GDV vs VT: Correlation
Measured on weekly returns over the past three years, Gabelli Dividend & Income Trust (GDV) and Vanguard Total World Stock ETF (VT) carry a correlation of 0.90, a very strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GDV and VT?
Across a 3-year window, the weekly returns of GDV and VT correlate at 0.90, very strong, meaning they move nearly in lockstep. Little has changed lately, as the 1-year reading of 0.84 lands near the 3-year figure. Stretching to 5 years gives 0.92, with an annualized covariance of 187.2 %².
Among the 71 assets we track against GDV, VT ranks #5 by 3-year correlation. Twelve-month performance is nearly a tie, at +20.3% for GDV and +22.7% for VT.
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.
GDV vs VT: side by side
| GDV (Gabelli Dividend & Income Trust) | VT (Vanguard Total World Stock ETF) | |
|---|---|---|
| 1-year return | +20.3% | +22.7% |
| 5-year return | +53.8% | +67.7% |
| Volatility (ann.) | 15.0% | 13.9% |
| Beta vs S&P 500 | 0.90 | 0.92 |
| Max drawdown (3Y) | -16.1% | -16.5% |
| Market cap | $2.7B | – |
| P/E (trailing) | 6.3 | – |
| Dividend yield | 5.51% | 1.59% |
| Expense ratio | – | 0.06% |
| Assets under management | – | $97.9B |
| Sector / category | US Listed | ETF · Global |
VT is a Global Large-Stock Blend fund from Vanguard: $97.9B under management, 5308 holdings, a 0.06% expense ratio, a 1.59% trailing dividend yield.
Year-by-year returns
| Year | GDV | VT |
|---|---|---|
| 2022 | -18.6% | -18.0% |
| 2023 | +11.9% | +22.0% |
| 2024 | +18.1% | +16.5% |
| 2025 | +22.8% | +22.4% |
| 2026 | +13.8% | +15.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GDV and VT good diversifiers for each other?
No. With a correlation of 0.90, GDV and VT move nearly in lockstep, so holding both adds very little diversification.
FAQ
What is the correlation between GDV and VT?
As of 2026-08-27, the correlation of weekly returns between GDV and VT is 0.90 over 3 years, 0.84 over 1 year and 0.92 over 5 years.
Is VT a good diversifier for GDV?
No. With a correlation of 0.90, GDV and VT move nearly in lockstep, so holding both adds very little diversification.
What does a correlation of 0.90 mean?
A reading of 0.90 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: GDV correlations · VT correlations
