GTBP vs VFC: Correlation
How closely do GT Biopharma, Inc. (GTBP) and V.F. Corporation (VFC) trade together? Their weekly returns over three years give a correlation of -0.20, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GTBP and VFC?
On 3 years of weekly data the GTBP/VFC correlation comes out at -0.20, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.10 over 1 year against -0.20 over 3. The 5-year figure is -0.04, and annualized covariance runs at -990.4 %².
VFC is close to the least connected end of GTBP's tracked universe, ranking #9 of 10. Correlation aside, the last 12 months split them widely, with VFC ahead by 66.8 points (-73.5% versus -6.7%). Risk is not evenly split, since GTBP carries 1.6 times the volatility of the other side.
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.
GTBP vs VFC: side by side
| GTBP (GT Biopharma, Inc.) | VFC (V.F. Corporation) | |
|---|---|---|
| 1-year return | -73.5% | -6.7% |
| 5-year return | -99.9% | -79.1% |
| Volatility (ann.) | 90.4% | 54.9% |
| Beta vs S&P 500 | 0.76 | 1.25 |
| Max drawdown (3Y) | -97.1% | -63.7% |
| Market cap | – | $5.4B |
| P/E (trailing) | 0.1 | 20.1 |
| Dividend yield | 0.00% | 12.96% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GTBP | VFC |
|---|---|---|
| 2022 | -71.0% | -60.4% |
| 2023 | -71.2% | -28.5% |
| 2024 | -60.1% | +16.6% |
| 2025 | -74.3% | -13.8% |
| 2026 | -61.6% | -23.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GTBP and VFC good diversifiers for each other?
Yes. With a correlation of -0.20, GTBP and VFC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between GTBP and VFC?
As of 2026-08-27, the correlation of weekly returns between GTBP and VFC is -0.20 over 3 years, -0.10 over 1 year and -0.04 over 5 years.
Is VFC a good diversifier for GTBP?
Yes. With a correlation of -0.20, GTBP and VFC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.20 mean?
A reading of -0.20 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/gtbp-vs-vfc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gtbp-vs-vfc/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: GTBP correlations · VFC correlations
