GITS vs VRT: Correlation
How closely do Global Interactive Technologies, Inc. (GITS) and Vertiv (VRT) trade together? Their weekly returns over three years give a correlation of -0.23, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GITS and VRT?
Across a 3-year window, the weekly returns of GITS and VRT correlate at -0.23, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.08) runs above the 3-year figure (-0.23). Stretching to 5 years gives n/a, with an annualized covariance of -17460.1 %².
Among the 35 assets we track against GITS, VRT ranks #21 by 3-year correlation. Correlation aside, the last 12 months split them widely, with VRT ahead by 130.6 points (-22.1% versus +108.5%). One caveat on sizing: GITS is 23.7 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.
GITS vs VRT: side by side
| GITS (Global Interactive Technologies, Inc.) | VRT (Vertiv) | |
|---|---|---|
| 1-year return | -22.1% | +108.5% |
| 5-year return | n/a | +847.7% |
| Volatility (ann.) | 1352.0% | 57.1% |
| Beta vs S&P 500 | -3.91 | 2.36 |
| Max drawdown (3Y) | -98.4% | -61.3% |
| Market cap | – | $103.7B |
| P/E (trailing) | – | 59.6 |
| Dividend yield | 0.00% | 0.07% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | GITS | VRT |
|---|---|---|
| 2022 | – | -45.3% |
| 2023 | – | +251.8% |
| 2024 | -69.5% | +136.8% |
| 2025 | +186.6% | +42.8% |
| 2026 | +154.2% | +66.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GITS and VRT good diversifiers for each other?
By historical standards, yes. A correlation of -0.23 means the two rarely move for the same reasons.
FAQ
What is the correlation between GITS and VRT?
As of 2026-08-27, the correlation of weekly returns between GITS and VRT is -0.23 over 3 years, -0.08 over 1 year and n/a over 5 years.
Is VRT a good diversifier for GITS?
By historical standards, yes. A correlation of -0.23 means the two rarely move for the same reasons.
What does a correlation of -0.23 mean?
A reading of -0.23 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/gits-vs-vrt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gits-vs-vrt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: GITS correlations · VRT correlations
