CAE vs VTI: Correlation
How closely do CAE Inc (CAE) and Vanguard Total Stock Market ETF (VTI) trade together? Their weekly returns over three years give a correlation of 0.45, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CAE and VTI?
On 3 years of weekly data the CAE/VTI correlation comes out at 0.45, moderate. The relationship has been stable: the 1-year correlation (0.43) sits close to the 3-year figure. The 5-year figure is 0.55, and annualized covariance runs at 193.8 %².
Among the 10 assets we track against CAE, VTI sits near the bottom by co-movement, at rank #6. Correlation aside, the last 12 months split them widely, with VTI ahead by 28.5 points (-7.8% versus +20.7%). Risk is not evenly split, since CAE carries 2.0 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.
CAE vs VTI: side by side
| CAE (CAE Inc) | VTI (Vanguard Total Stock Market ETF) | |
|---|---|---|
| 1-year return | -7.8% | +20.7% |
| 5-year return | -12.4% | +74.8% |
| Volatility (ann.) | 29.6% | 14.6% |
| Beta vs S&P 500 | 0.91 | 1.01 |
| Max drawdown (3Y) | -34.6% | -19.3% |
| Market cap | $8.0B | – |
| P/E (trailing) | 38.9 | – |
| Dividend yield | 0.00% | 1.06% |
| Expense ratio | – | 0.03% |
| Assets under management | – | $2,290.0B |
| Sector / category | US Listed | ETF · US Large Cap |
VTI, Vanguard's Large Blend fund, carries $2,290.0B under management, 3140 holdings, a 0.03% expense ratio, a 1.06% trailing dividend yield.
Year-by-year returns
| Year | CAE | VTI |
|---|---|---|
| 2022 | -23.4% | -19.5% |
| 2023 | +11.6% | +26.0% |
| 2024 | +17.6% | +23.8% |
| 2025 | +19.9% | +17.1% |
| 2026 | -18.1% | +14.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CAE and VTI good diversifiers for each other?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CAE and VTI?
Using weekly returns as of 2026-08-27: 0.45 over 3 years, with 0.43 over the last year and 0.55 over 5 years.
Is VTI a good diversifier for CAE?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.45 mean?
A reading of 0.45 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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$ curl https://www.pairbook.io/api/v1/pairs/cae-vs-vti.json
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Related comparisons
Hubs: CAE correlations · VTI correlations
