NGVT vs PRCH: Correlation
Ingevity Corporation (NGVT) and Porch Group, Inc. (PRCH) show a moderate relationship: their 3-year correlation of weekly returns is 0.46.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NGVT and PRCH?
Over the past 3 years, NGVT and PRCH moved with a correlation of 0.46, which is moderate. The past 12 months show a weaker link (0.30) than the 3-year average (0.46). Over 5 years the correlation is 0.41, and the annualized covariance of weekly returns is 2639.5 %².
Within NGVT's tracked universe of 23 assets, PRCH comes in at #17 by 3-year correlation. On 12-month performance NGVT holds a 14.3-point edge, +21.5% against +7.2%. One caveat on sizing: PRCH is 2.4 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.
NGVT vs PRCH: side by side
| NGVT (Ingevity Corporation) | PRCH (Porch Group, Inc.) | |
|---|---|---|
| 1-year return | +21.5% | +7.2% |
| 5-year return | -14.1% | -10.6% |
| Volatility (ann.) | 48.8% | 118.2% |
| Beta vs S&P 500 | 1.39 | 2.67 |
| Max drawdown (3Y) | -45.8% | -75.8% |
| Market cap | $2.4B | $2.0B |
| P/E (trailing) | 98.2 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | NGVT | PRCH |
|---|---|---|
| 2022 | -1.8% | -87.9% |
| 2023 | -33.0% | +63.8% |
| 2024 | -13.7% | +59.7% |
| 2025 | +45.2% | +85.6% |
| 2026 | +17.8% | +91.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NGVT and PRCH good diversifiers for each other?
A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between NGVT and PRCH?
As of 2026-08-27, the correlation of weekly returns between NGVT and PRCH is 0.46 over 3 years, 0.30 over 1 year and 0.41 over 5 years.
Is PRCH a good diversifier for NGVT?
A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.46 mean?
A reading of 0.46 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
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Related comparisons
Hubs: NGVT correlations · PRCH correlations