EBAY vs VLTO: Correlation
eBay Inc. (EBAY) and Veralto (VLTO) show a moderate relationship: their 3-year correlation of weekly returns is 0.38.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EBAY and VLTO?
Over the past 3 years, EBAY and VLTO moved with a correlation of 0.38, which is moderate. The relationship has been stable: the 1-year correlation (0.40) sits close to the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 236.6 %².
Among the 33 assets we track against EBAY, VLTO ranks #5 by 3-year correlation. Correlation aside, the last 12 months split them widely, with EBAY ahead by 18.5 points (+10.6% versus -7.9%). The link looks structural: the rolling one-year correlation barely moved, holding between 0.31 and 0.45.
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.
EBAY vs VLTO: side by side
| EBAY (eBay Inc.) | VLTO (Veralto) | |
|---|---|---|
| 1-year return | +10.6% | -7.9% |
| 5-year return | +43.9% | n/a |
| Volatility (ann.) | 28.9% | 21.2% |
| Beta vs S&P 500 | 0.58 | 0.66 |
| Max drawdown (3Y) | -20.7% | -27.1% |
| Market cap | $45.5B | $24.0B |
| P/E (trailing) | 21.9 | 24.9 |
| Dividend yield | 1.15% | 0.51% |
| Sector / category | Consumer Discretionary | Industrials |
Year-by-year returns
| Year | EBAY | VLTO |
|---|---|---|
| 2022 | -36.5% | – |
| 2023 | +7.7% | – |
| 2024 | +44.8% | +24.3% |
| 2025 | +42.7% | -1.6% |
| 2026 | +18.1% | -1.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EBAY and VLTO good diversifiers for each other?
A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between EBAY and VLTO?
As of 2026-08-27, the correlation of weekly returns between EBAY and VLTO is 0.38 over 3 years, 0.40 over 1 year and n/a over 5 years.
Is VLTO a good diversifier for EBAY?
A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.38 mean?
A reading of 0.38 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/ebay-vs-vlto.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ebay-vs-vlto/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: EBAY correlations · VLTO correlations
