GPC vs NVR: Correlation
How closely do Genuine Parts Company (GPC) and NVR, Inc. (NVR) trade together? Their weekly returns over three years give a correlation of 0.53, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GPC and NVR?
Over the past 3 years, GPC and NVR moved with a correlation of 0.53, which is moderate. The relationship has been stable: the 1-year correlation (0.54) sits close to the 3-year figure. Over 5 years the correlation is 0.48, and the annualized covariance of weekly returns is 394.6 %².
Among the 36 assets we track against GPC, NVR ranks #11 by 3-year correlation. The last year tells two different stories: GPC led by 22.1 percentage points, +1.3% for GPC against -20.8% for NVR. Across three years, the rolling one-year figure varied moderately, from 0.35 to 0.63.
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.
GPC vs NVR: side by side
| GPC (Genuine Parts Company) | NVR (NVR, Inc.) | |
|---|---|---|
| 1-year return | +1.3% | -20.8% |
| 5-year return | +27.6% | +24.2% |
| Volatility (ann.) | 31.9% | 23.4% |
| Beta vs S&P 500 | 0.66 | 0.53 |
| Max drawdown (3Y) | -39.7% | -43.9% |
| Market cap | $18.8B | $17.0B |
| P/E (trailing) | 546.8 | 16.6 |
| Dividend yield | 3.00% | 0.00% |
| Sector / category | Consumer Discretionary | Consumer Discretionary |
Year-by-year returns
| Year | GPC | NVR |
|---|---|---|
| 2022 | +26.8% | -21.9% |
| 2023 | -18.1% | +51.8% |
| 2024 | -13.2% | +16.8% |
| 2025 | +8.7% | -10.8% |
| 2026 | +13.4% | -12.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GPC and NVR good diversifiers for each other?
Only partially. A correlation of 0.53 means GPC and NVR share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between GPC and NVR?
The GPC/NVR correlation stands at 0.53 on a 3-year window (1 year: 0.54, 5 years: 0.48), computed from weekly returns as of 2026-08-27.
Is NVR a good diversifier for GPC?
Only partially. A correlation of 0.53 means GPC and NVR share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.53 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/gpc-vs-nvr.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/gpc-vs-nvr/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GPC correlations · NVR correlations
