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
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 500 | 1.16 | 1.47 |
| Max drawdown (3Y) | -55.3% | -67.4% |
| Market cap | $2.8B | $1.3B |
| P/E (trailing) | 29.4 | 31.7 |
| Dividend yield | 1.24% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KWR | VYX |
|---|---|---|
| 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
$ curl https://www.pairbook.io/api/v1/pairs/kwr-vs-vyx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/kwr-vs-vyx/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: KWR correlations · VYX correlations