EHGO vs VOO: Correlation
Eshallgo Inc. - Class A (EHGO) and Vanguard S&P 500 ETF (VOO) show a negative relationship: their 3-year correlation of weekly returns is -0.15.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EHGO and VOO?
Over the past 3 years, EHGO and VOO moved with a correlation of -0.15, which is negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.27) runs below the 3-year figure (-0.15). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -289.5 %².
By 3-year correlation, VOO places #10 of the 66 assets tracked against EHGO. Correlation aside, the last 12 months split them widely, with VOO ahead by 110.7 points (-90.1% versus +20.6%). Note the risk asymmetry: EHGO runs 8.9 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
EHGO vs VOO: side by side
| EHGO (Eshallgo Inc. - Class A) | VOO (Vanguard S&P 500 ETF) | |
|---|---|---|
| 1-year return | -90.1% | +20.6% |
| 5-year return | n/a | +83.0% |
| Volatility (ann.) | 127.9% | 14.4% |
| Beta vs S&P 500 | -1.42 | 0.99 |
| Max drawdown (3Y) | -98.5% | -18.7% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 1.07% |
| Expense ratio | – | 0.03% |
| Assets under management | – | $1,686.9B |
| Sector / category | US Listed | ETF · US Large Cap |
VOO, Vanguard's Large Blend fund, carries $1,686.9B under management, 503 holdings, a 0.03% expense ratio, a 1.07% trailing dividend yield.
Year-by-year returns
| Year | EHGO | VOO |
|---|---|---|
| 2022 | – | -18.2% |
| 2023 | – | +26.3% |
| 2024 | – | +25.0% |
| 2025 | -94.4% | +17.8% |
| 2026 | -65.9% | +13.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EHGO and VOO good diversifiers for each other?
Yes: at -0.15, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between EHGO and VOO?
Using weekly returns as of 2026-08-27: -0.15 over 3 years, with -0.27 over the last year and n/a over 5 years.
Is VOO a good diversifier for EHGO?
Yes: at -0.15, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.15 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.
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Related comparisons
Hubs: EHGO correlations · VOO correlations
