ACV vs STIM: Correlation
Measured on weekly returns over the past three years, Virtus Diversified Income & Convertible Fund (ACV) and Neuronetics, Inc. (STIM) carry a correlation of 0.42, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACV and STIM?
Over the past 3 years, ACV and STIM moved with a correlation of 0.42, which is moderate. Little has changed lately, as the 1-year reading of 0.46 lands near the 3-year figure. Over 5 years the correlation is 0.31, and the annualized covariance of weekly returns is 880.6 %².
Out of 17 assets tracked against ACV, STIM lands near the bottom at #13. Their recent paths diverged sharply: over the last 12 months ACV outperformed by 39.3 percentage points (+27.4% for ACV against -11.9% for STIM). Note the risk asymmetry: STIM runs 5.6 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.
ACV vs STIM: side by side
| ACV (Virtus Diversified Income & Convertible Fund) | STIM (Neuronetics, Inc.) | |
|---|---|---|
| 1-year return | +27.4% | -11.9% |
| 5-year return | +45.0% | -54.7% |
| Volatility (ann.) | 19.4% | 109.2% |
| Beta vs S&P 500 | 1.02 | 1.83 |
| Max drawdown (3Y) | -23.5% | -87.3% |
| Market cap | $0.3B | $0.2B |
| P/E (trailing) | 5.1 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACV | STIM |
|---|---|---|
| 2022 | -36.0% | +54.0% |
| 2023 | +26.0% | -57.8% |
| 2024 | +15.4% | -44.5% |
| 2025 | +33.7% | -14.3% |
| 2026 | +7.0% | +114.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACV and STIM good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.42 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ACV and STIM?
Using weekly returns as of 2026-08-27: 0.42 over 3 years, with 0.46 over the last year and 0.31 over 5 years.
Is STIM a good diversifier for ACV?
Yes, to a useful degree: a correlation of 0.42 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.42 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
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Related comparisons
Hubs: ACV correlations · STIM correlations
