AIN vs VTRS: Correlation
Albany International Corporation (AIN) and Viatris (VTRS) show a moderate relationship: their 3-year correlation of weekly returns is 0.51.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AIN and VTRS?
On 3 years of weekly data the AIN/VTRS correlation comes out at 0.51, moderate. Recent behaviour matches the longer record: 0.49 over 1 year against 0.51 over 3. The 5-year figure is 0.44, and annualized covariance runs at 607.4 %².
Among the 20 assets we track against AIN, VTRS ranks #11 by 3-year correlation. Correlation aside, the last 12 months split them widely, with VTRS ahead by 73.4 points (-5.6% 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.
AIN vs VTRS: side by side
| AIN (Albany International Corporation) | VTRS (Viatris) | |
|---|---|---|
| 1-year return | -5.6% | +67.8% |
| 5-year return | -19.2% | +44.6% |
| Volatility (ann.) | 36.2% | 32.8% |
| Beta vs S&P 500 | 1.13 | 0.79 |
| Max drawdown (3Y) | -57.1% | -45.0% |
| Market cap | $1.7B | $19.4B |
| P/E (trailing) | – | – |
| Dividend yield | 1.88% | 2.85% |
| Sector / category | US Listed | Health Care |
Year-by-year returns
| Year | AIN | VTRS |
|---|---|---|
| 2022 | +12.6% | -14.3% |
| 2023 | +0.7% | +2.1% |
| 2024 | -17.6% | +19.7% |
| 2025 | -35.5% | +5.1% |
| 2026 | +17.9% | +38.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIN and VTRS good diversifiers for each other?
Somewhat, no more. With 0.51 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between AIN and VTRS?
The AIN/VTRS correlation stands at 0.51 on a 3-year window (1 year: 0.49, 5 years: 0.44), computed from weekly returns as of 2026-08-27.
Is VTRS a good diversifier for AIN?
Somewhat, no more. With 0.51 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.51 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ain-vs-vtrs.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ain-vs-vtrs/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AIN correlations · VTRS correlations
