 0.52, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MIN and NPCT?
Across a 3-year window, the weekly returns of MIN and NPCT correlate at 0.52, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.42 versus 0.52 over 3 years. Stretching to 5 years gives 0.47, with an annualized covariance of 50.3 %².
Among the 10 assets we track against MIN, NPCT ranks #5 by 3-year correlation. Neither side won the trailing year by much: -0.2% against -0.3%.
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.
MIN vs NPCT: side by side
| MIN (Aberdeen Intermediate Income Fund) | NPCT (Nuveen Core Plus Impact Fund) | |
|---|---|---|
| 1-year return | -0.2% | -0.3% |
| 5-year return | +4.5% | -14.4% |
| Volatility (ann.) | 8.2% | 11.7% |
| Beta vs S&P 500 | 0.15 | 0.38 |
| Max drawdown (3Y) | -7.1% | -10.8% |
| Market cap | – | $0.3B |
| P/E (trailing) | 24.5 | 10.7 |
| Dividend yield | 9.43% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MIN | NPCT |
|---|---|---|
| 2022 | -15.7% | -37.5% |
| 2023 | +6.3% | +7.8% |
| 2024 | +8.6% | +17.3% |
| 2025 | +7.2% | +9.9% |
| 2026 | -0.2% | +2.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MIN and NPCT good diversifiers for each other?
Somewhat, no more. With 0.52 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between MIN and NPCT?
Using weekly returns as of 2026-08-27: 0.52 over 3 years, with 0.42 over the last year and 0.47 over 5 years.
Is NPCT a good diversifier for MIN?
Somewhat, no more. With 0.52 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.52 mean?
On the −1 to +1 scale, 0.52 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/min-vs-npct.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/min-vs-npct/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: MIN correlations · NPCT correlations
