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MIN vs PPT: Correlation

Measured on weekly returns over the past three years, Aberdeen Intermediate Income Fund (MIN) and Franklin Premier Income Trust Shares of Beneficial Interest (PPT) carry a correlation of 0.57, a moderate link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.57
moderate
Correlation (1Y)
0.55
last 12 months
Correlation (5Y)
0.51
long-run
Ann. covariance
40.3
%² · weekly, annualized

How correlated are MIN and PPT?

Over the past 3 years, MIN and PPT moved with a correlation of 0.57, which is moderate. The relationship has been stable: the 1-year correlation (0.55) sits close to the 3-year figure. Over 5 years the correlation is 0.51, and the annualized covariance of weekly returns is 40.3 %².

Few assets follow MIN as closely as PPT, which ranks #1 of 10 tracked partners. Neither side won the trailing year by much: -0.2% against +2.4%.

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 PPT: side by side

MIN (Aberdeen Intermediate Income Fund)PPT (Franklin Premier Income Trust Shares of Beneficial Interest)
1-year return-0.2%+2.4%
5-year return+4.5%+15.6%
Volatility (ann.)8.2%8.6%
Beta vs S&P 5000.150.24
Max drawdown (3Y)-7.1%-5.9%
Market cap
P/E (trailing)24.511.1
Dividend yield9.43%9.07%
Sector / categoryUS ListedUS Listed
Lower P/E: PPT 11.1 vs 24.5Higher yield: MIN 9.43% vs 9.07%Smaller drawdown: PPT -5.9% vs -7.1%Higher 5y return: PPT +15.6% vs +4.5%
-5%0%+3%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). MIN · PPT

Year-by-year returns

YearMINPPT
2022-15.7%-7.7%
2023+6.3%+7.4%
2024+8.6%+8.8%
2025+7.2%+8.4%
2026-0.2%+3.4%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are MIN and PPT good diversifiers for each other?

To a limited degree. At 0.57 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.

FAQ

What is the correlation between MIN and PPT?

The MIN/PPT correlation stands at 0.57 on a 3-year window (1 year: 0.55, 5 years: 0.51), computed from weekly returns as of 2026-08-27.

Is PPT a good diversifier for MIN?

To a limited degree. At 0.57 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.

What does a correlation of 0.57 mean?

On the −1 to +1 scale, 0.57 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.

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MIN vs PPT: 3-year weekly correlation 0.57MIN vs PPT0.57

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Related comparisons

Hubs: MIN correlations · PPT correlations