MACI vs VUG: Correlation
How closely do Melar Acquisition Corp. I - Class A (MACI) and Vanguard Growth ETF (VUG) trade together? Their weekly returns over three years give a correlation of -0.18, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MACI and VUG?
Over the past 3 years, MACI and VUG moved with a correlation of -0.18, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.23 over 1 year against -0.18 over 3. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -7.5 %².
By 3-year correlation, VUG places #27 of the 71 assets tracked against MACI. On 12-month performance VUG holds a 11.8-point edge, +4.4% against +16.2%. Risk is not evenly split, since VUG carries 9.2 times the volatility of the other side.
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.
MACI vs VUG: side by side
| MACI (Melar Acquisition Corp. I - Class A) | VUG (Vanguard Growth ETF) | |
|---|---|---|
| 1-year return | +4.4% | +16.2% |
| 5-year return | n/a | +78.4% |
| Volatility (ann.) | 2.1% | 19.4% |
| Beta vs S&P 500 | -0.03 | 1.28 |
| Max drawdown (3Y) | -2.0% | -22.8% |
| Market cap | $0.2B | – |
| P/E (trailing) | 60.9 | – |
| Dividend yield | 0.00% | 0.40% |
| Expense ratio | – | 0.03% |
| Assets under management | – | $372.0B |
| Sector / category | US Listed | ETF · US Style |
VUG, Vanguard's Large Growth fund, carries $372.0B under management, 146 holdings, a 0.03% expense ratio, a 0.40% trailing dividend yield.
Year-by-year returns
| Year | MACI | VUG |
|---|---|---|
| 2022 | – | -33.2% |
| 2023 | – | +46.8% |
| 2024 | – | +32.7% |
| 2025 | +5.7% | +19.4% |
| 2026 | +3.1% | +9.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MACI and VUG good diversifiers for each other?
By historical standards, yes. A correlation of -0.18 means the two rarely move for the same reasons.
FAQ
What is the correlation between MACI and VUG?
The MACI/VUG correlation stands at -0.18 on a 3-year window (1 year: -0.23, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is VUG a good diversifier for MACI?
By historical standards, yes. A correlation of -0.18 means the two rarely move for the same reasons.
What does a correlation of -0.18 mean?
A reading of -0.18 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
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Related comparisons
Hubs: MACI correlations · VUG correlations
