AWI vs VNT: Correlation
Armstrong World Industries Inc (AWI) and Vontier Corporation (VNT) show a strong relationship: their 3-year correlation of weekly returns is 0.63.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AWI and VNT?
Across a 3-year window, the weekly returns of AWI and VNT correlate at 0.63, strong. Recent behaviour matches the longer record: 0.63 over 1 year against 0.63 over 3. Stretching to 5 years gives 0.58, with an annualized covariance of 530.7 %².
VNT is one of the assets that tracks AWI most closely: it ranks #2 out of the 15 assets we track against AWI. Over the last 12 months AWI came out ahead by 13.1 percentage points (-10.5% against -23.6%).
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.
AWI vs VNT: side by side
| AWI (Armstrong World Industries Inc) | VNT (Vontier Corporation) | |
|---|---|---|
| 1-year return | -10.5% | -23.6% |
| 5-year return | +76.7% | -7.6% |
| Volatility (ann.) | 27.3% | 31.1% |
| Beta vs S&P 500 | 0.88 | 1.13 |
| Max drawdown (3Y) | -25.2% | -38.4% |
| Market cap | $7.4B | $4.5B |
| P/E (trailing) | 24.3 | 14.0 |
| Dividend yield | 0.76% | 0.30% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AWI | VNT |
|---|---|---|
| 2022 | -40.3% | -36.8% |
| 2023 | +45.4% | +79.3% |
| 2024 | +45.1% | +5.8% |
| 2025 | +36.2% | +2.2% |
| 2026 | -7.6% | -10.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AWI and VNT good diversifiers for each other?
Somewhat, no more. With 0.63 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between AWI and VNT?
The AWI/VNT correlation stands at 0.63 on a 3-year window (1 year: 0.63, 5 years: 0.58), computed from weekly returns as of 2026-08-27.
Is VNT a good diversifier for AWI?
Somewhat, no more. With 0.63 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.63 mean?
On the −1 to +1 scale, 0.63 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/awi-vs-vnt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/awi-vs-vnt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AWI correlations · VNT correlations
