IVV vs ORCL: Correlation
Measured on weekly returns over the past three years, iShares Core S&P 500 ETF (IVV) and Oracle Corporation (ORCL) carry a correlation of 0.50, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IVV and ORCL?
Across a 3-year window, the weekly returns of IVV and ORCL correlate at 0.50, moderate. Recent behaviour matches the longer record: 0.49 over 1 year against 0.50 over 3. Stretching to 5 years gives 0.52, with an annualized covariance of 358.8 %².
By 3-year correlation, ORCL places #93 of the 122 assets tracked against IVV. Correlation aside, the last 12 months split them widely, with IVV ahead by 55.5 points (+20.7% versus -34.8%). On a rolling one-year basis the correlation drifted between 0.36 and 0.74, a moderate band. One caveat on sizing: ORCL is 3.4 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.
IVV vs ORCL: side by side
| IVV (iShares Core S&P 500 ETF) | ORCL (Oracle Corporation) | |
|---|---|---|
| 1-year return | +20.7% | -34.8% |
| 5-year return | +83.0% | +81.7% |
| Volatility (ann.) | 14.5% | 49.9% |
| Beta vs S&P 500 | 1.00 | 1.71 |
| Max drawdown (3Y) | -18.8% | -64.6% |
| Market cap | – | $437.7B |
| P/E (trailing) | – | 25.5 |
| Dividend yield | 1.09% | 1.34% |
| Expense ratio | 0.03% | – |
| Assets under management | $869.2B | – |
| Sector / category | ETF · US Large Cap | Information Technology |
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 | IVV | ORCL |
|---|---|---|
| 2022 | -18.2% | -4.6% |
| 2023 | +26.3% | +30.9% |
| 2024 | +24.9% | +60.0% |
| 2025 | +17.8% | +18.1% |
| 2026 | +13.7% | -21.3% |
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 ORCL at a 0.38% weight, which makes a slice of this correlation mechanical rather than coincidental.
Are IVV and ORCL good diversifiers for each other?
Somewhat, no more. With 0.50 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between IVV and ORCL?
As of 2026-08-27, the correlation of weekly returns between IVV and ORCL is 0.50 over 3 years, 0.49 over 1 year and 0.52 over 5 years.
Is ORCL a good diversifier for IVV?
Somewhat, no more. With 0.50 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.50 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.
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Related comparisons
Hubs: IVV correlations · ORCL correlations
