EMR vs VIG: Correlation
How closely do Emerson Electric (EMR) and Vanguard Dividend Appreciation ETF (VIG) trade together? Their weekly returns over three years give a correlation of 0.69, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EMR and VIG?
Over the past 3 years, EMR and VIG moved with a correlation of 0.69, which is strong. Little has changed lately, as the 1-year reading of 0.66 lands near the 3-year figure. Over 5 years the correlation is 0.68, and the annualized covariance of weekly returns is 232.2 %².
By 3-year correlation, VIG places #13 of the 47 assets tracked against EMR. Neither side won the trailing year by much: +20.0% against +17.1%. On a rolling one-year basis the correlation drifted between 0.41 and 0.83, a moderate band. Risk is not evenly split, since EMR carries 2.4 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.
EMR vs VIG: side by side
| EMR (Emerson Electric) | VIG (Vanguard Dividend Appreciation ETF) | |
|---|---|---|
| 1-year return | +20.0% | +17.1% |
| 5-year return | +65.4% | +64.0% |
| Volatility (ann.) | 28.3% | 11.9% |
| Beta vs S&P 500 | 1.29 | 0.74 |
| Max drawdown (3Y) | -29.6% | -15.0% |
| Market cap | $88.0B | – |
| P/E (trailing) | 34.5 | – |
| Dividend yield | 1.39% | 1.50% |
| Expense ratio | – | 0.04% |
| Assets under management | – | $130.9B |
| Sector / category | Industrials | ETF · Dividend |
VIG, Vanguard's Large Blend fund, carries $130.9B under management, 333 holdings, a 0.04% expense ratio, a 1.50% trailing dividend yield.
Year-by-year returns
| Year | EMR | VIG |
|---|---|---|
| 2022 | +5.7% | -9.8% |
| 2023 | +3.8% | +14.5% |
| 2024 | +29.7% | +17.0% |
| 2025 | +8.9% | +14.2% |
| 2026 | +20.2% | +11.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Fund exposure
EMR represents 0.36% of VIG's portfolio, so part of any move in VIG is EMR itself, and the correlation between them is partly mechanical.
Are EMR and VIG good diversifiers for each other?
Somewhat, no more. With 0.69 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between EMR and VIG?
Using weekly returns as of 2026-08-27: 0.69 over 3 years, with 0.66 over the last year and 0.68 over 5 years.
Is VIG a good diversifier for EMR?
Somewhat, no more. With 0.69 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.69 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/emr-vs-vig.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/emr-vs-vig/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: EMR correlations · VIG correlations
