AVNW vs VNT: Correlation
Aviat Networks, Inc. (AVNW) and Vontier Corporation (VNT) show a moderate relationship: their 3-year correlation of weekly returns is 0.43.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AVNW and VNT?
Across a 3-year window, the weekly returns of AVNW and VNT correlate at 0.43, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.61 versus 0.43 over 3 years. Stretching to 5 years gives 0.42, with an annualized covariance of 679.1 %².
By 3-year correlation, VNT places #4 of the 13 assets tracked against AVNW. Their recent paths diverged sharply: over the last 12 months AVNW outperformed by 17.0 percentage points (-6.6% for AVNW against -23.6% for VNT). Note the risk asymmetry: AVNW 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.
AVNW vs VNT: side by side
| AVNW (Aviat Networks, Inc.) | VNT (Vontier Corporation) | |
|---|---|---|
| 1-year return | -6.6% | -23.6% |
| 5-year return | -39.7% | -7.6% |
| Volatility (ann.) | 50.7% | 31.1% |
| Beta vs S&P 500 | 0.79 | 1.13 |
| Max drawdown (3Y) | -64.3% | -38.4% |
| Market cap | $0.3B | $4.5B |
| P/E (trailing) | 31.1 | 14.0 |
| Dividend yield | 0.00% | 0.30% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AVNW | VNT |
|---|---|---|
| 2022 | -2.8% | -36.8% |
| 2023 | +4.7% | +79.3% |
| 2024 | -44.5% | +5.8% |
| 2025 | +18.1% | +2.2% |
| 2026 | +0.3% | -10.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AVNW and VNT good diversifiers for each other?
Reasonably. At 0.43, AVNW and VNT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between AVNW and VNT?
As of 2026-08-27, the correlation of weekly returns between AVNW and VNT is 0.43 over 3 years, 0.61 over 1 year and 0.42 over 5 years.
Is VNT a good diversifier for AVNW?
Reasonably. At 0.43, AVNW and VNT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.43 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/avnw-vs-vnt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/avnw-vs-vnt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AVNW correlations · VNT correlations
