IR correlations (Ingersoll Rand)
Which assets move with IR and which ones diversify it, computed from weekly returns across 4756 stocks and ETFs.
Data as of 2026-08-27 · refreshed every trading day · Industrials · Industrial Machinery & Supplies & Components
Volatility (ann.)
29.8%
3y weekly
Beta vs S&P 500
1.17
3y weekly
1-year return
-2.0%
price, adjusted
5-year return
+49.2%
price, adjusted
Market cap
$30.6B
latest
P/E ratio
32.6
trailing
Dividend yield
0.15%
trailing
Max drawdown
-36.6%
3y, daily closes
IR over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with IR
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| PH | Parker Hannifin | 0.76 | |
| XLI | Industrial Select Sector SPDR Fund | 0.75 | |
| MDY | SPDR S&P MidCap 400 ETF | 0.73 | |
| DOV | Dover Corporation | 0.72 | |
| CSL | Carlisle Companies Incorporated | 0.72 | |
| ITT | ITT Inc. | 0.71 | |
| ITW | Illinois Tool Works | 0.71 | |
| RSP | Invesco S&P 500 Equal Weight ETF | 0.70 | |
| FELE | Franklin Electric Co., Inc. | 0.69 | |
| VTV | Vanguard Value ETF | 0.69 | |
| GGG | Graco Inc. | 0.69 | |
| DGRO | iShares Core Dividend Growth ETF | 0.68 | |
| UFPI | UFP Industries, Inc. | 0.68 | |
| VYM | Vanguard High Dividend Yield ETF | 0.67 | |
| BCC | Boise Cascade, L.L.C. | 0.67 |
Best diversifiers for IR
These are the assets whose returns had the least to do with IR's, historically the most independent picks in our universe.
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| VXZ | iPath Series B S&P 500 VIX Mid-Term Futures ETN | -0.56 | |
| VXX | iPath Series B S&P 500 VIX Short-Term Futures ETN | -0.55 | |
| FNGD | MicroSectors FANG Index -3X Inverse Leveraged ETNs due | -0.35 | |
| BNC | CEA Industries Inc. | -0.24 | |
| CELC | Celcuity Inc. | -0.18 | |
| REPL | Replimune Group, Inc. | -0.18 | |
| SPRB | Spruce Biosciences, Inc. | -0.18 | |
| USO | United States Oil Fund | -0.18 | |
| NVNI | Nvni Group Limited | -0.16 | |
| ANNA | AleAnna, Inc. | -0.15 |
IR vs benchmarks
IR vs its peers
Get IR data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/ir.jsonCorrelations, diversifiers, beta and volatility for IR, plus one endpoint per pair. API documentation.
