BSX vs VCIG: Correlation
Boston Scientific (BSX) and VCI Global Limited (VCIG) show a negative relationship: their 3-year correlation of weekly returns is -0.23.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BSX and VCIG?
On 3 years of weekly data the BSX/VCIG correlation comes out at -0.23, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.29 lands near the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at -4862.2 %².
By 3-year correlation, VCIG places #27 of the 33 assets tracked against BSX. The last year tells two different stories: BSX led by 43.9 percentage points, -55.9% for BSX against -99.8% for VCIG. Note the risk asymmetry: VCIG runs 27.3 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.
BSX vs VCIG: side by side
| BSX (Boston Scientific) | VCIG (VCI Global Limited) | |
|---|---|---|
| 1-year return | -55.9% | -99.8% |
| 5-year return | +4.1% | n/a |
| Volatility (ann.) | 27.6% | 754.7% |
| Beta vs S&P 500 | 0.72 | 3.93 |
| Max drawdown (3Y) | -60.6% | -100.0% |
| Market cap | $67.6B | – |
| P/E (trailing) | 19.5 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Health Care | US Listed |
Year-by-year returns
| Year | BSX | VCIG |
|---|---|---|
| 2022 | +8.9% | – |
| 2023 | +24.9% | – |
| 2024 | +54.5% | -98.4% |
| 2025 | +6.8% | -99.9% |
| 2026 | -51.1% | -91.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BSX and VCIG good diversifiers for each other?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between BSX and VCIG?
As of 2026-08-27, the correlation of weekly returns between BSX and VCIG is -0.23 over 3 years, -0.29 over 1 year and n/a over 5 years.
Is VCIG a good diversifier for BSX?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.23 mean?
On the −1 to +1 scale, -0.23 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/bsx-vs-vcig.json
Embed this badge (it refreshes with the data), with attribution:
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Related comparisons
Hubs: BSX correlations · VCIG correlations
