IVV vs META: Correlation
iShares Core S&P 500 ETF (IVV) and Meta Platforms (META) show a moderate relationship: their 3-year correlation of weekly returns is 0.57.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IVV and META?
Over the past 3 years, IVV and META moved with a correlation of 0.57, which is moderate. Little has changed lately, as the 1-year reading of 0.63 lands near the 3-year figure. Over 5 years the correlation is 0.53, and the annualized covariance of weekly returns is 305.3 %².
By 3-year correlation, META places #71 of the 122 assets tracked against IVV. Their recent paths diverged sharply: over the last 12 months IVV outperformed by 44.0 percentage points (+20.7% for IVV against -23.3% for META). Across three years, the rolling one-year figure varied moderately, from 0.32 to 0.73. Note the risk asymmetry: META runs 2.5 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
IVV vs META: side by side
| IVV (iShares Core S&P 500 ETF) | META (Meta Platforms) | |
|---|---|---|
| 1-year return | +20.7% | -23.3% |
| 5-year return | +83.0% | +51.3% |
| Volatility (ann.) | 14.5% | 36.9% |
| Beta vs S&P 500 | 1.00 | 1.45 |
| Max drawdown (3Y) | -18.8% | -34.2% |
| Market cap | – | $1,454.9B |
| P/E (trailing) | – | 21.7 |
| Dividend yield | 1.09% | 0.36% |
| Expense ratio | 0.03% | – |
| Assets under management | $869.2B | – |
| Sector / category | ETF · US Large Cap | Communication Services |
IVV, iShares's Large Blend fund, carries $869.2B under management, 503 holdings, a 0.03% expense ratio, a 1.09% trailing dividend yield.
Year-by-year returns
| Year | IVV | META |
|---|---|---|
| 2022 | -18.2% | -64.2% |
| 2023 | +26.3% | +194.1% |
| 2024 | +24.9% | +66.0% |
| 2025 | +17.8% | +13.1% |
| 2026 | +13.7% | -13.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Fund exposure
Keep in mind that IVV holds META at a 1.91% weight, which makes a slice of this correlation mechanical rather than coincidental.
Are IVV and META good diversifiers for each other?
Only partially. A correlation of 0.57 means IVV and META share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between IVV and META?
The IVV/META correlation stands at 0.57 on a 3-year window (1 year: 0.63, 5 years: 0.53), computed from weekly returns as of 2026-08-27.
Is META a good diversifier for IVV?
Only partially. A correlation of 0.57 means IVV and META share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.57 mean?
A reading of 0.57 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/ivv-vs-meta.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ivv-vs-meta/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: IVV correlations · META correlations
