GEHC vs VT: Correlation
How closely do GE HealthCare (GEHC) and Vanguard Total World Stock ETF (VT) trade together? Their weekly returns over three years give a correlation of 0.60, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GEHC and VT?
Over the past 3 years, GEHC and VT moved with a correlation of 0.60, which is strong. The past 12 months show a weaker link (0.42) than the 3-year average (0.60). Over 5 years the correlation is 0.58, and the annualized covariance of weekly returns is 268.7 %².
Among the 52 assets we track against GEHC, VT ranks #14 by 3-year correlation. Correlation aside, the last 12 months split them widely, with VT ahead by 24.9 points (-2.2% versus +22.7%). Do not treat this figure as fixed: across three years the rolling one-year correlation ranged all the way from 0.26 to 0.86. Risk is not evenly split, since GEHC carries 2.3 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.
GEHC vs VT: side by side
| GEHC (GE HealthCare) | VT (Vanguard Total World Stock ETF) | |
|---|---|---|
| 1-year return | -2.2% | +22.7% |
| 5-year return | n/a | +67.7% |
| Volatility (ann.) | 32.4% | 13.9% |
| Beta vs S&P 500 | 1.22 | 0.92 |
| Max drawdown (3Y) | -37.4% | -16.5% |
| Market cap | $32.7B | – |
| P/E (trailing) | 16.9 | – |
| Dividend yield | 0.19% | 1.59% |
| Expense ratio | – | 0.06% |
| Assets under management | – | $97.9B |
| Sector / category | Health Care | 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 | GEHC | VT |
|---|---|---|
| 2022 | – | -18.0% |
| 2023 | +32.6% | +22.0% |
| 2024 | +1.3% | +16.5% |
| 2025 | +5.1% | +22.4% |
| 2026 | -11.5% | +15.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GEHC and VT good diversifiers for each other?
Somewhat, no more. With 0.60 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between GEHC and VT?
As of 2026-08-27, the correlation of weekly returns between GEHC and VT is 0.60 over 3 years, 0.42 over 1 year and 0.58 over 5 years.
Is VT a good diversifier for GEHC?
Somewhat, no more. With 0.60 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.60 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/gehc-vs-vt.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/gehc-vs-vt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GEHC correlations · VT correlations
