BWA vs VC: Correlation
Measured on weekly returns over the past three years, BorgWarner Inc. (BWA) and Visteon Corporation (VC) carry a correlation of 0.57, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BWA and VC?
Across a 3-year window, the weekly returns of BWA and VC correlate at 0.57, moderate. The relationship has been stable: the 1-year correlation (0.52) sits close to the 3-year figure. Stretching to 5 years gives 0.61, with an annualized covariance of 498.0 %².
Among the 16 assets we track against BWA, VC ranks #4 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months BWA outperformed by 70.4 percentage points (+50.9% for BWA against -19.5% for VC).
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.
BWA vs VC: side by side
| BWA (BorgWarner Inc.) | VC (Visteon Corporation) | |
|---|---|---|
| 1-year return | +50.9% | -19.5% |
| 5-year return | +84.0% | -3.9% |
| Volatility (ann.) | 29.6% | 29.6% |
| Beta vs S&P 500 | 0.54 | 0.66 |
| Max drawdown (3Y) | -38.7% | -53.5% |
| Market cap | $13.2B | $2.7B |
| P/E (trailing) | 31.9 | 20.0 |
| Dividend yield | 1.05% | 1.25% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BWA | VC |
|---|---|---|
| 2022 | -9.2% | +17.7% |
| 2023 | +2.5% | -4.5% |
| 2024 | -10.2% | -29.0% |
| 2025 | +43.9% | +7.7% |
| 2026 | +44.6% | +6.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BWA and VC good diversifiers for each other?
To a limited degree. At 0.57 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between BWA and VC?
As of 2026-08-27, the correlation of weekly returns between BWA and VC is 0.57 over 3 years, 0.52 over 1 year and 0.61 over 5 years.
Is VC a good diversifier for BWA?
To a limited degree. At 0.57 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.57 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/bwa-vs-vc.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/bwa-vs-vc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BWA correlations · VC correlations
