IFN vs VEA: Correlation
Aberdeen India Fund, Inc. (IFN) and Vanguard FTSE Developed Markets ETF (VEA) show a strong relationship: their 3-year correlation of weekly returns is 0.61.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IFN and VEA?
Over the past 3 years, IFN and VEA moved with a correlation of 0.61, which is strong. Recent behaviour matches the longer record: 0.71 over 1 year against 0.61 over 3. Over 5 years the correlation is 0.66, and the annualized covariance of weekly returns is 187.1 %².
In IFN's tracked universe of 12 assets, VEA sits right near the top at #2. Their recent paths diverged sharply: over the last 12 months VEA outperformed by 42.5 percentage points (-14.0% for IFN against +28.5% for VEA).
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.
IFN vs VEA: side by side
| IFN (Aberdeen India Fund, Inc.) | VEA (Vanguard FTSE Developed Markets ETF) | |
|---|---|---|
| 1-year return | -14.0% | +28.5% |
| 5-year return | +1.4% | +63.5% |
| Volatility (ann.) | 20.3% | 15.1% |
| Beta vs S&P 500 | 0.74 | 0.79 |
| Max drawdown (3Y) | -33.9% | -13.5% |
| Market cap | $0.5B | – |
| P/E (trailing) | – | – |
| Dividend yield | 19.23% | 2.56% |
| Expense ratio | – | 0.03% |
| Assets under management | – | $314.9B |
| Sector / category | US Listed | ETF · International |
VEA is a Foreign Large Blend fund from Vanguard: $314.9B under management, 3769 holdings, a 0.03% expense ratio, a 2.56% trailing dividend yield.
Year-by-year returns
| Year | IFN | VEA |
|---|---|---|
| 2022 | -15.8% | -15.3% |
| 2023 | +36.5% | +17.9% |
| 2024 | -2.3% | +3.1% |
| 2025 | -3.0% | +35.2% |
| 2026 | -7.6% | +18.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IFN and VEA good diversifiers for each other?
Somewhat, no more. With 0.61 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between IFN and VEA?
As of 2026-08-27, the correlation of weekly returns between IFN and VEA is 0.61 over 3 years, 0.71 over 1 year and 0.66 over 5 years.
Is VEA a good diversifier for IFN?
Somewhat, no more. With 0.61 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.61 mean?
A reading of 0.61 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/ifn-vs-vea.json
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[](https://www.pairbook.io/pair/ifn-vs-vea/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: IFN correlations · VEA correlations
