EME vs VRT: Correlation
Measured on weekly returns over the past three years, Emcor (EME) and Vertiv (VRT) carry a correlation of 0.67, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EME and VRT?
Over the past 3 years, EME and VRT moved with a correlation of 0.67, which is strong. Lately the two have drifted apart, with the 1-year correlation at 0.44 versus 0.67 over 3 years. Over 5 years the correlation is 0.57, and the annualized covariance of weekly returns is 1334.4 %².
Among the 34 assets we track against EME, VRT ranks #4 by 3-year correlation. Correlation aside, the last 12 months split them widely, with VRT ahead by 84.0 points (+24.5% versus +108.5%). The rolling one-year correlation moved between 0.41 and 0.84 over the past three years, a moderate range. Risk is not evenly split, since VRT carries 1.6 times the volatility of the other side.
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.
EME vs VRT: side by side
| EME (Emcor) | VRT (Vertiv) | |
|---|---|---|
| 1-year return | +24.5% | +108.5% |
| 5-year return | +540.3% | +847.7% |
| Volatility (ann.) | 34.9% | 57.1% |
| Beta vs S&P 500 | 1.31 | 2.36 |
| Max drawdown (3Y) | -36.2% | -61.3% |
| Market cap | $34.2B | $103.7B |
| P/E (trailing) | 23.8 | 59.6 |
| Dividend yield | 0.09% | 0.07% |
| Sector / category | Industrials | Industrials |
Year-by-year returns
| Year | EME | VRT |
|---|---|---|
| 2022 | +16.8% | -45.3% |
| 2023 | +46.0% | +251.8% |
| 2024 | +111.3% | +136.8% |
| 2025 | +35.1% | +42.8% |
| 2026 | +26.9% | +66.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EME and VRT good diversifiers for each other?
Only partially. A correlation of 0.67 means EME and VRT share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between EME and VRT?
The EME/VRT correlation stands at 0.67 on a 3-year window (1 year: 0.44, 5 years: 0.57), computed from weekly returns as of 2026-08-27.
Is VRT a good diversifier for EME?
Only partially. A correlation of 0.67 means EME and VRT share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.67 mean?
On the −1 to +1 scale, 0.67 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/eme-vs-vrt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/eme-vs-vrt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: EME correlations · VRT correlations
