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GTES correlations (Gates Industrial Corporation Ltd.)

Which assets move with GTES and which ones diversify it, computed from weekly returns across 4756 stocks and ETFs.

Data as of 2026-08-27 · refreshed every trading day · US Listed

Volatility (ann.)

35.0%

3y weekly

Beta vs S&P 500

1.27

3y weekly

1-year return

+1.5%

price, adjusted

5-year return

+56.6%

price, adjusted

Market cap

$6.7B

latest

P/E ratio

18.8

trailing

Max drawdown

-33.8%

3y, daily closes

GTES over the last 12 months, weekly closes indexed to 100 at the start.

Stocks and ETFs most correlated with GTES

Asset		Correlation (3Y)
MDY	SPDR S&P MidCap 400 ETF	0.71
DOV	Dover Corporation	0.67
XLB	Materials Select Sector SPDR Fund	0.67
VTV	Vanguard Value ETF	0.66
XLI	Industrial Select Sector SPDR Fund	0.66

These are the assets whose returns had the least to do with GTES's, historically the most independent picks in our universe.

Asset		Correlation (3Y)
VXX	iPath Series B S&P 500 VIX Short-Term Futures ETN	-0.47
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	-0.45
FNGD	MicroSectors FANG Index -3X Inverse Leveraged ETNs due	-0.32

Free API · no key required

$ curl https://www.pairbook.io/api/v1/symbols/gtes.json

Correlations, diversifiers, beta and volatility for GTES, plus one endpoint per pair. API documentation.