MD vs VFC: Correlation
Pediatrix Medical Group, Inc. (MD) and V.F. Corporation (VFC) show a moderate relationship: their 3-year correlation of weekly returns is 0.42.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MD and VFC?
Across a 3-year window, the weekly returns of MD and VFC correlate at 0.42, moderate. The link has loosened recently: the 1-year correlation (0.29) runs below the 3-year figure (0.42). Stretching to 5 years gives 0.42, with an annualized covariance of 1067.3 %².
Few assets follow MD as closely as VFC, which ranks #2 of 11 tracked partners. Their recent paths diverged sharply: over the last 12 months MD outperformed by 62.7 percentage points (+56.0% for MD against -6.7% for VFC).
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.
MD vs VFC: side by side
| MD (Pediatrix Medical Group, Inc.) | VFC (V.F. Corporation) | |
|---|---|---|
| 1-year return | +56.0% | -6.7% |
| 5-year return | -23.8% | -79.1% |
| Volatility (ann.) | 46.2% | 54.9% |
| Beta vs S&P 500 | 0.33 | 1.25 |
| Max drawdown (3Y) | -52.8% | -63.7% |
| Market cap | $2.2B | $5.4B |
| P/E (trailing) | 12.9 | 20.1 |
| Dividend yield | 0.00% | 12.96% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MD | VFC |
|---|---|---|
| 2022 | -45.4% | -60.4% |
| 2023 | -37.4% | -28.5% |
| 2024 | +41.1% | +16.6% |
| 2025 | +63.0% | -13.8% |
| 2026 | +25.3% | -23.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MD and VFC good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.42 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between MD and VFC?
The MD/VFC correlation stands at 0.42 on a 3-year window (1 year: 0.29, 5 years: 0.42), computed from weekly returns as of 2026-08-27.
Is VFC a good diversifier for MD?
Yes, to a useful degree: a correlation of 0.42 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.42 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/md-vs-vfc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/md-vs-vfc/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: MD correlations · VFC correlations
