DUK vs VUG: Correlation
Measured on weekly returns over the past three years, Duke Energy (DUK) and Vanguard Growth ETF (VUG) carry a correlation of -0.22, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DUK and VUG?
On 3 years of weekly data the DUK/VUG correlation comes out at -0.22, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.34) runs below the 3-year figure (-0.22). The 5-year figure is 0.06, and annualized covariance runs at -68.0 %².
Within DUK's tracked universe of 53 assets, VUG comes in at #40 by 3-year correlation. The last year tells two different stories: VUG led by 15.1 percentage points, +1.1% for DUK against +16.2% for VUG. This link changes with the market regime, having swung between -0.39 and 0.27 on a rolling one-year basis.
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.
DUK vs VUG: side by side
| DUK (Duke Energy) | VUG (Vanguard Growth ETF) | |
|---|---|---|
| 1-year return | +1.1% | +16.2% |
| 5-year return | +39.8% | +78.4% |
| Volatility (ann.) | 15.9% | 19.4% |
| Beta vs S&P 500 | -0.09 | 1.28 |
| Max drawdown (3Y) | -11.6% | -22.8% |
| Market cap | $94.2B | – |
| P/E (trailing) | 18.3 | – |
| Dividend yield | 3.49% | 0.40% |
| Expense ratio | – | 0.03% |
| Assets under management | – | $372.0B |
| Sector / category | Utilities | ETF · US Style |
VUG, Vanguard's Large Growth fund, carries $372.0B under management, 146 holdings, a 0.03% expense ratio, a 0.40% trailing dividend yield.
Year-by-year returns
| Year | DUK | VUG |
|---|---|---|
| 2022 | +2.0% | -33.2% |
| 2023 | -1.6% | +46.8% |
| 2024 | +15.6% | +32.7% |
| 2025 | +12.7% | +19.4% |
| 2026 | +5.8% | +9.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DUK and VUG good diversifiers for each other?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
FAQ
What is the correlation between DUK and VUG?
As of 2026-08-27, the correlation of weekly returns between DUK and VUG is -0.22 over 3 years, -0.34 over 1 year and 0.06 over 5 years.
Is VUG a good diversifier for DUK?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
What does a correlation of -0.22 mean?
On the −1 to +1 scale, -0.22 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/duk-vs-vug.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/duk-vs-vug/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DUK correlations · VUG correlations
