OPTX vs VNCE: Correlation
Measured on weekly returns over the past three years, Syntec Optics Holdings, Inc. (OPTX) and Vince Holding Corp. (VNCE) carry a correlation of 0.57, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are OPTX and VNCE?
On 3 years of weekly data the OPTX/VNCE correlation comes out at 0.57, moderate. Lately the two have drifted apart, with the 1-year correlation at -0.02 versus 0.57 over 3 years. The 5-year figure is 0.56, and annualized covariance runs at 18109.0 %².
In OPTX's tracked universe of 12 assets, VNCE sits right near the top at #2. Twelve-month performance is nearly a tie, at +449.1% for OPTX and +450.0% for VNCE.
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.
OPTX vs VNCE: side by side
| OPTX (Syntec Optics Holdings, Inc.) | VNCE (Vince Holding Corp.) | |
|---|---|---|
| 1-year return | +449.1% | +450.0% |
| 5-year return | -11.3% | +11.6% |
| Volatility (ann.) | 192.0% | 166.2% |
| Beta vs S&P 500 | 1.00 | 1.03 |
| Max drawdown (3Y) | -93.0% | -74.8% |
| Market cap | $0.4B | $0.1B |
| P/E (trailing) | – | 11.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | OPTX | VNCE |
|---|---|---|
| 2022 | – | -1.8% |
| 2023 | -49.7% | -55.8% |
| 2024 | -49.9% | +5.2% |
| 2025 | +13.5% | +12.1% |
| 2026 | +205.2% | +91.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OPTX and VNCE good diversifiers for each other?
Somewhat, no more. With 0.57 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between OPTX and VNCE?
Using weekly returns as of 2026-08-27: 0.57 over 3 years, with -0.02 over the last year and 0.56 over 5 years.
Is VNCE a good diversifier for OPTX?
Somewhat, no more. With 0.57 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.57 mean?
On the −1 to +1 scale, 0.57 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/optx-vs-vnce.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/optx-vs-vnce/)
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Related comparisons
Hubs: OPTX correlations · VNCE correlations
