EYE vs REZI: Correlation
National Vision Holdings, Inc. (EYE) and Resideo Technologies, Inc. (REZI) show a moderate relationship: their 3-year correlation of weekly returns is 0.45.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EYE and REZI?
Across a 3-year window, the weekly returns of EYE and REZI correlate at 0.45, moderate. Little has changed lately, as the 1-year reading of 0.46 lands near the 3-year figure. Stretching to 5 years gives 0.35, with an annualized covariance of 1134.1 %².
In EYE's tracked universe of 10 assets, REZI sits right near the top at #3. Over the last 12 months REZI came out ahead by 9.4 percentage points (-26.7% against -17.3%).
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.
EYE vs REZI: side by side
| EYE (National Vision Holdings, Inc.) | REZI (Resideo Technologies, Inc.) | |
|---|---|---|
| 1-year return | -26.7% | -17.3% |
| 5-year return | -69.8% | -11.7% |
| Volatility (ann.) | 52.1% | 48.9% |
| Beta vs S&P 500 | 0.86 | 1.58 |
| Max drawdown (3Y) | -59.3% | -47.1% |
| Market cap | $1.4B | $3.0B |
| P/E (trailing) | 30.3 | 7.8 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EYE | REZI |
|---|---|---|
| 2022 | -19.2% | -36.8% |
| 2023 | -46.0% | +14.4% |
| 2024 | -50.2% | +22.5% |
| 2025 | +147.8% | +52.4% |
| 2026 | -30.8% | -18.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EYE and REZI good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.45 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between EYE and REZI?
The EYE/REZI correlation stands at 0.45 on a 3-year window (1 year: 0.46, 5 years: 0.35), computed from weekly returns as of 2026-08-27.
Is REZI a good diversifier for EYE?
Yes, to a useful degree: a correlation of 0.45 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.45 mean?
On the −1 to +1 scale, 0.45 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/eye-vs-rezi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/eye-vs-rezi/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: EYE correlations · REZI correlations
