VVV vs WMS: Correlation
Measured on weekly returns over the past three years, Valvoline Inc. (VVV) and Advanced Drainage Systems, Inc. (WMS) carry a correlation of 0.56, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are VVV and WMS?
Over the past 3 years, VVV and WMS moved with a correlation of 0.56, which is moderate. The link has loosened recently: the 1-year correlation (0.44) runs below the 3-year figure (0.56). Over 5 years the correlation is 0.41, and the annualized covariance of weekly returns is 598.2 %².
Few assets follow VVV as closely as WMS, which ranks #1 of 11 tracked partners. On 12-month performance WMS holds a 14.9-point edge, -19.3% against -4.4%.
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.
VVV vs WMS: side by side
| VVV (Valvoline Inc.) | WMS (Advanced Drainage Systems, Inc.) | |
|---|---|---|
| 1-year return | -19.3% | -4.4% |
| 5-year return | +7.4% | +22.1% |
| Volatility (ann.) | 29.0% | 37.1% |
| Beta vs S&P 500 | 0.68 | 1.31 |
| Max drawdown (3Y) | -39.3% | -45.8% |
| Market cap | $4.1B | $10.5B |
| P/E (trailing) | 40.5 | 23.6 |
| Dividend yield | 0.00% | 0.52% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | VVV | WMS |
|---|---|---|
| 2022 | -11.0% | -39.5% |
| 2023 | +15.1% | +72.4% |
| 2024 | -3.7% | -17.5% |
| 2025 | -19.7% | +26.0% |
| 2026 | +10.1% | -3.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are VVV and WMS good diversifiers for each other?
Somewhat, no more. With 0.56 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between VVV and WMS?
As of 2026-08-27, the correlation of weekly returns between VVV and WMS is 0.56 over 3 years, 0.44 over 1 year and 0.41 over 5 years.
Is WMS a good diversifier for VVV?
Somewhat, no more. With 0.56 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.56 mean?
On the −1 to +1 scale, 0.56 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/vvv-vs-wms.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/vvv-vs-wms/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: VVV correlations · WMS correlations
