CSX vs VTV: Correlation
Measured on weekly returns over the past three years, CSX Corporation (CSX) and Vanguard Value ETF (VTV) carry a correlation of 0.62, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CSX and VTV?
Over the past 3 years, CSX and VTV moved with a correlation of 0.62, which is strong. The past 12 months show a weaker link (0.50) than the 3-year average (0.62). Over 5 years the correlation is 0.62, and the annualized covariance of weekly returns is 144.5 %².
Among the 30 assets we track against CSX, VTV ranks #5 by 3-year correlation. The last year tells two different stories: CSX led by 34.9 percentage points, +60.6% for CSX against +25.7% for VTV. On a rolling one-year basis the correlation drifted between 0.46 and 0.78, a moderate band. Note the risk asymmetry: CSX runs 1.7 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.
CSX vs VTV: side by side
| CSX (CSX Corporation) | VTV (Vanguard Value ETF) | |
|---|---|---|
| 1-year return | +60.6% | +25.7% |
| 5-year return | +66.2% | +79.1% |
| Volatility (ann.) | 19.7% | 11.9% |
| Beta vs S&P 500 | 0.62 | 0.65 |
| Max drawdown (3Y) | -29.4% | -14.5% |
| Market cap | $95.5B | – |
| P/E (trailing) | 30.1 | – |
| Dividend yield | 1.04% | 1.86% |
| Expense ratio | – | 0.03% |
| Assets under management | – | $256.4B |
| Sector / category | Industrials | 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 | CSX | VTV |
|---|---|---|
| 2022 | -16.6% | -2.1% |
| 2023 | +13.5% | +9.3% |
| 2024 | -5.6% | +16.0% |
| 2025 | +14.1% | +15.3% |
| 2026 | +43.1% | +19.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Fund exposure
Keep in mind that VTV holds CSX at a 0.35% weight, which makes a slice of this correlation mechanical rather than coincidental.
Are CSX and VTV good diversifiers for each other?
Only partially. A correlation of 0.62 means CSX 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 CSX and VTV?
Using weekly returns as of 2026-08-27: 0.62 over 3 years, with 0.50 over the last year and 0.62 over 5 years.
Is VTV a good diversifier for CSX?
Only partially. A correlation of 0.62 means CSX 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 0.62 mean?
On the −1 to +1 scale, 0.62 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
$ curl https://www.pairbook.io/api/v1/pairs/csx-vs-vtv.json
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[](https://www.pairbook.io/pair/csx-vs-vtv/)
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Related comparisons
Hubs: CSX correlations · VTV correlations
