COO vs VTV: Correlation
Cooper Companies (The) (COO) and Vanguard Value ETF (VTV) show a moderate relationship: their 3-year correlation of weekly returns is 0.55.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are COO and VTV?
On 3 years of weekly data the COO/VTV correlation comes out at 0.55, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.44 versus 0.55 over 3 years. The 5-year figure is 0.58, and annualized covariance runs at 183.2 %².
Among the 38 assets we track against COO, VTV ranks #7 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months VTV outperformed by 30.0 percentage points (-4.3% for COO against +25.7% for VTV). On a rolling one-year basis the correlation drifted between 0.44 and 0.70, a moderate band. Note the risk asymmetry: COO runs 2.3 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.
COO vs VTV: side by side
| COO (Cooper Companies (The)) | VTV (Vanguard Value ETF) | |
|---|---|---|
| 1-year return | -4.3% | +25.7% |
| 5-year return | -36.8% | +79.1% |
| Volatility (ann.) | 27.7% | 11.9% |
| Beta vs S&P 500 | 0.69 | 0.65 |
| Max drawdown (3Y) | -47.0% | -14.5% |
| Market cap | – | – |
| P/E (trailing) | 61.7 | – |
| Dividend yield | 0.00% | 1.86% |
| Expense ratio | – | 0.03% |
| Assets under management | – | $256.4B |
| Sector / category | Health Care | ETF · US Style |
On the fund side, VTV sits in the Large Value category at Vanguard, with $256.4B under management, 308 holdings, a 0.03% expense ratio, a 1.86% trailing dividend yield.
Year-by-year returns
| Year | COO | VTV |
|---|---|---|
| 2022 | -21.1% | -2.1% |
| 2023 | +14.5% | +9.3% |
| 2024 | -2.8% | +16.0% |
| 2025 | -10.8% | +15.3% |
| 2026 | -13.4% | +19.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are COO and VTV good diversifiers for each other?
Only partially. A correlation of 0.55 means COO and VTV share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between COO and VTV?
As of 2026-08-27, the correlation of weekly returns between COO and VTV is 0.55 over 3 years, 0.44 over 1 year and 0.58 over 5 years.
Is VTV a good diversifier for COO?
Only partially. A correlation of 0.55 means COO and VTV share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.55 mean?
On the −1 to +1 scale, 0.55 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.
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Related comparisons
Hubs: COO correlations · VTV correlations
