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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

Correlation (3Y)
-0.22
negative
Correlation (1Y)
-0.40
last 12 months
Correlation (5Y)
-0.08
long-run
Ann. covariance
-486.3
%² · weekly, annualized

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 5000.921.32
Max drawdown (3Y)-77.2%-58.5%
Market cap$12.4B$0.9B
P/E (trailing)17.4213.6
Dividend yield0.00%0.00%
Sector / categoryInformation TechnologyUS Listed
Lower P/E: IT 17.4 vs 213.6Smaller drawdown: VPG -58.5% vs -77.2%Higher 5y return: VPG +76.6% vs -36.0%
-48%0%+376%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). IT · VPG

Year-by-year returns

YearITVPG
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.

Use this data

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

IT vs VPG: 3-year weekly correlation -0.22IT vs VPG-0.22

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Related comparisons

Hubs: IT correlations · VPG correlations