COIN vs VTI: Correlation
How closely do Coinbase (COIN) and Vanguard Total Stock Market ETF (VTI) trade together? Their weekly returns over three years give a correlation of 0.49, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are COIN and VTI?
Across a 3-year window, the weekly returns of COIN and VTI correlate at 0.49, moderate. The relationship has been stable: the 1-year correlation (0.46) sits close to the 3-year figure. Stretching to 5 years gives 0.54, with an annualized covariance of 578.2 %².
Within COIN's tracked universe of 34 assets, VTI comes in at #12 by 3-year correlation. The last year tells two different stories: VTI led by 59.0 percentage points, -38.3% for COIN against +20.7% for VTI. The link looks structural: the rolling one-year correlation barely moved, holding between 0.36 and 0.60. One caveat on sizing: COIN is 5.5 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.
COIN vs VTI: side by side
| COIN (Coinbase) | VTI (Vanguard Total Stock Market ETF) | |
|---|---|---|
| 1-year return | -38.3% | +20.7% |
| 5-year return | -27.4% | +74.8% |
| Volatility (ann.) | 80.0% | 14.6% |
| Beta vs S&P 500 | 2.66 | 1.01 |
| Max drawdown (3Y) | -66.4% | -19.3% |
| Market cap | $50.3B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 1.06% |
| Expense ratio | – | 0.03% |
| Assets under management | – | $2,290.0B |
| Sector / category | Financials | 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 | COIN | VTI |
|---|---|---|
| 2022 | -86.0% | -19.5% |
| 2023 | +391.4% | +26.0% |
| 2024 | +42.8% | +23.8% |
| 2025 | -8.9% | +17.1% |
| 2026 | -15.7% | +14.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are COIN and VTI good diversifiers for each other?
Reasonably. At 0.49, COIN and VTI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between COIN and VTI?
As of 2026-08-27, the correlation of weekly returns between COIN and VTI is 0.49 over 3 years, 0.46 over 1 year and 0.54 over 5 years.
Is VTI a good diversifier for COIN?
Reasonably. At 0.49, COIN and VTI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.49 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/coin-vs-vti.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/coin-vs-vti/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: COIN correlations · VTI correlations
