RNST vs VTRS: Correlation
Renasant Corporation (RNST) and Viatris (VTRS) show a moderate relationship: their 3-year correlation of weekly returns is 0.49.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RNST and VTRS?
Over the past 3 years, RNST and VTRS moved with a correlation of 0.49, which is moderate. Recent behaviour matches the longer record: 0.51 over 1 year against 0.49 over 3. Over 5 years the correlation is 0.43, and the annualized covariance of weekly returns is 484.7 %².
By 3-year correlation, VTRS places #13 of the 18 assets tracked against RNST. Correlation aside, the last 12 months split them widely, with VTRS ahead by 60.7 points (+7.1% versus +67.8%).
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.
RNST vs VTRS: side by side
| RNST (Renasant Corporation) | VTRS (Viatris) | |
|---|---|---|
| 1-year return | +7.1% | +67.8% |
| 5-year return | +34.8% | +44.6% |
| Volatility (ann.) | 30.4% | 32.8% |
| Beta vs S&P 500 | 0.95 | 0.79 |
| Max drawdown (3Y) | -29.3% | -45.0% |
| Market cap | $3.8B | $19.4B |
| P/E (trailing) | 12.1 | – |
| Dividend yield | 2.24% | 2.85% |
| Sector / category | US Listed | Health Care |
Year-by-year returns
| Year | RNST | VTRS |
|---|---|---|
| 2022 | +1.7% | -14.3% |
| 2023 | -7.7% | +2.1% |
| 2024 | +9.1% | +19.7% |
| 2025 | +1.0% | +5.1% |
| 2026 | +18.6% | +38.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RNST and VTRS good diversifiers for each other?
Reasonably. At 0.49, RNST and VTRS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between RNST and VTRS?
As of 2026-08-27, the correlation of weekly returns between RNST and VTRS is 0.49 over 3 years, 0.51 over 1 year and 0.43 over 5 years.
Is VTRS a good diversifier for RNST?
Reasonably. At 0.49, RNST and VTRS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.49 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/rnst-vs-vtrs.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/rnst-vs-vtrs/)
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Related comparisons
Hubs: RNST correlations · VTRS correlations
