RYZ vs VSTS: Correlation
How closely do Ryerson Holding Corporation (RYZ) and Vestis Corporation (VSTS) trade together? Their weekly returns over three years give a correlation of 0.37, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RYZ and VSTS?
Across a 3-year window, the weekly returns of RYZ and VSTS correlate at 0.37, moderate. The relationship has been stable: the 1-year correlation (0.30) sits close to the 3-year figure. Stretching to 5 years gives n/a, with an annualized covariance of 1085.8 %².
By 3-year correlation, VSTS places #8 of the 13 assets tracked against RYZ. Their recent paths diverged sharply: over the last 12 months VSTS outperformed by 162.0 percentage points (+15.2% for RYZ against +177.2% for VSTS).
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.
RYZ vs VSTS: side by side
| RYZ (Ryerson Holding Corporation) | VSTS (Vestis Corporation) | |
|---|---|---|
| 1-year return | +15.2% | +177.2% |
| 5-year return | +20.9% | n/a |
| Volatility (ann.) | 47.4% | 61.1% |
| Beta vs S&P 500 | 1.18 | 0.98 |
| Max drawdown (3Y) | -49.0% | -81.6% |
| Market cap | $1.3B | $1.7B |
| P/E (trailing) | – | – |
| Dividend yield | 2.98% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RYZ | VSTS |
|---|---|---|
| 2022 | +18.3% | – |
| 2023 | +17.1% | – |
| 2024 | -44.9% | -27.2% |
| 2025 | +40.4% | -56.1% |
| 2026 | +2.7% | +91.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RYZ and VSTS good diversifiers for each other?
A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between RYZ and VSTS?
As of 2026-08-27, the correlation of weekly returns between RYZ and VSTS is 0.37 over 3 years, 0.30 over 1 year and n/a over 5 years.
Is VSTS a good diversifier for RYZ?
A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.37 mean?
A reading of 0.37 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: RYZ correlations · VSTS correlations
