ECL vs VLTO: Correlation
Measured on weekly returns over the past three years, Ecolab (ECL) and Veralto (VLTO) carry a correlation of 0.50, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ECL and VLTO?
Over the past 3 years, ECL and VLTO moved with a correlation of 0.50, which is moderate. The relationship has been stable: the 1-year correlation (0.42) sits close to the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 208.9 %².
Within ECL's tracked universe of 53 assets, VLTO comes in at #27 by 3-year correlation. On 12-month performance ECL holds a 11.0-point edge, +3.1% against -7.9%. Stability stands out here, with the rolling one-year correlation confined to 0.38 through 0.59.
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.
ECL vs VLTO: side by side
| ECL (Ecolab) | VLTO (Veralto) | |
|---|---|---|
| 1-year return | +3.1% | -7.9% |
| 5-year return | +34.0% | n/a |
| Volatility (ann.) | 19.5% | 21.2% |
| Beta vs S&P 500 | 0.64 | 0.66 |
| Max drawdown (3Y) | -20.1% | -27.1% |
| Market cap | $80.1B | $24.0B |
| P/E (trailing) | 39.1 | 24.9 |
| Dividend yield | 0.98% | 0.51% |
| Sector / category | Materials | Industrials |
Year-by-year returns
| Year | ECL | VLTO |
|---|---|---|
| 2022 | -37.1% | – |
| 2023 | +37.9% | – |
| 2024 | +19.3% | +24.3% |
| 2025 | +13.2% | -1.6% |
| 2026 | +9.5% | -1.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ECL and VLTO good diversifiers for each other?
To a limited degree. At 0.50 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 ECL and VLTO?
As of 2026-08-27, the correlation of weekly returns between ECL and VLTO is 0.50 over 3 years, 0.42 over 1 year and n/a over 5 years.
Is VLTO a good diversifier for ECL?
To a limited degree. At 0.50 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 0.50 mean?
A reading of 0.50 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/ecl-vs-vlto.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ecl-vs-vlto/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ECL correlations · VLTO correlations
