ERIE vs VMRK: Correlation
Measured on weekly returns over the past three years, Erie Indemnity (ERIE) and Vivmark Residential (VMRK) carry a correlation of 0.42, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ERIE and VMRK?
On 3 years of weekly data the ERIE/VMRK correlation comes out at 0.42, moderate. Recent behaviour matches the longer record: 0.44 over 1 year against 0.42 over 3. The 5-year figure is 0.29, and annualized covariance runs at 251.7 %².
By 3-year correlation, VMRK places #12 of the 33 assets tracked against ERIE. The last year tells two different stories: VMRK led by 29.6 percentage points, -24.5% for ERIE against +5.1% for VMRK. On a rolling one-year basis the correlation drifted between 0.07 and 0.51, a moderate band. Note the risk asymmetry: ERIE runs 1.5 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.
ERIE vs VMRK: side by side
| ERIE (Erie Indemnity) | VMRK (Vivmark Residential) | |
|---|---|---|
| 1-year return | -24.5% | +5.1% |
| 5-year return | +61.3% | -5.5% |
| Volatility (ann.) | 30.3% | 19.7% |
| Beta vs S&P 500 | 0.37 | 0.57 |
| Max drawdown (3Y) | -60.9% | -21.2% |
| Market cap | $13.6B | $26.1B |
| P/E (trailing) | 23.4 | 25.7 |
| Dividend yield | 2.24% | 0.00% |
| Sector / category | Financials | Real Estate |
Year-by-year returns
| Year | ERIE | VMRK |
|---|---|---|
| 2022 | +32.0% | -32.5% |
| 2023 | +37.3% | +8.3% |
| 2024 | +24.7% | +20.8% |
| 2025 | -29.4% | -8.6% |
| 2026 | -8.0% | +7.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ERIE and VMRK good diversifiers for each other?
A fair diversifier. At 0.42, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ERIE and VMRK?
Using weekly returns as of 2026-08-27: 0.42 over 3 years, with 0.44 over the last year and 0.29 over 5 years.
Is VMRK a good diversifier for ERIE?
A fair diversifier. At 0.42, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.42 mean?
On the −1 to +1 scale, 0.42 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/erie-vs-vmrk.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/erie-vs-vmrk/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ERIE correlations · VMRK correlations
