MGA vs VC: Correlation
Magna International, Inc. (MGA) and Visteon Corporation (VC) show a moderate relationship: their 3-year correlation of weekly returns is 0.54.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MGA and VC?
Across a 3-year window, the weekly returns of MGA and VC correlate at 0.54, moderate. The relationship has been stable: the 1-year correlation (0.51) sits close to the 3-year figure. Stretching to 5 years gives 0.61, with an annualized covariance of 506.9 %².
Among the 18 assets we track against MGA, VC ranks #8 by 3-year correlation. Correlation aside, the last 12 months split them widely, with MGA ahead by 64.7 points (+45.2% versus -19.5%).
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.
MGA vs VC: side by side
| MGA (Magna International, Inc.) | VC (Visteon Corporation) | |
|---|---|---|
| 1-year return | +45.2% | -19.5% |
| 5-year return | -1.8% | -3.9% |
| Volatility (ann.) | 31.5% | 29.6% |
| Beta vs S&P 500 | 0.87 | 0.66 |
| Max drawdown (3Y) | -45.6% | -53.5% |
| Market cap | $17.6B | $2.7B |
| P/E (trailing) | 24.2 | 20.0 |
| Dividend yield | 2.98% | 1.25% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MGA | VC |
|---|---|---|
| 2022 | -28.6% | +17.7% |
| 2023 | +8.8% | -4.5% |
| 2024 | -26.3% | -29.0% |
| 2025 | +32.4% | +7.7% |
| 2026 | +26.1% | +6.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MGA and VC good diversifiers for each other?
To a limited degree. At 0.54 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 MGA and VC?
As of 2026-08-27, the correlation of weekly returns between MGA and VC is 0.54 over 3 years, 0.51 over 1 year and 0.61 over 5 years.
Is VC a good diversifier for MGA?
To a limited degree. At 0.54 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 0.54 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/mga-vs-vc.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/mga-vs-vc/)
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Related comparisons
Hubs: MGA correlations · VC correlations
