ED vs VUG: Correlation
Consolidated Edison (ED) and Vanguard Growth ETF (VUG) show a negative relationship: their 3-year correlation of weekly returns is -0.32.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ED and VUG?
On 3 years of weekly data the ED/VUG correlation comes out at -0.32, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.46) than the 3-year average (-0.32). The 5-year figure is -0.02, and annualized covariance runs at -103.1 %².
Out of 105 assets tracked against ED, VUG lands near the bottom at #102. The trailing year gives VUG the advantage: +10.2% versus +16.2%, a 6.0-point spread. Do not treat this figure as fixed: across three years the rolling one-year correlation ranged all the way from -0.46 to 0.17.
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 VUG: side by side
| ED (Consolidated Edison) | VUG (Vanguard Growth ETF) | |
|---|---|---|
| 1-year return | +10.2% | +16.2% |
| 5-year return | +67.5% | +78.4% |
| Volatility (ann.) | 16.5% | 19.4% |
| Beta vs S&P 500 | -0.21 | 1.28 |
| Max drawdown (3Y) | -17.4% | -22.8% |
| Market cap | $39.5B | – |
| P/E (trailing) | 17.5 | – |
| Dividend yield | 3.22% | 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 | ED | VUG |
|---|---|---|
| 2022 | +15.7% | -33.2% |
| 2023 | -1.1% | +46.8% |
| 2024 | +1.5% | +32.7% |
| 2025 | +15.1% | +19.4% |
| 2026 | +10.1% | +9.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ED and VUG good diversifiers for each other?
By historical standards, yes. A correlation of -0.32 means the two rarely move for the same reasons.
FAQ
What is the correlation between ED and VUG?
Using weekly returns as of 2026-08-27: -0.32 over 3 years, with -0.46 over the last year and -0.02 over 5 years.
Is VUG a good diversifier for ED?
By historical standards, yes. A correlation of -0.32 means the two rarely move for the same reasons.
What does a correlation of -0.32 mean?
On the −1 to +1 scale, -0.32 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/ed-vs-vug.json
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Related comparisons
Hubs: ED correlations · VUG correlations
