GILT vs VSAT: Correlation
Gilat Satellite Networks Ltd. (GILT) and ViaSat, Inc. (VSAT) show a moderate relationship: their 3-year correlation of weekly returns is 0.41.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GILT and VSAT?
Over the past 3 years, GILT and VSAT moved with a correlation of 0.41, which is moderate. The relationship has been stable: the 1-year correlation (0.46) sits close to the 3-year figure. Over 5 years the correlation is 0.41, and the annualized covariance of weekly returns is 1688.7 %².
Out of 13 assets tracked against GILT, VSAT lands near the bottom at #9. Their recent paths diverged sharply: over the last 12 months VSAT outperformed by 118.3 percentage points (+5.5% for GILT against +123.8% for VSAT). One caveat on sizing: VSAT is 1.6 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.
GILT vs VSAT: side by side
| GILT (Gilat Satellite Networks Ltd.) | VSAT (ViaSat, Inc.) | |
|---|---|---|
| 1-year return | +5.5% | +123.8% |
| 5-year return | +4.3% | +40.0% |
| Volatility (ann.) | 50.6% | 82.3% |
| Beta vs S&P 500 | 1.53 | 1.26 |
| Max drawdown (3Y) | -52.3% | -76.4% |
| Market cap | $0.8B | $10.0B |
| P/E (trailing) | 23.0 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GILT | VSAT |
|---|---|---|
| 2022 | -18.0% | -28.9% |
| 2023 | +5.3% | -11.7% |
| 2024 | +0.7% | -69.6% |
| 2025 | +110.4% | +304.9% |
| 2026 | -19.9% | +111.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GILT and VSAT good diversifiers for each other?
Reasonably. At 0.41, GILT and VSAT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between GILT and VSAT?
As of 2026-08-27, the correlation of weekly returns between GILT and VSAT is 0.41 over 3 years, 0.46 over 1 year and 0.41 over 5 years.
Is VSAT a good diversifier for GILT?
Reasonably. At 0.41, GILT and VSAT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.41 mean?
On the −1 to +1 scale, 0.41 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/gilt-vs-vsat.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gilt-vs-vsat/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: GILT correlations · VSAT correlations
