MCFT vs VTRS: Correlation
How closely do MasterCraft Boat Holdings, Inc. (MCFT) and Viatris (VTRS) trade together? Their weekly returns over three years give a correlation of 0.49, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MCFT and VTRS?
On 3 years of weekly data the MCFT/VTRS correlation comes out at 0.49, moderate. Little has changed lately, as the 1-year reading of 0.51 lands near the 3-year figure. The 5-year figure is 0.42, and annualized covariance runs at 632.6 %².
Among the 22 assets we track against MCFT, VTRS ranks #13 by 3-year correlation. The last year tells two different stories: VTRS led by 62.2 percentage points, +5.6% for MCFT against +67.8% for VTRS.
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.
MCFT vs VTRS: side by side
| MCFT (MasterCraft Boat Holdings, Inc.) | VTRS (Viatris) | |
|---|---|---|
| 1-year return | +5.6% | +67.8% |
| 5-year return | -7.0% | +44.6% |
| Volatility (ann.) | 39.1% | 32.8% |
| Beta vs S&P 500 | 1.03 | 0.79 |
| Max drawdown (3Y) | -41.1% | -45.0% |
| Market cap | $0.6B | $19.4B |
| P/E (trailing) | 36.1 | – |
| Dividend yield | 0.00% | 2.85% |
| Sector / category | US Listed | Health Care |
Year-by-year returns
| Year | MCFT | VTRS |
|---|---|---|
| 2022 | -8.7% | -14.3% |
| 2023 | -12.5% | +2.1% |
| 2024 | -15.8% | +19.7% |
| 2025 | -0.8% | +5.1% |
| 2026 | +27.9% | +38.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MCFT and VTRS good diversifiers for each other?
A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between MCFT and VTRS?
Using weekly returns as of 2026-08-27: 0.49 over 3 years, with 0.51 over the last year and 0.42 over 5 years.
Is VTRS a good diversifier for MCFT?
A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.49 mean?
A reading of 0.49 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/mcft-vs-vtrs.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/mcft-vs-vtrs/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MCFT correlations · VTRS correlations
