MGPI vs VS: Correlation
MGP Ingredients, Inc. (MGPI) and Versus Systems Inc. (VS) show a negative relationship: their 3-year correlation of weekly returns is -0.25.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MGPI and VS?
On 3 years of weekly data the MGPI/VS correlation comes out at -0.25, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.15 over 1 year against -0.25 over 3. The 5-year figure is -0.17, and annualized covariance runs at -1356.1 %².
Out of 11 assets tracked against MGPI, VS lands near the bottom at #9. The last year tells two different stories: VS led by 15.4 percentage points, -44.0% for MGPI against -28.6% for VS. One caveat on sizing: VS is 3.4 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
MGPI vs VS: side by side
| MGPI (MGP Ingredients, Inc.) | VS (Versus Systems Inc.) | |
|---|---|---|
| 1-year return | -44.0% | -28.6% |
| 5-year return | -73.6% | -99.9% |
| Volatility (ann.) | 40.4% | 136.9% |
| Beta vs S&P 500 | 0.75 | 1.57 |
| Max drawdown (3Y) | -86.5% | -84.8% |
| Market cap | $0.3B | – |
| P/E (trailing) | – | – |
| Dividend yield | 2.75% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MGPI | VS |
|---|---|---|
| 2022 | +25.8% | -98.5% |
| 2023 | -7.0% | -61.0% |
| 2024 | -59.8% | -27.4% |
| 2025 | -37.3% | -44.7% |
| 2026 | -31.7% | +12.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MGPI and VS good diversifiers for each other?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
FAQ
What is the correlation between MGPI and VS?
The MGPI/VS correlation stands at -0.25 on a 3-year window (1 year: -0.15, 5 years: -0.17), computed from weekly returns as of 2026-08-27.
Is VS a good diversifier for MGPI?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
What does a correlation of -0.25 mean?
A reading of -0.25 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/mgpi-vs-vs.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/mgpi-vs-vs/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MGPI correlations · VS correlations
