CSTM vs VTV: Correlation
How closely do Constellium SE (CSTM) and Vanguard Value ETF (VTV) trade together? Their weekly returns over three years give a correlation of 0.55, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CSTM and VTV?
Over the past 3 years, CSTM and VTV moved with a correlation of 0.55, which is moderate. The relationship has been stable: the 1-year correlation (0.57) sits close to the 3-year figure. Over 5 years the correlation is 0.51, and the annualized covariance of weekly returns is 269.3 %².
Among the 11 assets we track against CSTM, VTV ranks #4 by 3-year correlation. The last year tells two different stories: CSTM led by 62.0 percentage points, +87.7% for CSTM against +25.7% for VTV. Note the risk asymmetry: CSTM runs 3.5 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.
CSTM vs VTV: side by side
| CSTM (Constellium SE) | VTV (Vanguard Value ETF) | |
|---|---|---|
| 1-year return | +87.7% | +25.7% |
| 5-year return | +38.2% | +79.1% |
| Volatility (ann.) | 41.2% | 11.9% |
| Beta vs S&P 500 | 1.25 | 0.65 |
| Max drawdown (3Y) | -66.3% | -14.5% |
| Market cap | $3.7B | – |
| P/E (trailing) | 7.0 | – |
| Dividend yield | 0.00% | 1.86% |
| Expense ratio | – | 0.03% |
| Assets under management | – | $256.4B |
| Sector / category | US Listed | 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 | CSTM | VTV |
|---|---|---|
| 2022 | -33.9% | -2.1% |
| 2023 | +68.7% | +9.3% |
| 2024 | -48.5% | +16.0% |
| 2025 | +83.5% | +15.3% |
| 2026 | +45.4% | +19.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CSTM and VTV good diversifiers for each other?
Somewhat, no more. With 0.55 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between CSTM and VTV?
Using weekly returns as of 2026-08-27: 0.55 over 3 years, with 0.57 over the last year and 0.51 over 5 years.
Is VTV a good diversifier for CSTM?
Somewhat, no more. With 0.55 correlation, most large moves hit both names, and the diversification benefit stays modest.
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.
Use this data
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Related comparisons
Hubs: CSTM correlations · VTV correlations
