IR vs VNT: Correlation
Measured on weekly returns over the past three years, Ingersoll Rand (IR) and Vontier Corporation (VNT) carry a correlation of 0.66, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IR and VNT?
Across a 3-year window, the weekly returns of IR and VNT correlate at 0.66, strong. Recent behaviour matches the longer record: 0.66 over 1 year against 0.66 over 3. Stretching to 5 years gives 0.62, with an annualized covariance of 610.9 %².
Within IR's tracked universe of 61 assets, VNT comes in at #17 by 3-year correlation. The last year tells two different stories: IR led by 21.6 percentage points, -2.0% for IR against -23.6% for VNT.
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.
IR vs VNT: side by side
| IR (Ingersoll Rand) | VNT (Vontier Corporation) | |
|---|---|---|
| 1-year return | -2.0% | -23.6% |
| 5-year return | +49.2% | -7.6% |
| Volatility (ann.) | 29.8% | 31.1% |
| Beta vs S&P 500 | 1.17 | 1.13 |
| Max drawdown (3Y) | -36.6% | -38.4% |
| Market cap | $30.6B | $4.5B |
| P/E (trailing) | 32.6 | 14.0 |
| Dividend yield | 0.15% | 0.30% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | IR | VNT |
|---|---|---|
| 2022 | -15.4% | -36.8% |
| 2023 | +48.2% | +79.3% |
| 2024 | +17.1% | +5.8% |
| 2025 | -12.3% | +2.2% |
| 2026 | -0.2% | -10.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IR and VNT good diversifiers for each other?
Only partially. A correlation of 0.66 means IR and VNT share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between IR and VNT?
As of 2026-08-27, the correlation of weekly returns between IR and VNT is 0.66 over 3 years, 0.66 over 1 year and 0.62 over 5 years.
Is VNT a good diversifier for IR?
Only partially. A correlation of 0.66 means IR and VNT share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.66 mean?
A reading of 0.66 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/ir-vs-vnt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ir-vs-vnt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: IR correlations · VNT correlations
