ARES vs VTI: Correlation
How closely do Ares Management (ARES) and Vanguard Total Stock Market ETF (VTI) trade together? Their weekly returns over three years give a correlation of 0.63, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ARES and VTI?
Across a 3-year window, the weekly returns of ARES and VTI correlate at 0.63, strong. Lately the two have drifted apart, with the 1-year correlation at 0.45 versus 0.63 over 3 years. Stretching to 5 years gives 0.72, with an annualized covariance of 328.7 %².
Within ARES's tracked universe of 32 assets, VTI comes in at #15 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months VTI outperformed by 38.4 percentage points (-17.7% for ARES against +20.7% for VTI). The rolling one-year correlation moved between 0.43 and 0.86 over the past three years, a moderate range. Note the risk asymmetry: ARES runs 2.4 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.
ARES vs VTI: side by side
| ARES (Ares Management) | VTI (Vanguard Total Stock Market ETF) | |
|---|---|---|
| 1-year return | -17.7% | +20.7% |
| 5-year return | +118.7% | +74.8% |
| Volatility (ann.) | 35.5% | 14.6% |
| Beta vs S&P 500 | 1.55 | 1.01 |
| Max drawdown (3Y) | -50.0% | -19.3% |
| Market cap | $47.0B | – |
| P/E (trailing) | 65.0 | – |
| Dividend yield | 3.48% | 1.06% |
| Expense ratio | – | 0.03% |
| Assets under management | – | $2,290.0B |
| Sector / category | Financials | 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 | ARES | VTI |
|---|---|---|
| 2022 | -12.8% | -19.5% |
| 2023 | +79.5% | +26.0% |
| 2024 | +52.7% | +23.8% |
| 2025 | -6.2% | +17.1% |
| 2026 | -9.8% | +14.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ARES and VTI good diversifiers for each other?
Somewhat, no more. With 0.63 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between ARES and VTI?
The ARES/VTI correlation stands at 0.63 on a 3-year window (1 year: 0.45, 5 years: 0.72), computed from weekly returns as of 2026-08-27.
Is VTI a good diversifier for ARES?
Somewhat, no more. With 0.63 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.63 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/ares-vs-vti.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ares-vs-vti/)
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Related comparisons
Hubs: ARES correlations · VTI correlations
