GD vs VBIO: Correlation
Measured on weekly returns over the past three years, General Dynamics (GD) and Valion Bio, Inc. (VBIO) carry a correlation of -0.18, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GD and VBIO?
On 3 years of weekly data the GD/VBIO correlation comes out at -0.18, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.30) runs below the 3-year figure (-0.18). The 5-year figure is -0.14, and annualized covariance runs at -565.2 %².
Out of 30 assets tracked against GD, VBIO lands near the bottom at #26. The last year tells two different stories: GD led by 114.8 percentage points, +18.8% for GD against -96.0% for VBIO. One caveat on sizing: VBIO is 7.0 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
GD vs VBIO: side by side
| GD (General Dynamics) | VBIO (Valion Bio, Inc.) | |
|---|---|---|
| 1-year return | +18.8% | -96.0% |
| 5-year return | +111.9% | -100.0% |
| Volatility (ann.) | 21.1% | 147.8% |
| Beta vs S&P 500 | 0.52 | 1.27 |
| Max drawdown (3Y) | -22.5% | -99.8% |
| Market cap | $102.8B | – |
| P/E (trailing) | 23.3 | – |
| Dividend yield | 1.62% | 0.00% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | GD | VBIO |
|---|---|---|
| 2022 | +21.7% | -83.5% |
| 2023 | +7.1% | -97.2% |
| 2024 | +3.5% | -80.8% |
| 2025 | +30.4% | -75.3% |
| 2026 | +14.4% | -91.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GD and VBIO good diversifiers for each other?
By historical standards, yes. A correlation of -0.18 means the two rarely move for the same reasons.
FAQ
What is the correlation between GD and VBIO?
As of 2026-08-27, the correlation of weekly returns between GD and VBIO is -0.18 over 3 years, -0.30 over 1 year and -0.14 over 5 years.
Is VBIO a good diversifier for GD?
By historical standards, yes. A correlation of -0.18 means the two rarely move for the same reasons.
What does a correlation of -0.18 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/gd-vs-vbio.json
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Related comparisons
Hubs: GD correlations · VBIO correlations
