DE vs VTV: Correlation
Measured on weekly returns over the past three years, Deere & Company (DE) and Vanguard Value ETF (VTV) carry a correlation of 0.56, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DE and VTV?
Over the past 3 years, DE and VTV moved with a correlation of 0.56, which is moderate. The past 12 months show a weaker link (0.39) than the 3-year average (0.56). Over 5 years the correlation is 0.60, and the annualized covariance of weekly returns is 179.4 %².
By 3-year correlation, VTV places #9 of the 33 assets tracked against DE. Neither side won the trailing year by much: +27.9% against +25.7%. On a rolling one-year basis the correlation drifted between 0.41 and 0.70, a moderate band. Risk is not evenly split, since DE carries 2.2 times the volatility of the other side.
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.
DE vs VTV: side by side
| DE (Deere & Company) | VTV (Vanguard Value ETF) | |
|---|---|---|
| 1-year return | +27.9% | +25.7% |
| 5-year return | +74.5% | +79.1% |
| Volatility (ann.) | 26.7% | 11.9% |
| Beta vs S&P 500 | 0.65 | 0.65 |
| Max drawdown (3Y) | -19.9% | -14.5% |
| Market cap | $168.1B | – |
| P/E (trailing) | 35.2 | – |
| Dividend yield | 1.02% | 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 | DE | VTV |
|---|---|---|
| 2022 | +26.6% | -2.1% |
| 2023 | -5.5% | +9.3% |
| 2024 | +7.6% | +16.0% |
| 2025 | +11.4% | +15.3% |
| 2026 | +34.5% | +19.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Fund exposure
DE represents 0.57% of VTV's portfolio, so part of any move in VTV is DE itself, and the correlation between them is partly mechanical.
Are DE and VTV good diversifiers for each other?
Somewhat, no more. With 0.56 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between DE and VTV?
Using weekly returns as of 2026-08-27: 0.56 over 3 years, with 0.39 over the last year and 0.60 over 5 years.
Is VTV a good diversifier for DE?
Somewhat, no more. With 0.56 correlation, most large moves hit both names, and the diversification benefit stays modest.
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
$ curl https://www.pairbook.io/api/v1/pairs/de-vs-vtv.json
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Related comparisons
Hubs: DE correlations · VTV correlations
