TSCO vs VNT: Correlation
How closely do Tractor Supply (TSCO) and Vontier Corporation (VNT) trade together? Their weekly returns over three years give a correlation of 0.46, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TSCO and VNT?
On 3 years of weekly data the TSCO/VNT correlation comes out at 0.46, moderate. Little has changed lately, as the 1-year reading of 0.50 lands near the 3-year figure. The 5-year figure is 0.34, and annualized covariance runs at 408.0 %².
Among the 30 assets we track against TSCO, VNT ranks #13 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months VNT outperformed by 19.4 percentage points (-43.0% for TSCO 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.
TSCO vs VNT: side by side
| TSCO (Tractor Supply) | VNT (Vontier Corporation) | |
|---|---|---|
| 1-year return | -43.0% | -23.6% |
| 5-year return | -1.7% | -7.6% |
| Volatility (ann.) | 28.5% | 31.1% |
| Beta vs S&P 500 | 0.67 | 1.13 |
| Max drawdown (3Y) | -52.7% | -38.4% |
| Market cap | $18.1B | $4.5B |
| P/E (trailing) | 18.3 | 14.0 |
| Dividend yield | 2.68% | 0.30% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | TSCO | VNT |
|---|---|---|
| 2022 | -4.0% | -36.8% |
| 2023 | -2.6% | +79.3% |
| 2024 | +25.4% | +5.8% |
| 2025 | -4.2% | +2.2% |
| 2026 | -29.3% | -10.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TSCO and VNT good diversifiers for each other?
A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between TSCO and VNT?
As of 2026-08-27, the correlation of weekly returns between TSCO and VNT is 0.46 over 3 years, 0.50 over 1 year and 0.34 over 5 years.
Is VNT a good diversifier for TSCO?
A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.46 mean?
On the −1 to +1 scale, 0.46 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/tsco-vs-vnt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/tsco-vs-vnt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: TSCO correlations · VNT correlations
