IDCC vs VNT: Correlation
InterDigital, Inc. (IDCC) and Vontier Corporation (VNT) show a moderate relationship: their 3-year correlation of weekly returns is 0.44.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IDCC and VNT?
Across a 3-year window, the weekly returns of IDCC and VNT correlate at 0.44, moderate. The relationship has been stable: the 1-year correlation (0.51) sits close to the 3-year figure. Stretching to 5 years gives 0.45, with an annualized covariance of 536.2 %².
Few assets follow IDCC as closely as VNT, which ranks #2 of 11 tracked partners. Correlation aside, the last 12 months split them widely, with IDCC ahead by 48.8 points (+25.2% versus -23.6%).
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.
IDCC vs VNT: side by side
| IDCC (InterDigital, Inc.) | VNT (Vontier Corporation) | |
|---|---|---|
| 1-year return | +25.2% | -23.6% |
| 5-year return | +406.1% | -7.6% |
| Volatility (ann.) | 38.9% | 31.1% |
| Beta vs S&P 500 | 0.92 | 1.13 |
| Max drawdown (3Y) | -36.5% | -38.4% |
| Market cap | $8.6B | $4.5B |
| P/E (trailing) | 39.4 | 14.0 |
| Dividend yield | 0.81% | 0.30% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | IDCC | VNT |
|---|---|---|
| 2022 | -29.3% | -36.8% |
| 2023 | +123.7% | +79.3% |
| 2024 | +81.1% | +5.8% |
| 2025 | +66.0% | +2.2% |
| 2026 | +5.8% | -10.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IDCC and VNT good diversifiers for each other?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between IDCC and VNT?
The IDCC/VNT correlation stands at 0.44 on a 3-year window (1 year: 0.51, 5 years: 0.45), computed from weekly returns as of 2026-08-27.
Is VNT a good diversifier for IDCC?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.44 mean?
A reading of 0.44 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/idcc-vs-vnt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/idcc-vs-vnt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: IDCC correlations · VNT correlations
