GILT vs VT: Correlation
How closely do Gilat Satellite Networks Ltd. (GILT) and Vanguard Total World Stock ETF (VT) trade together? Their weekly returns over three years give a correlation of 0.47, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GILT and VT?
Over the past 3 years, GILT and VT moved with a correlation of 0.47, which is moderate. The relationship has been stable: the 1-year correlation (0.49) sits close to the 3-year figure. Over 5 years the correlation is 0.43, and the annualized covariance of weekly returns is 329.3 %².
Few assets follow GILT as closely as VT, which ranks #2 of 13 tracked partners. The last year tells two different stories: VT led by 17.2 percentage points, +5.5% for GILT against +22.7% for VT. One caveat on sizing: GILT is 3.6 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
GILT vs VT: side by side
| GILT (Gilat Satellite Networks Ltd.) | VT (Vanguard Total World Stock ETF) | |
|---|---|---|
| 1-year return | +5.5% | +22.7% |
| 5-year return | +4.3% | +67.7% |
| Volatility (ann.) | 50.6% | 13.9% |
| Beta vs S&P 500 | 1.53 | 0.92 |
| Max drawdown (3Y) | -52.3% | -16.5% |
| Market cap | $0.8B | – |
| P/E (trailing) | 23.0 | – |
| Dividend yield | 0.00% | 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 | GILT | VT |
|---|---|---|
| 2022 | -18.0% | -18.0% |
| 2023 | +5.3% | +22.0% |
| 2024 | +0.7% | +16.5% |
| 2025 | +110.4% | +22.4% |
| 2026 | -19.9% | +15.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GILT and VT good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.47 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between GILT and VT?
The GILT/VT correlation stands at 0.47 on a 3-year window (1 year: 0.49, 5 years: 0.43), computed from weekly returns as of 2026-08-27.
Is VT a good diversifier for GILT?
Yes, to a useful degree: a correlation of 0.47 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.47 mean?
A reading of 0.47 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/gilt-vs-vt.json
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[](https://www.pairbook.io/pair/gilt-vs-vt/)
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Related comparisons
Hubs: GILT correlations · VT correlations
