EYE vs VYX: Correlation
National Vision Holdings, Inc. (EYE) and NCR Voyix Corporation (VYX) show a moderate relationship: their 3-year correlation of weekly returns is 0.44.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EYE and VYX?
Across a 3-year window, the weekly returns of EYE and VYX correlate at 0.44, moderate. The relationship has been stable: the 1-year correlation (0.48) sits close to the 3-year figure. Stretching to 5 years gives 0.41, with an annualized covariance of 1084.1 %².
By 3-year correlation, VYX places #5 of the 10 assets tracked against EYE. The trailing year gives EYE the advantage: -26.7% versus -32.3%, a 5.6-point spread.
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 VYX: side by side
| EYE (National Vision Holdings, Inc.) | VYX (NCR Voyix Corporation) | |
|---|---|---|
| 1-year return | -26.7% | -32.3% |
| 5-year return | -69.8% | -65.3% |
| Volatility (ann.) | 52.1% | 47.7% |
| Beta vs S&P 500 | 0.86 | 1.47 |
| Max drawdown (3Y) | -59.3% | -67.4% |
| Market cap | $1.4B | $1.3B |
| P/E (trailing) | 30.3 | 31.7 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EYE | VYX |
|---|---|---|
| 2022 | -19.2% | -41.8% |
| 2023 | -46.0% | +17.7% |
| 2024 | -50.2% | -18.2% |
| 2025 | +147.8% | -26.3% |
| 2026 | -30.8% | -10.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EYE and VYX good diversifiers for each other?
Reasonably. At 0.44, EYE and VYX keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between EYE and VYX?
The EYE/VYX correlation stands at 0.44 on a 3-year window (1 year: 0.48, 5 years: 0.41), computed from weekly returns as of 2026-08-27.
Is VYX a good diversifier for EYE?
Reasonably. At 0.44, EYE and VYX keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.44 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/eye-vs-vyx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/eye-vs-vyx/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: EYE correlations · VYX correlations
