AVT vs FEED: Correlation
Measured on weekly returns over the past three years, Avnet, Inc. (AVT) and ENvue Medical, Inc. (FEED) carry a correlation of 0.37, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AVT and FEED?
On 3 years of weekly data the AVT/FEED correlation comes out at 0.37, moderate. The link has tightened recently: the 1-year correlation (0.57) runs above the 3-year figure (0.37). The 5-year figure is 0.30, and annualized covariance runs at 2139.0 %².
Among the 16 assets we track against AVT, FEED ranks #10 by 3-year correlation. Correlation aside, the last 12 months split them widely, with AVT ahead by 164.0 points (+70.3% versus -93.7%). Risk is not evenly split, since FEED carries 7.4 times the volatility of the other side.
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.
AVT vs FEED: side by side
| AVT (Avnet, Inc.) | FEED (ENvue Medical, Inc.) | |
|---|---|---|
| 1-year return | +70.3% | -93.7% |
| 5-year return | +153.5% | -100.0% |
| Volatility (ann.) | 28.1% | 207.5% |
| Beta vs S&P 500 | 1.05 | 2.43 |
| Max drawdown (3Y) | -27.1% | -99.9% |
| Market cap | $7.5B | – |
| P/E (trailing) | 22.5 | – |
| Dividend yield | 1.55% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AVT | FEED |
|---|---|---|
| 2022 | +3.4% | -75.8% |
| 2023 | +24.4% | -77.2% |
| 2024 | +6.4% | -48.7% |
| 2025 | -5.6% | -96.4% |
| 2026 | +92.1% | -84.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AVT and FEED good diversifiers for each other?
A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between AVT and FEED?
Using weekly returns as of 2026-08-27: 0.37 over 3 years, with 0.57 over the last year and 0.30 over 5 years.
Is FEED a good diversifier for AVT?
A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.37 mean?
A reading of 0.37 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/avt-vs-feed.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/avt-vs-feed/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AVT correlations · FEED correlations
