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AIT correlations (Applied Industrial Technologies, Inc.)

Which assets move with AIT and which ones diversify it, computed from weekly returns across 4756 stocks and ETFs.

Data as of 2026-08-27 · refreshed every trading day · US Listed

Volatility (ann.)
26.0%
3y weekly
Beta vs S&P 500
1.03
3y weekly
1-year return
+26.9%
price, adjusted
5-year return
+291.4%
price, adjusted
Market cap
$12.4B
latest
P/E ratio
31.2
trailing
Dividend yield
0.57%
trailing
Max drawdown
-26.4%
3y, daily closes
-7%0%+37%2025-09-052026-08-27
AIT over the last 12 months, weekly closes indexed to 100 at the start.

Stocks and ETFs most correlated with AIT

AssetCorrelation (3Y)
MDYSPDR S&P MidCap 400 ETF0.72
XLIIndustrial Select Sector SPDR Fund0.72
ITTITT Inc.0.69
LECOLincoln Electric Holdings, Inc.0.67
IWMiShares Russell 2000 ETF0.67

Best diversifiers for AIT

These are the assets whose returns had the least to do with AIT's, historically the most independent picks in our universe.

AssetCorrelation (3Y)
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN-0.54
VXXiPath Series B S&P 500 VIX Short-Term Futures ETN-0.52
FNGDMicroSectors FANG Index -3X Inverse Leveraged ETNs due-0.39

AIT vs benchmarks

AIT vs SPY 0.57 AIT vs QQQ 0.48

Get AIT data as JSON

Free API · no key required
$ curl https://www.pairbook.io/api/v1/symbols/ait.json

Correlations, diversifiers, beta and volatility for AIT, plus one endpoint per pair. API documentation.

AIT inside major ETFs

ETFAIT weight
MDYSPDR S&P MidCap 400 ETF0.35%
VIGVanguard Dividend Appreciation ETF0.06%