IBAC vs VPG: Correlation
Measured on weekly returns over the past three years, IB Acquisition Corp. (IBAC) and Vishay Precision Group, Inc. (VPG) carry a correlation of -0.23, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IBAC and VPG?
On 3 years of weekly data the IBAC/VPG correlation comes out at -0.23, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.21) sits close to the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at -28.5 %².
Within IBAC's tracked universe of 62 assets, VPG comes in at #30 by 3-year correlation. The last year tells two different stories: VPG led by 122.9 percentage points, +3.3% for IBAC against +126.2% for VPG. Note the risk asymmetry: VPG runs 26.1 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
IBAC vs VPG: side by side
| IBAC (IB Acquisition Corp.) | VPG (Vishay Precision Group, Inc.) | |
|---|---|---|
| 1-year return | +3.3% | +126.2% |
| 5-year return | n/a | +76.6% |
| Volatility (ann.) | 2.1% | 54.8% |
| Beta vs S&P 500 | -0.00 | 1.32 |
| Max drawdown (3Y) | -3.2% | -58.5% |
| Market cap | $0.1B | $0.9B |
| P/E (trailing) | – | 213.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | IBAC | VPG |
|---|---|---|
| 2022 | – | +4.1% |
| 2023 | – | -11.8% |
| 2024 | – | -31.1% |
| 2025 | +3.7% | +64.0% |
| 2026 | +3.7% | +72.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IBAC and VPG good diversifiers for each other?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between IBAC and VPG?
Using weekly returns as of 2026-08-27: -0.23 over 3 years, with -0.21 over the last year and n/a over 5 years.
Is VPG a good diversifier for IBAC?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
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/ibac-vs-vpg.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ibac-vs-vpg/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: IBAC correlations · VPG correlations
