GNTX vs VC: Correlation
How closely do Gentex Corporation (GNTX) and Visteon Corporation (VC) trade together? Their weekly returns over three years give a correlation of 0.56, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GNTX and VC?
On 3 years of weekly data the GNTX/VC correlation comes out at 0.56, moderate. Little has changed lately, as the 1-year reading of 0.65 lands near the 3-year figure. The 5-year figure is 0.58, and annualized covariance runs at 413.3 %².
Among the 12 assets we track against GNTX, VC ranks #4 by 3-year correlation. Neither side won the trailing year by much: -17.2% against -19.5%.
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.
GNTX vs VC: side by side
| GNTX (Gentex Corporation) | VC (Visteon Corporation) | |
|---|---|---|
| 1-year return | -17.2% | -19.5% |
| 5-year return | -18.8% | -3.9% |
| Volatility (ann.) | 24.9% | 29.6% |
| Beta vs S&P 500 | 0.61 | 0.66 |
| Max drawdown (3Y) | -43.0% | -53.5% |
| Market cap | $4.9B | $2.7B |
| P/E (trailing) | 12.2 | 20.0 |
| Dividend yield | 2.01% | 1.25% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GNTX | VC |
|---|---|---|
| 2022 | -20.4% | +17.7% |
| 2023 | +21.8% | -4.5% |
| 2024 | -10.7% | -29.0% |
| 2025 | -17.4% | +7.7% |
| 2026 | +0.7% | +6.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GNTX and VC good diversifiers for each other?
To a limited degree. At 0.56 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between GNTX and VC?
The GNTX/VC correlation stands at 0.56 on a 3-year window (1 year: 0.65, 5 years: 0.58), computed from weekly returns as of 2026-08-27.
Is VC a good diversifier for GNTX?
To a limited degree. At 0.56 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.56 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/gntx-vs-vc.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/gntx-vs-vc/)
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Related comparisons
Hubs: GNTX correlations · VC correlations
