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DD vs VEA: Correlation

DuPont (DD) and Vanguard FTSE Developed Markets ETF (VEA) show a moderate relationship: their 3-year correlation of weekly returns is 0.56.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.56
moderate
Correlation (1Y)
0.55
last 12 months
Correlation (5Y)
0.65
long-run
Ann. covariance
241.7
%² · weekly, annualized

How correlated are DD and VEA?

Over the past 3 years, DD and VEA moved with a correlation of 0.56, which is moderate. Little has changed lately, as the 1-year reading of 0.55 lands near the 3-year figure. Over 5 years the correlation is 0.65, and the annualized covariance of weekly returns is 241.7 %².

Among the 34 assets we track against DD, VEA ranks #10 by 3-year correlation. The last year tells two different stories: DD led by 16.2 percentage points, +44.7% for DD against +28.5% for VEA. The relationship is regime-dependent: the rolling one-year correlation swung between 0.21 and 0.77 over the past three years, so this pair behaves very differently depending on the market environment. Note the risk asymmetry: DD runs 1.9 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.

+1.0+0.50-0.5-1.020232026-08-27
One-year correlation, rolled weekly across the last three years.
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.

DD vs VEA: side by side

DD (DuPont)VEA (Vanguard FTSE Developed Markets ETF)
1-year return+44.7%+28.5%
5-year return+64.0%+63.5%
Volatility (ann.)28.8%15.1%
Beta vs S&P 5000.930.79
Max drawdown (3Y)-37.8%-13.5%
Market cap$18.7B
P/E (trailing)59.1
Dividend yield2.20%2.56%
Expense ratio0.03%
Assets under management$314.9B
Sector / categoryIndustrialsETF · International
Higher yield: VEA 2.56% vs 2.20%Smaller drawdown: VEA -13.5% vs -37.8%Higher 5y return: DD +64.0% vs +63.5%

VEA is a Foreign Large Blend fund from Vanguard: $314.9B under management, 3769 holdings, a 0.03% expense ratio, a 2.56% trailing dividend yield.

-5%0%+56%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. DD · VEA

Year-by-year returns

YearDDVEA
2022-13.4%-15.3%
2023+14.4%+17.9%
2024+1.0%+3.1%
2025+28.7%+35.2%
2026+16.0%+18.3%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are DD and VEA good diversifiers for each other?

Only partially. A correlation of 0.56 means DD and VEA 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 DD and VEA?

Using weekly returns as of 2026-08-27: 0.56 over 3 years, with 0.55 over the last year and 0.65 over 5 years.

Is VEA a good diversifier for DD?

Only partially. A correlation of 0.56 means DD and VEA share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.

What does a correlation of 0.56 mean?

A reading of 0.56 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.

Use this data

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/dd-vs-vea.json

DD vs VEA: 3-year weekly correlation 0.56DD vs VEA0.56

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Related comparisons

Hubs: DD correlations · VEA correlations