ACA vs VTRS: Correlation
Measured on weekly returns over the past three years, Arcosa, Inc. (ACA) and Viatris (VTRS) carry a correlation of 0.48, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACA and VTRS?
Across a 3-year window, the weekly returns of ACA and VTRS correlate at 0.48, moderate. Recent behaviour matches the longer record: 0.48 over 1 year against 0.48 over 3. Stretching to 5 years gives 0.28, with an annualized covariance of 502.6 %².
Among the 23 assets we track against ACA, VTRS ranks #14 by 3-year correlation. Correlation aside, the last 12 months split them widely, with VTRS ahead by 20.8 points (+47.0% versus +67.8%).
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.
ACA vs VTRS: side by side
| ACA (Arcosa, Inc.) | VTRS (Viatris) | |
|---|---|---|
| 1-year return | +47.0% | +67.8% |
| 5-year return | +186.5% | +44.6% |
| Volatility (ann.) | 31.9% | 32.8% |
| Beta vs S&P 500 | 1.23 | 0.79 |
| Max drawdown (3Y) | -36.6% | -45.0% |
| Market cap | $7.1B | $19.4B |
| P/E (trailing) | 32.5 | – |
| Dividend yield | 0.14% | 2.85% |
| Sector / category | US Listed | Health Care |
Year-by-year returns
| Year | ACA | VTRS |
|---|---|---|
| 2022 | +3.5% | -14.3% |
| 2023 | +52.5% | +2.1% |
| 2024 | +17.3% | +19.7% |
| 2025 | +10.2% | +5.1% |
| 2026 | +37.0% | +38.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACA and VTRS good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.48 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ACA and VTRS?
As of 2026-08-27, the correlation of weekly returns between ACA and VTRS is 0.48 over 3 years, 0.48 over 1 year and 0.28 over 5 years.
Is VTRS a good diversifier for ACA?
Yes, to a useful degree: a correlation of 0.48 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.48 mean?
A reading of 0.48 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/aca-vs-vtrs.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/aca-vs-vtrs/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ACA correlations · VTRS correlations
