LITE vs VTI: Correlation
Measured on weekly returns over the past three years, Lumentum (LITE) and Vanguard Total Stock Market ETF (VTI) carry a correlation of 0.54, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LITE and VTI?
Across a 3-year window, the weekly returns of LITE and VTI correlate at 0.54, moderate. The past 12 months show a weaker link (0.26) than the 3-year average (0.54). Stretching to 5 years gives 0.49, with an annualized covariance of 515.9 %².
Among the 34 assets we track against LITE, VTI ranks #15 by 3-year correlation. The last year tells two different stories: LITE led by 639.1 percentage points, +659.8% for LITE against +20.7% for VTI. Do not treat this figure as fixed: across three years the rolling one-year correlation ranged all the way from 0.17 to 0.81. One caveat on sizing: LITE is 4.5 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.
LITE vs VTI: side by side
| LITE (Lumentum) | VTI (Vanguard Total Stock Market ETF) | |
|---|---|---|
| 1-year return | +659.8% | +20.7% |
| 5-year return | +998.1% | +74.8% |
| Volatility (ann.) | 65.5% | 14.6% |
| Beta vs S&P 500 | 2.36 | 1.01 |
| Max drawdown (3Y) | -50.6% | -19.3% |
| Market cap | $85.8B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 1.06% |
| Expense ratio | – | 0.03% |
| Assets under management | – | $2,290.0B |
| Sector / category | Information Technology | ETF · US Large Cap |
VTI, Vanguard's Large Blend fund, carries $2,290.0B under management, 3140 holdings, a 0.03% expense ratio, a 1.06% trailing dividend yield.
Year-by-year returns
| Year | LITE | VTI |
|---|---|---|
| 2022 | -50.7% | -19.5% |
| 2023 | +0.5% | +26.0% |
| 2024 | +60.1% | +23.8% |
| 2025 | +339.1% | +17.1% |
| 2026 | +159.4% | +14.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Fund exposure
LITE represents 0.08% of VTI's portfolio, so part of any move in VTI is LITE itself, and the correlation between them is partly mechanical.
Are LITE and VTI good diversifiers for each other?
Somewhat, no more. With 0.54 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between LITE and VTI?
Using weekly returns as of 2026-08-27: 0.54 over 3 years, with 0.26 over the last year and 0.49 over 5 years.
Is VTI a good diversifier for LITE?
Somewhat, no more. With 0.54 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.54 mean?
A reading of 0.54 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/lite-vs-vti.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/lite-vs-vti/)
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Related comparisons
Hubs: LITE correlations · VTI correlations
