CHRW vs VLT: Correlation
C.H. Robinson (CHRW) and Invesco High Income Trust II (VLT) show a moderate relationship: their 3-year correlation of weekly returns is 0.36.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CHRW and VLT?
On 3 years of weekly data the CHRW/VLT correlation comes out at 0.36, moderate. The past 12 months show a tighter link (0.46) than the 3-year average (0.36). The 5-year figure is 0.38, and annualized covariance runs at 130.0 %².
Among the 31 assets we track against CHRW, VLT ranks #14 by 3-year correlation. Correlation aside, the last 12 months split them widely, with CHRW ahead by 21.2 points (+19.9% versus -1.3%). Note the risk asymmetry: CHRW runs 3.6 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.
CHRW vs VLT: side by side
| CHRW (C.H. Robinson) | VLT (Invesco High Income Trust II) | |
|---|---|---|
| 1-year return | +19.9% | -1.3% |
| 5-year return | +86.8% | +12.4% |
| Volatility (ann.) | 35.7% | 10.0% |
| Beta vs S&P 500 | 0.69 | 0.47 |
| Max drawdown (3Y) | -32.4% | -13.4% |
| Market cap | $17.7B | – |
| P/E (trailing) | 29.0 | 13.9 |
| Dividend yield | 1.65% | 11.52% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | CHRW | VLT |
|---|---|---|
| 2022 | -13.1% | -20.9% |
| 2023 | -3.1% | +13.1% |
| 2024 | +22.9% | +17.3% |
| 2025 | +59.0% | +13.2% |
| 2026 | -5.3% | -4.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CHRW and VLT good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.36 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CHRW and VLT?
Using weekly returns as of 2026-08-27: 0.36 over 3 years, with 0.46 over the last year and 0.38 over 5 years.
Is VLT a good diversifier for CHRW?
Yes, to a useful degree: a correlation of 0.36 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.36 mean?
On the −1 to +1 scale, 0.36 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.
Use this data
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Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/chrw-vs-vlt/)
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Related comparisons
Hubs: CHRW correlations · VLT correlations
