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INVE vs VC: Correlation

Measured on weekly returns over the past three years, Identiv, Inc. (INVE) and Visteon Corporation (VC) carry a correlation of 0.39, a moderate link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.39
moderate
Correlation (1Y)
0.44
last 12 months
Correlation (5Y)
0.36
long-run
Ann. covariance
628.0
%² · weekly, annualized

How correlated are INVE and VC?

Across a 3-year window, the weekly returns of INVE and VC correlate at 0.39, moderate. The relationship has been stable: the 1-year correlation (0.44) sits close to the 3-year figure. Stretching to 5 years gives 0.36, with an annualized covariance of 628.0 %².

In INVE's tracked universe of 12 assets, VC sits right near the top at #1. Their 12-month results are close: -23.4% for INVE against -19.5% for VC. Note the risk asymmetry: INVE runs 1.8 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.

INVE vs VC: side by side

INVE (Identiv, Inc.)VC (Visteon Corporation)
1-year return-23.4%-19.5%
5-year return-83.7%-3.9%
Volatility (ann.)54.6%29.6%
Beta vs S&P 5001.050.66
Max drawdown (3Y)-72.2%-53.5%
Market cap$0.1B$2.7B
P/E (trailing)20.0
Dividend yield0.00%1.25%
Sector / categoryUS ListedUS Listed
Higher yield: VC 1.25% vs 0.00%Smaller drawdown: VC -53.5% vs -72.2%Higher 5y return: VC -3.9% vs -83.7%
-32%0%+35%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. INVE · VC

Year-by-year returns

YearINVEVC
2022-74.3%+17.7%
2023+13.8%-4.5%
2024-55.6%-29.0%
2025+4.9%+7.7%
2026-26.8%+6.9%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are INVE and VC good diversifiers for each other?

Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.

FAQ

What is the correlation between INVE and VC?

Using weekly returns as of 2026-08-27: 0.39 over 3 years, with 0.44 over the last year and 0.36 over 5 years.

Is VC a good diversifier for INVE?

Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.

What does a correlation of 0.39 mean?

A reading of 0.39 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/inve-vs-vc.json

INVE vs VC: 3-year weekly correlation 0.39INVE vs VC0.39

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Related comparisons

Hubs: INVE correlations · VC correlations