AMZN vs VTI: Correlation
Measured on weekly returns over the past three years, Amazon (AMZN) and Vanguard Total Stock Market ETF (VTI) carry a correlation of 0.68, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMZN and VTI?
On 3 years of weekly data the AMZN/VTI correlation comes out at 0.68, strong. The link has loosened recently: the 1-year correlation (0.56) runs below the 3-year figure (0.68). The 5-year figure is 0.69, and annualized covariance runs at 306.4 %².
Among the 38 assets we track against AMZN, VTI ranks #10 by 3-year correlation. On 12-month performance VTI holds a 8.9-point edge, +11.8% against +20.7%. Across three years, the rolling one-year figure varied moderately, from 0.56 to 0.81. One caveat on sizing: AMZN is 2.1 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.
AMZN vs VTI: side by side
| AMZN (Amazon) | VTI (Vanguard Total Stock Market ETF) | |
|---|---|---|
| 1-year return | +11.8% | +20.7% |
| 5-year return | +49.8% | +74.8% |
| Volatility (ann.) | 31.0% | 14.6% |
| Beta vs S&P 500 | 1.48 | 1.01 |
| Max drawdown (3Y) | -30.9% | -19.3% |
| Market cap | $2,764.1B | – |
| P/E (trailing) | 20.9 | – |
| Dividend yield | 0.00% | 1.06% |
| Expense ratio | – | 0.03% |
| Assets under management | – | $2,290.0B |
| Sector / category | Consumer Discretionary | ETF · US Large Cap |
VTI, Vanguard's Large Blend fund, carries $2,290.0B under management, 3140 holdings, a 0.03% expense ratio, a 1.06% trailing dividend yield.
Year-by-year returns
| Year | AMZN | VTI |
|---|---|---|
| 2022 | -49.6% | -19.5% |
| 2023 | +80.9% | +26.0% |
| 2024 | +44.4% | +23.8% |
| 2025 | +5.2% | +17.1% |
| 2026 | +11.0% | +14.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Fund exposure
Keep in mind that VTI holds AMZN at a 3.66% weight, which makes a slice of this correlation mechanical rather than coincidental.
Are AMZN and VTI good diversifiers for each other?
To a limited degree. At 0.68 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between AMZN and VTI?
Using weekly returns as of 2026-08-27: 0.68 over 3 years, with 0.56 over the last year and 0.69 over 5 years.
Is VTI a good diversifier for AMZN?
To a limited degree. At 0.68 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.68 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
$ curl https://www.pairbook.io/api/v1/pairs/amzn-vs-vti.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/amzn-vs-vti/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AMZN correlations · VTI correlations
