C vs VEEE: Correlation
Measured on weekly returns over the past three years, Citigroup (C) and Twin Vee PowerCats Co. (VEEE) carry a correlation of -0.16, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are C and VEEE?
On 3 years of weekly data the C/VEEE correlation comes out at -0.16, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.32 versus -0.16 over 3 years. The 5-year figure is -0.08, and annualized covariance runs at -2030.3 %².
By 3-year correlation, VEEE places #25 of the 33 assets tracked against C. Their recent paths diverged sharply: over the last 12 months C outperformed by 126.2 percentage points (+39.9% for C against -86.3% for VEEE). Risk is not evenly split, since VEEE carries 13.9 times the volatility of the other side.
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.
C vs VEEE: side by side
| C (Citigroup) | VEEE (Twin Vee PowerCats Co.) | |
|---|---|---|
| 1-year return | +39.9% | -86.3% |
| 5-year return | +119.6% | -99.4% |
| Volatility (ann.) | 30.3% | 421.0% |
| Beta vs S&P 500 | 1.39 | -1.03 |
| Max drawdown (3Y) | -31.3% | -99.3% |
| Market cap | $222.6B | – |
| P/E (trailing) | 14.4 | – |
| Dividend yield | 1.80% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | C | VEEE |
|---|---|---|
| 2022 | -22.1% | -54.4% |
| 2023 | +19.0% | -22.4% |
| 2024 | +41.9% | -61.3% |
| 2025 | +70.4% | -68.4% |
| 2026 | +15.4% | -84.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are C and VEEE good diversifiers for each other?
Yes. With a correlation of -0.16, C and VEEE have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between C and VEEE?
The C/VEEE correlation stands at -0.16 on a 3-year window (1 year: -0.32, 5 years: -0.08), computed from weekly returns as of 2026-08-27.
Is VEEE a good diversifier for C?
Yes. With a correlation of -0.16, C and VEEE have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.16 mean?
On the −1 to +1 scale, -0.16 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
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Related comparisons
Hubs: C correlations · VEEE correlations
