ACEL vs VTEX: Correlation
Accel Entertainment, Inc. (ACEL) and VTEX Class A (VTEX) show a moderate relationship: their 3-year correlation of weekly returns is 0.42.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACEL and VTEX?
Over the past 3 years, ACEL and VTEX moved with a correlation of 0.42, which is moderate. The past 12 months show a weaker link (0.13) than the 3-year average (0.42). Over 5 years the correlation is 0.32, and the annualized covariance of weekly returns is 525.4 %².
Among the 16 assets we track against ACEL, VTEX ranks #7 by 3-year correlation. The trailing year gives ACEL the advantage: +1.3% versus -12.4%, a 13.7-point spread. Note the risk asymmetry: VTEX runs 1.6 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
ACEL vs VTEX: side by side
| ACEL (Accel Entertainment, Inc.) | VTEX (VTEX Class A) | |
|---|---|---|
| 1-year return | +1.3% | -12.4% |
| 5-year return | +1.6% | -86.1% |
| Volatility (ann.) | 28.0% | 44.3% |
| Beta vs S&P 500 | 0.73 | 0.67 |
| Max drawdown (3Y) | -26.0% | -69.5% |
| Market cap | $0.9B | $0.6B |
| P/E (trailing) | 17.7 | 22.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACEL | VTEX |
|---|---|---|
| 2022 | -40.9% | -65.0% |
| 2023 | +33.4% | +83.5% |
| 2024 | +4.0% | -14.4% |
| 2025 | +6.8% | -36.2% |
| 2026 | +2.5% | -6.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACEL and VTEX good diversifiers for each other?
A fair diversifier. At 0.42, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ACEL and VTEX?
The ACEL/VTEX correlation stands at 0.42 on a 3-year window (1 year: 0.13, 5 years: 0.32), computed from weekly returns as of 2026-08-27.
Is VTEX a good diversifier for ACEL?
A fair diversifier. At 0.42, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.42 mean?
A reading of 0.42 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/acel-vs-vtex.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/acel-vs-vtex/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ACEL correlations · VTEX correlations
