ED vs VTI: Correlation
How closely do Consolidated Edison (ED) and Vanguard Total Stock Market ETF (VTI) trade together? Their weekly returns over three years give a correlation of -0.17, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ED and VTI?
Over the past 3 years, ED and VTI moved with a correlation of -0.17, which is 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 (-0.17). Over 5 years the correlation is 0.12, and the annualized covariance of weekly returns is -41.9 %².
By 3-year correlation, VTI places #33 of the 105 assets tracked against ED. Over the last 12 months VTI came out ahead by 10.5 percentage points (+10.2% against +20.7%). The relationship is regime-dependent: the rolling one-year correlation swung between -0.39 and 0.25 over the past three years, so this pair behaves very differently depending on the market environment.
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.
ED vs VTI: side by side
| ED (Consolidated Edison) | VTI (Vanguard Total Stock Market ETF) | |
|---|---|---|
| 1-year return | +10.2% | +20.7% |
| 5-year return | +67.5% | +74.8% |
| Volatility (ann.) | 16.5% | 14.6% |
| Beta vs S&P 500 | -0.21 | 1.01 |
| Max drawdown (3Y) | -17.4% | -19.3% |
| Market cap | $39.5B | – |
| P/E (trailing) | 17.5 | – |
| Dividend yield | 3.22% | 1.06% |
| Expense ratio | – | 0.03% |
| Assets under management | – | $2,290.0B |
| Sector / category | Utilities | ETF · US Large Cap |
VTI, Vanguard's Large Blend fund, carries $2,290.0B under management, 3140 holdings, a 0.03% expense ratio, a 1.06% trailing dividend yield.
Year-by-year returns
| Year | ED | VTI |
|---|---|---|
| 2022 | +15.7% | -19.5% |
| 2023 | -1.1% | +26.0% |
| 2024 | +1.5% | +23.8% |
| 2025 | +15.1% | +17.1% |
| 2026 | +10.1% | +14.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Fund exposure
Keep in mind that VTI holds ED at a 0.06% weight, which makes a slice of this correlation mechanical rather than coincidental.
Are ED and VTI good diversifiers for each other?
By historical standards, yes. A correlation of -0.17 means the two rarely move for the same reasons.
FAQ
What is the correlation between ED and VTI?
The ED/VTI correlation stands at -0.17 on a 3-year window (1 year: -0.34, 5 years: 0.12), computed from weekly returns as of 2026-08-27.
Is VTI a good diversifier for ED?
By historical standards, yes. A correlation of -0.17 means the two rarely move for the same reasons.
What does a correlation of -0.17 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/ed-vs-vti.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ed-vs-vti/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ED correlations · VTI correlations
