GE vs IVV: Correlation
GE Aerospace (GE) and iShares Core S&P 500 ETF (IVV) show a moderate relationship: their 3-year correlation of weekly returns is 0.58.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GE and IVV?
On 3 years of weekly data the GE/IVV correlation comes out at 0.58, moderate. The past 12 months show a weaker link (0.41) than the 3-year average (0.58). The 5-year figure is 0.59, and annualized covariance runs at 258.6 %².
By 3-year correlation, IVV places #8 of the 32 assets tracked against GE. The trailing year gives GE the advantage: +26.0% versus +20.7%, a 5.3-point spread. Across three years, the rolling one-year figure varied moderately, from 0.35 to 0.80. Risk is not evenly split, since GE carries 2.1 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.
GE vs IVV: side by side
| GE (GE Aerospace) | IVV (iShares Core S&P 500 ETF) | |
|---|---|---|
| 1-year return | +26.0% | +20.7% |
| 5-year return | +435.6% | +83.0% |
| Volatility (ann.) | 30.9% | 14.5% |
| Beta vs S&P 500 | 1.24 | 1.00 |
| Max drawdown (3Y) | -21.4% | -18.8% |
| Market cap | $355.6B | – |
| P/E (trailing) | 41.8 | – |
| Dividend yield | 0.47% | 1.09% |
| Expense ratio | – | 0.03% |
| Assets under management | – | $869.2B |
| Sector / category | Industrials | ETF · US Large Cap |
IVV is a Large Blend fund from iShares: $869.2B under management, 503 holdings, a 0.03% expense ratio, a 1.09% trailing dividend yield.
Year-by-year returns
| Year | GE | IVV |
|---|---|---|
| 2022 | -10.9% | -18.2% |
| 2023 | +95.7% | +26.3% |
| 2024 | +64.8% | +24.9% |
| 2025 | +85.7% | +17.8% |
| 2026 | +11.6% | +13.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Fund exposure
GE represents 0.56% of IVV's portfolio, so part of any move in IVV is GE itself, and the correlation between them is partly mechanical.
Are GE and IVV good diversifiers for each other?
To a limited degree. At 0.58 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between GE and IVV?
The GE/IVV correlation stands at 0.58 on a 3-year window (1 year: 0.41, 5 years: 0.59), computed from weekly returns as of 2026-08-27.
Is IVV a good diversifier for GE?
To a limited degree. At 0.58 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.58 mean?
A reading of 0.58 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ge-vs-ivv.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ge-vs-ivv/)
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Related comparisons
Hubs: GE correlations · IVV correlations
