GCV vs WILC: Correlation
Gabelli Convertible and Income Securities Fund, Inc. (The) (GCV) and G. Willi-Food International, Ltd. (WILC) show a moderate relationship: their 3-year correlation of weekly returns is 0.36.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GCV and WILC?
On 3 years of weekly data the GCV/WILC correlation comes out at 0.36, moderate. Recent behaviour matches the longer record: 0.42 over 1 year against 0.36 over 3. The 5-year figure is 0.33, and annualized covariance runs at 209.9 %².
Out of 13 assets tracked against GCV, WILC lands near the bottom at #9. Over the last 12 months WILC came out ahead by 14.1 percentage points (+26.7% against +40.8%). Note the risk asymmetry: WILC runs 2.3 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
GCV vs WILC: side by side
| GCV (Gabelli Convertible and Income Securities Fund, Inc. (The)) | WILC (G. Willi-Food International, Ltd.) | |
|---|---|---|
| 1-year return | +26.7% | +40.8% |
| 5-year return | +23.7% | +69.9% |
| Volatility (ann.) | 15.8% | 36.7% |
| Beta vs S&P 500 | 0.57 | 0.54 |
| Max drawdown (3Y) | -18.3% | -30.6% |
| Market cap | $0.1B | $0.4B |
| P/E (trailing) | 4.5 | 16.1 |
| Dividend yield | 10.48% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GCV | WILC |
|---|---|---|
| 2022 | -23.9% | -26.1% |
| 2023 | -15.6% | -17.5% |
| 2024 | +19.9% | +62.6% |
| 2025 | +22.9% | +86.6% |
| 2026 | +16.7% | +2.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GCV and WILC good diversifiers for each other?
Reasonably. At 0.36, GCV and WILC keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between GCV and WILC?
Using weekly returns as of 2026-08-27: 0.36 over 3 years, with 0.42 over the last year and 0.33 over 5 years.
Is WILC a good diversifier for GCV?
Reasonably. At 0.36, GCV and WILC keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.36 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/gcv-vs-wilc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gcv-vs-wilc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GCV correlations · WILC correlations
