FLO vs VTVT: Correlation
Flowers Foods, Inc. (FLO) and vTv Therapeutics Inc. (VTVT) show a negative relationship: their 3-year correlation of weekly returns is -0.20.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FLO and VTVT?
Over the past 3 years, FLO and VTVT moved with a correlation of -0.20, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.27 over 1 year against -0.20 over 3. Over 5 years the correlation is -0.13, and the annualized covariance of weekly returns is -531.8 %².
Out of 15 assets tracked against FLO, VTVT lands near the bottom at #11. The last year tells two different stories: VTVT led by 151.7 percentage points, -49.7% for FLO against +102.0% for VTVT. Risk is not evenly split, since VTVT carries 3.7 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.
FLO vs VTVT: side by side
| FLO (Flowers Foods, Inc.) | VTVT (vTv Therapeutics Inc.) | |
|---|---|---|
| 1-year return | -49.7% | +102.0% |
| 5-year return | -63.2% | -56.6% |
| Volatility (ann.) | 26.8% | 100.1% |
| Beta vs S&P 500 | 0.20 | 0.64 |
| Max drawdown (3Y) | -68.8% | -61.7% |
| Market cap | $1.5B | $0.1B |
| P/E (trailing) | 26.8 | – |
| Dividend yield | 13.81% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FLO | VTVT |
|---|---|---|
| 2022 | +8.0% | -33.4% |
| 2023 | -18.6% | -56.6% |
| 2024 | -4.3% | +20.1% |
| 2025 | -43.6% | +189.6% |
| 2026 | -33.0% | -18.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FLO and VTVT good diversifiers for each other?
Yes. With a correlation of -0.20, FLO and VTVT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between FLO and VTVT?
The FLO/VTVT correlation stands at -0.20 on a 3-year window (1 year: -0.27, 5 years: -0.13), computed from weekly returns as of 2026-08-27.
Is VTVT a good diversifier for FLO?
Yes. With a correlation of -0.20, FLO and VTVT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.20 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/flo-vs-vtvt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/flo-vs-vtvt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FLO correlations · VTVT correlations
