APP vs VTI: Correlation
How closely do AppLovin (APP) and Vanguard Total Stock Market ETF (VTI) trade together? Their weekly returns over three years give a correlation of 0.54, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are APP and VTI?
Across a 3-year window, the weekly returns of APP and VTI correlate at 0.54, moderate. The relationship has been stable: the 1-year correlation (0.47) sits close to the 3-year figure. Stretching to 5 years gives 0.54, with an annualized covariance of 661.3 %².
By 3-year correlation, VTI places #12 of the 44 assets tracked against APP. Their recent paths diverged sharply: over the last 12 months VTI outperformed by 53.2 percentage points (-32.5% for APP against +20.7% for VTI). Across three years, the rolling one-year figure varied moderately, from 0.31 to 0.66. Note the risk asymmetry: APP runs 5.8 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.
APP vs VTI: side by side
| APP (AppLovin) | VTI (Vanguard Total Stock Market ETF) | |
|---|---|---|
| 1-year return | -32.5% | +20.7% |
| 5-year return | +326.5% | +74.8% |
| Volatility (ann.) | 84.3% | 14.6% |
| Beta vs S&P 500 | 3.10 | 1.01 |
| Max drawdown (3Y) | -59.3% | -19.3% |
| Market cap | $105.0B | – |
| P/E (trailing) | 23.7 | – |
| Dividend yield | 0.00% | 1.06% |
| Expense ratio | – | 0.03% |
| Assets under management | – | $2,290.0B |
| Sector / category | Communication Services | 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 | APP | VTI |
|---|---|---|
| 2022 | -88.8% | -19.5% |
| 2023 | +278.4% | +26.0% |
| 2024 | +712.6% | +23.8% |
| 2025 | +108.1% | +17.1% |
| 2026 | -53.6% | +14.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Fund exposure
A structural note: 0.15% of VTI is APP itself, so the fund partly moves with the stock by construction.
Are APP and VTI good diversifiers for each other?
Somewhat, no more. With 0.54 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between APP and VTI?
Using weekly returns as of 2026-08-27: 0.54 over 3 years, with 0.47 over the last year and 0.54 over 5 years.
Is VTI a good diversifier for APP?
Somewhat, no more. With 0.54 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.54 mean?
A reading of 0.54 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/app-vs-vti.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/app-vs-vti/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: APP correlations · VTI correlations
