VMAR vs WY: Correlation
Vision Marine Technologies Inc. (VMAR) and Weyerhaeuser (WY) show a negative relationship: their 3-year correlation of weekly returns is -0.13.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are VMAR and WY?
Over the past 3 years, VMAR and WY moved with a correlation of -0.13, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.20) sits close to the 3-year figure. Over 5 years the correlation is -0.06, and the annualized covariance of weekly returns is -348.6 %².
Among the 13 assets we track against VMAR, WY ranks #8 by 3-year correlation. Correlation aside, the last 12 months split them widely, with WY ahead by 93.8 points (-99.9% versus -6.1%). Note the risk asymmetry: VMAR runs 4.5 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
VMAR vs WY: side by side
| VMAR (Vision Marine Technologies Inc.) | WY (Weyerhaeuser) | |
|---|---|---|
| 1-year return | -99.9% | -6.1% |
| 5-year return | -100.0% | -19.5% |
| Volatility (ann.) | 110.6% | 24.8% |
| Beta vs S&P 500 | 1.13 | 0.64 |
| Max drawdown (3Y) | -100.0% | -38.0% |
| Market cap | – | $17.1B |
| P/E (trailing) | – | 36.5 |
| Dividend yield | 0.00% | 3.49% |
| Sector / category | US Listed | Real Estate |
Year-by-year returns
| Year | VMAR | WY |
|---|---|---|
| 2022 | -4.8% | -20.4% |
| 2023 | -76.4% | +18.0% |
| 2024 | -98.9% | -16.6% |
| 2025 | -98.7% | -13.0% |
| 2026 | -99.1% | +1.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are VMAR and WY good diversifiers for each other?
Yes. With a correlation of -0.13, VMAR and WY have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between VMAR and WY?
Using weekly returns as of 2026-08-27: -0.13 over 3 years, with -0.20 over the last year and -0.06 over 5 years.
Is WY a good diversifier for VMAR?
Yes. With a correlation of -0.13, VMAR and WY have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.13 mean?
A reading of -0.13 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/vmar-vs-wy.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/vmar-vs-wy/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: VMAR correlations · WY correlations
