AIR vs VSEC: Correlation
Measured on weekly returns over the past three years, AAR Corp. (AIR) and VSE Corporation (VSEC) carry a correlation of 0.52, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AIR and VSEC?
Across a 3-year window, the weekly returns of AIR and VSEC correlate at 0.52, moderate. The past 12 months show a tighter link (0.64) than the 3-year average (0.52). Stretching to 5 years gives 0.52, with an annualized covariance of 869.7 %².
Within AIR's tracked universe of 10 assets, VSEC comes in at #5 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months AIR outperformed by 45.0 percentage points (+79.2% for AIR against +34.2% for VSEC).
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.
AIR vs VSEC: side by side
| AIR (AAR Corp.) | VSEC (VSE Corporation) | |
|---|---|---|
| 1-year return | +79.2% | +34.2% |
| 5-year return | +302.1% | +365.5% |
| Volatility (ann.) | 37.3% | 44.9% |
| Beta vs S&P 500 | 1.06 | 1.52 |
| Max drawdown (3Y) | -35.7% | -30.3% |
| Market cap | $5.5B | $6.2B |
| P/E (trailing) | 28.0 | 72.5 |
| Dividend yield | 0.00% | 0.18% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AIR | VSEC |
|---|---|---|
| 2022 | +15.0% | -22.4% |
| 2023 | +39.0% | +38.9% |
| 2024 | -1.8% | +47.9% |
| 2025 | +35.1% | +82.3% |
| 2026 | +64.2% | +28.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIR and VSEC good diversifiers for each other?
Only partially. A correlation of 0.52 means AIR and VSEC 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 AIR and VSEC?
Using weekly returns as of 2026-08-27: 0.52 over 3 years, with 0.64 over the last year and 0.52 over 5 years.
Is VSEC a good diversifier for AIR?
Only partially. A correlation of 0.52 means AIR and VSEC 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/air-vs-vsec.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/air-vs-vsec/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AIR correlations · VSEC correlations
