CPRT vs VTI: Correlation
Copart (CPRT) and Vanguard Total Stock Market ETF (VTI) show a moderate relationship: their 3-year correlation of weekly returns is 0.49.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CPRT and VTI?
On 3 years of weekly data the CPRT/VTI correlation comes out at 0.49, moderate. The link has loosened recently: the 1-year correlation (0.23) runs below the 3-year figure (0.49). The 5-year figure is 0.60, and annualized covariance runs at 186.4 %².
By 3-year correlation, VTI places #10 of the 35 assets tracked against CPRT. Their recent paths diverged sharply: over the last 12 months VTI outperformed by 53.3 percentage points (-32.6% for CPRT against +20.7% for VTI). On a rolling one-year basis the correlation drifted between 0.31 and 0.72, a moderate band. One caveat on sizing: CPRT is 1.8 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.
CPRT vs VTI: side by side
| CPRT (Copart) | VTI (Vanguard Total Stock Market ETF) | |
|---|---|---|
| 1-year return | -32.6% | +20.7% |
| 5-year return | -9.3% | +74.8% |
| Volatility (ann.) | 26.0% | 14.6% |
| Beta vs S&P 500 | 0.86 | 1.01 |
| Max drawdown (3Y) | -57.4% | -19.3% |
| Market cap | $30.3B | – |
| P/E (trailing) | 20.2 | – |
| Dividend yield | 0.00% | 1.06% |
| Expense ratio | – | 0.03% |
| Assets under management | – | $2,290.0B |
| Sector / category | Industrials | 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 | CPRT | VTI |
|---|---|---|
| 2022 | -19.7% | -19.5% |
| 2023 | +60.9% | +26.0% |
| 2024 | +17.1% | +23.8% |
| 2025 | -31.8% | +17.1% |
| 2026 | -16.3% | +14.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CPRT and VTI good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.49 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CPRT and VTI?
The CPRT/VTI correlation stands at 0.49 on a 3-year window (1 year: 0.23, 5 years: 0.60), computed from weekly returns as of 2026-08-27.
Is VTI a good diversifier for CPRT?
Yes, to a useful degree: a correlation of 0.49 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.49 mean?
A reading of 0.49 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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Related comparisons
Hubs: CPRT correlations · VTI correlations
