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KWR vs VYX: Correlation

How closely do Quaker Houghton (KWR) and NCR Voyix Corporation (VYX) trade together? Their weekly returns over three years give a correlation of 0.51, which is moderate.

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

Correlation (3Y)
0.51
moderate
Correlation (1Y)
0.56
last 12 months
Correlation (5Y)
0.55
long-run
Ann. covariance
838.1
%² · weekly, annualized

How correlated are KWR and VYX?

Over the past 3 years, KWR and VYX moved with a correlation of 0.51, which is moderate. Little has changed lately, as the 1-year reading of 0.56 lands near the 3-year figure. Over 5 years the correlation is 0.55, and the annualized covariance of weekly returns is 838.1 %².

Among the 20 assets we track against KWR, VYX ranks #11 by 3-year correlation. Correlation aside, the last 12 months split them widely, with KWR ahead by 47.4 points (+15.1% versus -32.3%).

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.

KWR vs VYX: side by side

KWR (Quaker Houghton)VYX (NCR Voyix Corporation)
1-year return+15.1%-32.3%
5-year return-32.5%-65.3%
Volatility (ann.)34.3%47.7%
Beta vs S&P 5001.161.47
Max drawdown (3Y)-55.3%-67.4%
Market cap$2.8B$1.3B
P/E (trailing)29.431.7
Dividend yield1.24%0.00%
Sector / categoryUS ListedUS Listed
Lower P/E: KWR 29.4 vs 31.7Higher yield: KWR 1.24% vs 0.00%Smaller drawdown: KWR -55.3% vs -67.4%Higher 5y return: KWR -32.5% vs -65.3%
-54%0%+25%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. KWR · VYX

Year-by-year returns

YearKWRVYX
2022-26.9%-41.8%
2023+29.1%+17.7%
2024-33.4%-18.2%
2025-0.8%-26.3%
2026+20.9%-10.0%

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

Are KWR and VYX good diversifiers for each other?

To a limited degree. At 0.51 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.

FAQ

What is the correlation between KWR and VYX?

As of 2026-08-27, the correlation of weekly returns between KWR and VYX is 0.51 over 3 years, 0.56 over 1 year and 0.55 over 5 years.

Is VYX a good diversifier for KWR?

To a limited degree. At 0.51 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.

What does a correlation of 0.51 mean?

A reading of 0.51 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

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KWR vs VYX: 3-year weekly correlation 0.51KWR vs VYX0.51

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Related comparisons

Hubs: KWR correlations · VYX correlations