ECL vs VTV: Correlation
Measured on weekly returns over the past three years, Ecolab (ECL) and Vanguard Value ETF (VTV) carry a correlation of 0.61, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ECL and VTV?
On 3 years of weekly data the ECL/VTV correlation comes out at 0.61, strong. The relationship has been stable: the 1-year correlation (0.55) sits close to the 3-year figure. The 5-year figure is 0.65, and annualized covariance runs at 142.7 %².
Within ECL's tracked universe of 53 assets, VTV comes in at #14 by 3-year correlation. Correlation aside, the last 12 months split them widely, with VTV ahead by 22.6 points (+3.1% versus +25.7%). Stability stands out here, with the rolling one-year correlation confined to 0.55 through 0.74. Risk is not evenly split, since ECL carries 1.6 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.
ECL vs VTV: side by side
| ECL (Ecolab) | VTV (Vanguard Value ETF) | |
|---|---|---|
| 1-year return | +3.1% | +25.7% |
| 5-year return | +34.0% | +79.1% |
| Volatility (ann.) | 19.5% | 11.9% |
| Beta vs S&P 500 | 0.64 | 0.65 |
| Max drawdown (3Y) | -20.1% | -14.5% |
| Market cap | $80.1B | – |
| P/E (trailing) | 39.1 | – |
| Dividend yield | 0.98% | 1.86% |
| Expense ratio | – | 0.03% |
| Assets under management | – | $256.4B |
| Sector / category | Materials | 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 | ECL | VTV |
|---|---|---|
| 2022 | -37.1% | -2.1% |
| 2023 | +37.9% | +9.3% |
| 2024 | +19.3% | +16.0% |
| 2025 | +13.2% | +15.3% |
| 2026 | +9.5% | +19.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ECL and VTV good diversifiers for each other?
Only partially. A correlation of 0.61 means ECL 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 ECL and VTV?
The ECL/VTV correlation stands at 0.61 on a 3-year window (1 year: 0.55, 5 years: 0.65), computed from weekly returns as of 2026-08-27.
Is VTV a good diversifier for ECL?
Only partially. A correlation of 0.61 means ECL 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 0.61 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ecl-vs-vtv.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ecl-vs-vtv/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ECL correlations · VTV correlations
