BCAT vs VT: Correlation
BlackRock Capital Allocation Term Trust (BCAT) and Vanguard Total World Stock ETF (VT) show a strong relationship: their 3-year correlation of weekly returns is 0.68.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BCAT and VT?
Across a 3-year window, the weekly returns of BCAT and VT correlate at 0.68, strong. Little has changed lately, as the 1-year reading of 0.69 lands near the 3-year figure. Stretching to 5 years gives 0.73, with an annualized covariance of 123.0 %².
By 3-year correlation, VT places #5 of the 11 assets tracked against BCAT. On 12-month performance BCAT holds a 9.5-point edge, +32.2% against +22.7%.
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.
BCAT vs VT: side by side
| BCAT (BlackRock Capital Allocation Term Trust) | VT (Vanguard Total World Stock ETF) | |
|---|---|---|
| 1-year return | +32.2% | +22.7% |
| 5-year return | +49.6% | +67.7% |
| Volatility (ann.) | 13.1% | 13.9% |
| Beta vs S&P 500 | 0.60 | 0.92 |
| Max drawdown (3Y) | -13.7% | -16.5% |
| Market cap | $1.7B | – |
| P/E (trailing) | 7.5 | – |
| Dividend yield | 0.00% | 1.59% |
| Expense ratio | – | 0.06% |
| Assets under management | – | $97.9B |
| Sector / category | US Listed | ETF · Global |
VT is a Global Large-Stock Blend fund from Vanguard: $97.9B under management, 5308 holdings, a 0.06% expense ratio, a 1.59% trailing dividend yield.
Year-by-year returns
| Year | BCAT | VT |
|---|---|---|
| 2022 | -22.6% | -18.0% |
| 2023 | +19.3% | +22.0% |
| 2024 | +19.4% | +16.5% |
| 2025 | +16.8% | +22.4% |
| 2026 | +28.4% | +15.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BCAT and VT 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 BCAT and VT?
Using weekly returns as of 2026-08-27: 0.68 over 3 years, with 0.69 over the last year and 0.73 over 5 years.
Is VT a good diversifier for BCAT?
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?
A reading of 0.68 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/bcat-vs-vt.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/bcat-vs-vt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BCAT correlations · VT correlations
