ACV vs ROKU: Correlation
Virtus Diversified Income & Convertible Fund (ACV) and Roku, Inc. (ROKU) show a strong relationship: their 3-year correlation of weekly returns is 0.64.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACV and ROKU?
Across a 3-year window, the weekly returns of ACV and ROKU correlate at 0.64, strong. Lately the two have drifted apart, with the 1-year correlation at 0.48 versus 0.64 over 3 years. Stretching to 5 years gives 0.50, with an annualized covariance of 744.2 %².
Within ACV's tracked universe of 17 assets, ROKU comes in at #9 by 3-year correlation. Correlation aside, the last 12 months split them widely, with ROKU ahead by 35.1 points (+27.4% versus +62.5%). One caveat on sizing: ROKU is 3.1 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
ACV vs ROKU: side by side
| ACV (Virtus Diversified Income & Convertible Fund) | ROKU (Roku, Inc.) | |
|---|---|---|
| 1-year return | +27.4% | +62.5% |
| 5-year return | +45.0% | -56.1% |
| Volatility (ann.) | 19.4% | 59.9% |
| Beta vs S&P 500 | 1.02 | 2.49 |
| Max drawdown (3Y) | -23.5% | -51.7% |
| Market cap | $0.3B | $23.2B |
| P/E (trailing) | 5.1 | 67.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACV | ROKU |
|---|---|---|
| 2022 | -36.0% | -82.2% |
| 2023 | +26.0% | +125.2% |
| 2024 | +15.4% | -18.9% |
| 2025 | +33.7% | +45.9% |
| 2026 | +7.0% | +44.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACV and ROKU good diversifiers for each other?
Somewhat, no more. With 0.64 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between ACV and ROKU?
The ACV/ROKU correlation stands at 0.64 on a 3-year window (1 year: 0.48, 5 years: 0.50), computed from weekly returns as of 2026-08-27.
Is ROKU a good diversifier for ACV?
Somewhat, no more. With 0.64 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.64 mean?
A reading of 0.64 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/acv-vs-roku.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/acv-vs-roku/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ACV correlations · ROKU correlations
