IT vs VPG: Correlation
Gartner (IT) and Vishay Precision Group, Inc. (VPG) show a negative relationship: their 3-year correlation of weekly returns is -0.22.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IT and VPG?
On 3 years of weekly data the IT/VPG correlation comes out at -0.22, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.40) than the 3-year average (-0.22). The 5-year figure is -0.08, and annualized covariance runs at -486.3 %².
Within IT's tracked universe of 36 assets, VPG comes in at #31 by 3-year correlation. The last year tells two different stories: VPG led by 146.4 percentage points, -20.2% for IT against +126.2% for VPG.
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.
IT vs VPG: side by side
| IT (Gartner) | VPG (Vishay Precision Group, Inc.) | |
|---|---|---|
| 1-year return | -20.2% | +126.2% |
| 5-year return | -36.0% | +76.6% |
| Volatility (ann.) | 40.6% | 54.8% |
| Beta vs S&P 500 | 0.92 | 1.32 |
| Max drawdown (3Y) | -77.2% | -58.5% |
| Market cap | $12.4B | $0.9B |
| P/E (trailing) | 17.4 | 213.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | IT | VPG |
|---|---|---|
| 2022 | +0.5% | +4.1% |
| 2023 | +34.2% | -11.8% |
| 2024 | +7.4% | -31.1% |
| 2025 | -47.9% | +64.0% |
| 2026 | -22.1% | +72.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IT and VPG good diversifiers for each other?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between IT and VPG?
As of 2026-08-27, the correlation of weekly returns between IT and VPG is -0.22 over 3 years, -0.40 over 1 year and -0.08 over 5 years.
Is VPG a good diversifier for IT?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.22 mean?
A reading of -0.22 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: IT correlations · VPG correlations