TRMB vs VNT: Correlation
How closely do Trimble Inc. (TRMB) and Vontier Corporation (VNT) trade together? Their weekly returns over three years give a correlation of 0.59, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TRMB and VNT?
Over the past 3 years, TRMB and VNT moved with a correlation of 0.59, which is moderate. The link has loosened recently: the 1-year correlation (0.44) runs below the 3-year figure (0.59). Over 5 years the correlation is 0.61, and the annualized covariance of weekly returns is 564.6 %².
Within TRMB's tracked universe of 43 assets, VNT comes in at #5 by 3-year correlation. Twelve-month performance is nearly a tie, at -25.1% for TRMB and -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.
TRMB vs VNT: side by side
| TRMB (Trimble Inc.) | VNT (Vontier Corporation) | |
|---|---|---|
| 1-year return | -25.1% | -23.6% |
| 5-year return | -35.7% | -7.6% |
| Volatility (ann.) | 30.9% | 31.1% |
| Beta vs S&P 500 | 1.13 | 1.13 |
| Max drawdown (3Y) | -42.7% | -38.4% |
| Market cap | $14.3B | $4.5B |
| P/E (trailing) | – | 14.0 |
| Dividend yield | 0.00% | 0.30% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | TRMB | VNT |
|---|---|---|
| 2022 | -42.0% | -36.8% |
| 2023 | +5.2% | +79.3% |
| 2024 | +32.8% | +5.8% |
| 2025 | +10.9% | +2.2% |
| 2026 | -21.5% | -10.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TRMB and VNT good diversifiers for each other?
To a limited degree. At 0.59 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between TRMB and VNT?
As of 2026-08-27, the correlation of weekly returns between TRMB and VNT is 0.59 over 3 years, 0.44 over 1 year and 0.61 over 5 years.
Is VNT a good diversifier for TRMB?
To a limited degree. At 0.59 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.59 mean?
On the −1 to +1 scale, 0.59 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/trmb-vs-vnt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/trmb-vs-vnt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: TRMB correlations · VNT correlations
