AEO vs VSXY: Correlation
How closely do American Eagle Outfitters, Inc. (AEO) and Victorias Secret & Co. (VSXY) trade together? Their weekly returns over three years give a correlation of 0.52, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AEO and VSXY?
Across a 3-year window, the weekly returns of AEO and VSXY correlate at 0.52, moderate. Recent behaviour matches the longer record: 0.59 over 1 year against 0.52 over 3. Stretching to 5 years gives 0.53, with an annualized covariance of 2075.8 %².
Within AEO's tracked universe of 14 assets, VSXY comes in at #4 by 3-year correlation. Correlation aside, the last 12 months split them widely, with VSXY ahead by 264.1 points (+29.7% versus +293.8%).
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.
AEO vs VSXY: side by side
| AEO (American Eagle Outfitters, Inc.) | VSXY (Victorias Secret & Co.) | |
|---|---|---|
| 1-year return | +29.7% | +293.8% |
| 5-year return | -39.1% | +34.1% |
| Volatility (ann.) | 54.2% | 74.0% |
| Beta vs S&P 500 | 1.21 | 1.73 |
| Max drawdown (3Y) | -63.1% | -69.5% |
| Market cap | – | $7.1B |
| P/E (trailing) | 10.5 | 35.7 |
| Dividend yield | 2.84% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AEO | VSXY |
|---|---|---|
| 2022 | -43.4% | -35.6% |
| 2023 | +54.9% | -25.8% |
| 2024 | -19.3% | +56.1% |
| 2025 | +64.7% | +30.8% |
| 2026 | -35.5% | +65.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AEO and VSXY good diversifiers for each other?
Only partially. A correlation of 0.52 means AEO and VSXY share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between AEO and VSXY?
The AEO/VSXY correlation stands at 0.52 on a 3-year window (1 year: 0.59, 5 years: 0.53), computed from weekly returns as of 2026-08-27.
Is VSXY a good diversifier for AEO?
Only partially. A correlation of 0.52 means AEO and VSXY share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.52 mean?
A reading of 0.52 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/aeo-vs-vsxy.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/aeo-vs-vsxy/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AEO correlations · VSXY correlations
