CAE vs VT: Correlation
Measured on weekly returns over the past three years, CAE Inc (CAE) and Vanguard Total World Stock ETF (VT) carry a correlation of 0.47, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CAE and VT?
Over the past 3 years, CAE and VT moved with a correlation of 0.47, which is moderate. Recent behaviour matches the longer record: 0.42 over 1 year against 0.47 over 3. Over 5 years the correlation is 0.56, and the annualized covariance of weekly returns is 190.9 %².
Few assets follow CAE as closely as VT, which ranks #2 of 10 tracked partners. The last year tells two different stories: VT led by 30.5 percentage points, -7.8% for CAE against +22.7% for VT. One caveat on sizing: CAE 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.
CAE vs VT: side by side
| CAE (CAE Inc) | VT (Vanguard Total World Stock ETF) | |
|---|---|---|
| 1-year return | -7.8% | +22.7% |
| 5-year return | -12.4% | +67.7% |
| Volatility (ann.) | 29.6% | 13.9% |
| Beta vs S&P 500 | 0.91 | 0.92 |
| Max drawdown (3Y) | -34.6% | -16.5% |
| Market cap | $8.0B | – |
| P/E (trailing) | 38.9 | – |
| 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 | CAE | VT |
|---|---|---|
| 2022 | -23.4% | -18.0% |
| 2023 | +11.6% | +22.0% |
| 2024 | +17.6% | +16.5% |
| 2025 | +19.9% | +22.4% |
| 2026 | -18.1% | +15.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CAE and VT good diversifiers for each other?
A fair diversifier. At 0.47, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CAE and VT?
Using weekly returns as of 2026-08-27: 0.47 over 3 years, with 0.42 over the last year and 0.56 over 5 years.
Is VT a good diversifier for CAE?
A fair diversifier. At 0.47, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.47 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/cae-vs-vt.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/cae-vs-vt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CAE correlations · VT correlations
