COIN vs VUG: Correlation
How closely do Coinbase (COIN) and Vanguard Growth ETF (VUG) 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 VUG?
Over the past 3 years, COIN and VUG moved with a correlation of 0.49, which is moderate. The relationship has been stable: the 1-year correlation (0.53) sits close to the 3-year figure. Over 5 years the correlation is 0.57, and the annualized covariance of weekly returns is 765.5 %².
Among the 34 assets we track against COIN, VUG ranks #13 by 3-year correlation. The last year tells two different stories: VUG led by 54.5 percentage points, -38.3% for COIN against +16.2% for VUG. On a rolling one-year basis the correlation drifted between 0.29 and 0.68, a moderate band. Risk is not evenly split, since COIN carries 4.1 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.
COIN vs VUG: side by side
| COIN (Coinbase) | VUG (Vanguard Growth ETF) | |
|---|---|---|
| 1-year return | -38.3% | +16.2% |
| 5-year return | -27.4% | +78.4% |
| Volatility (ann.) | 80.0% | 19.4% |
| Beta vs S&P 500 | 2.66 | 1.28 |
| Max drawdown (3Y) | -66.4% | -22.8% |
| Market cap | $50.3B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.40% |
| Expense ratio | – | 0.03% |
| Assets under management | – | $372.0B |
| Sector / category | Financials | ETF · US Style |
VUG, Vanguard's Large Growth fund, carries $372.0B under management, 146 holdings, a 0.03% expense ratio, a 0.40% trailing dividend yield.
Year-by-year returns
| Year | COIN | VUG |
|---|---|---|
| 2022 | -86.0% | -33.2% |
| 2023 | +391.4% | +46.8% |
| 2024 | +42.8% | +32.7% |
| 2025 | -8.9% | +19.4% |
| 2026 | -15.7% | +9.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Fund exposure
COIN represents 0.1% of VUG's portfolio, so part of any move in VUG is COIN itself, and the correlation between them is partly mechanical.
Are COIN and VUG good diversifiers for each other?
A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between COIN and VUG?
Using weekly returns as of 2026-08-27: 0.49 over 3 years, with 0.53 over the last year and 0.57 over 5 years.
Is VUG a good diversifier for COIN?
A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
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-vug.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/coin-vs-vug/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: COIN correlations · VUG correlations
