ARW vs VPG: Correlation
Arrow Electronics, Inc. (ARW) and Vishay Precision Group, Inc. (VPG) show a moderate relationship: their 3-year correlation of weekly returns is 0.52.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ARW and VPG?
Across a 3-year window, the weekly returns of ARW and VPG correlate at 0.52, moderate. Recent behaviour matches the longer record: 0.55 over 1 year against 0.52 over 3. Stretching to 5 years gives 0.50, with an annualized covariance of 872.0 %².
Among the 13 assets we track against ARW, VPG ranks #7 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months VPG outperformed by 62.7 percentage points (+63.5% for ARW against +126.2% for VPG). One caveat on sizing: VPG is 1.8 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
ARW vs VPG: side by side
| ARW (Arrow Electronics, Inc.) | VPG (Vishay Precision Group, Inc.) | |
|---|---|---|
| 1-year return | +63.5% | +126.2% |
| 5-year return | +70.1% | +76.6% |
| Volatility (ann.) | 30.4% | 54.8% |
| Beta vs S&P 500 | 0.99 | 1.32 |
| Max drawdown (3Y) | -34.1% | -58.5% |
| Market cap | $10.6B | $0.9B |
| P/E (trailing) | 13.2 | 213.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ARW | VPG |
|---|---|---|
| 2022 | -22.1% | +4.1% |
| 2023 | +16.9% | -11.8% |
| 2024 | -7.5% | -31.1% |
| 2025 | -2.6% | +64.0% |
| 2026 | +89.7% | +72.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ARW and VPG good diversifiers for each other?
Somewhat, no more. With 0.52 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between ARW and VPG?
Using weekly returns as of 2026-08-27: 0.52 over 3 years, with 0.55 over the last year and 0.50 over 5 years.
Is VPG a good diversifier for ARW?
Somewhat, no more. With 0.52 correlation, most large moves hit both names, and the diversification benefit stays modest.
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/arw-vs-vpg.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/arw-vs-vpg/)
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Related comparisons
Hubs: ARW correlations · VPG correlations
