TPR vs VNT: Correlation
Measured on weekly returns over the past three years, Tapestry, Inc. (TPR) and Vontier Corporation (VNT) carry a correlation of 0.55, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TPR and VNT?
Across a 3-year window, the weekly returns of TPR and VNT correlate at 0.55, moderate. The link has tightened recently: the 1-year correlation (0.70) runs above the 3-year figure (0.55). Stretching to 5 years gives 0.50, with an annualized covariance of 641.3 %².
VNT is one of the assets that tracks TPR most closely: it ranks #3 out of the 36 assets we track against TPR. Their recent paths diverged sharply: over the last 12 months TPR outperformed by 47.2 percentage points (+23.6% for TPR against -23.6% for VNT).
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.
TPR vs VNT: side by side
| TPR (Tapestry, Inc.) | VNT (Vontier Corporation) | |
|---|---|---|
| 1-year return | +23.6% | -23.6% |
| 5-year return | +240.1% | -7.6% |
| Volatility (ann.) | 37.8% | 31.1% |
| Beta vs S&P 500 | 1.05 | 1.13 |
| Max drawdown (3Y) | -31.8% | -38.4% |
| Market cap | $24.6B | $4.5B |
| P/E (trailing) | 17.9 | 14.0 |
| Dividend yield | 1.23% | 0.30% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | TPR | VNT |
|---|---|---|
| 2022 | -3.3% | -36.8% |
| 2023 | +0.2% | +79.3% |
| 2024 | +82.8% | +5.8% |
| 2025 | +98.7% | +2.2% |
| 2026 | -3.0% | -10.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TPR and VNT good diversifiers for each other?
Only partially. A correlation of 0.55 means TPR and VNT share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between TPR and VNT?
The TPR/VNT correlation stands at 0.55 on a 3-year window (1 year: 0.70, 5 years: 0.50), computed from weekly returns as of 2026-08-27.
Is VNT a good diversifier for TPR?
Only partially. A correlation of 0.55 means TPR and VNT share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.55 mean?
On the −1 to +1 scale, 0.55 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/tpr-vs-vnt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/tpr-vs-vnt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: TPR correlations · VNT correlations
