IBP vs VITL: Correlation
Installed Building Products, Inc. (IBP) and Vital Farms, Inc. (VITL) show a moderate relationship: their 3-year correlation of weekly returns is 0.43.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IBP and VITL?
On 3 years of weekly data the IBP/VITL correlation comes out at 0.43, moderate. Little has changed lately, as the 1-year reading of 0.50 lands near the 3-year figure. The 5-year figure is 0.33, and annualized covariance runs at 1125.4 %².
Within IBP's tracked universe of 17 assets, VITL comes in at #12 by 3-year correlation. The last year tells two different stories: IBP led by 70.8 percentage points, -9.3% for IBP against -80.1% for VITL.
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.
IBP vs VITL: side by side
| IBP (Installed Building Products, Inc.) | VITL (Vital Farms, Inc.) | |
|---|---|---|
| 1-year return | -9.3% | -80.1% |
| 5-year return | +107.4% | -39.5% |
| Volatility (ann.) | 45.9% | 57.5% |
| Beta vs S&P 500 | 1.13 | 0.55 |
| Max drawdown (3Y) | -42.7% | -84.2% |
| Market cap | $6.4B | $0.4B |
| P/E (trailing) | 26.5 | – |
| Dividend yield | 0.62% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | IBP | VITL |
|---|---|---|
| 2022 | -37.3% | -17.4% |
| 2023 | +117.6% | +5.2% |
| 2024 | -2.9% | +140.2% |
| 2025 | +50.6% | -15.3% |
| 2026 | -6.2% | -67.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IBP and VITL good diversifiers for each other?
A fair diversifier. At 0.43, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between IBP and VITL?
Using weekly returns as of 2026-08-27: 0.43 over 3 years, with 0.50 over the last year and 0.33 over 5 years.
Is VITL a good diversifier for IBP?
A fair diversifier. At 0.43, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.43 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/ibp-vs-vitl.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ibp-vs-vitl/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: IBP correlations · VITL correlations
