NSIT vs RSP: Correlation
Insight Enterprises, Inc. (NSIT) and Invesco S&P 500 Equal Weight ETF (RSP) show a moderate relationship: their 3-year correlation of weekly returns is 0.53.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NSIT and RSP?
On 3 years of weekly data the NSIT/RSP correlation comes out at 0.53, moderate. Recent behaviour matches the longer record: 0.48 over 1 year against 0.53 over 3. The 5-year figure is 0.48, and annualized covariance runs at 267.4 %².
Few assets follow NSIT as closely as RSP, which ranks #3 of 14 tracked partners. Twelve-month performance is nearly a tie, at +21.4% for NSIT and +19.2% for RSP. One caveat on sizing: NSIT is 2.9 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.
NSIT vs RSP: side by side
| NSIT (Insight Enterprises, Inc.) | RSP (Invesco S&P 500 Equal Weight ETF) | |
|---|---|---|
| 1-year return | +21.4% | +19.2% |
| 5-year return | +51.9% | +53.9% |
| Volatility (ann.) | 38.2% | 13.2% |
| Beta vs S&P 500 | 1.35 | 0.77 |
| Max drawdown (3Y) | -71.4% | -17.8% |
| Market cap | $4.6B | – |
| P/E (trailing) | 22.5 | – |
| Dividend yield | 0.00% | 1.49% |
| Expense ratio | – | 0.20% |
| Assets under management | – | $97.3B |
| Sector / category | US Listed | ETF · US Large Cap |
On the fund side, RSP sits in the Large Blend category at Invesco, with $97.3B under management, 505 holdings, a 0.20% expense ratio, a 1.49% trailing dividend yield.
Year-by-year returns
| Year | NSIT | RSP |
|---|---|---|
| 2022 | -5.9% | -11.6% |
| 2023 | +76.7% | +13.7% |
| 2024 | -14.2% | +12.8% |
| 2025 | -46.4% | +11.2% |
| 2026 | +91.8% | +16.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NSIT and RSP good diversifiers for each other?
Somewhat, no more. With 0.53 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between NSIT and RSP?
The NSIT/RSP correlation stands at 0.53 on a 3-year window (1 year: 0.48, 5 years: 0.48), computed from weekly returns as of 2026-08-27.
Is RSP a good diversifier for NSIT?
Somewhat, no more. With 0.53 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.53 mean?
A reading of 0.53 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/nsit-vs-rsp.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/nsit-vs-rsp/)
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Related comparisons
Hubs: NSIT correlations · RSP correlations
