MACI vs VVR: Correlation
Melar Acquisition Corp. I - Class A (MACI) and Invesco Senior Income Trust (VVR) show a negative relationship: their 3-year correlation of weekly returns is -0.31.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MACI and VVR?
Across a 3-year window, the weekly returns of MACI and VVR correlate at -0.31, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.12) runs above the 3-year figure (-0.31). Stretching to 5 years gives n/a, with an annualized covariance of -10.5 %².
Out of 71 assets tracked against MACI, VVR lands near the bottom at #69. On 12-month performance MACI holds a 12.7-point edge, +4.4% against -8.3%. Note the risk asymmetry: VVR runs 7.1 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.
MACI vs VVR: side by side
| MACI (Melar Acquisition Corp. I - Class A) | VVR (Invesco Senior Income Trust) | |
|---|---|---|
| 1-year return | +4.4% | -8.3% |
| 5-year return | n/a | +22.0% |
| Volatility (ann.) | 2.1% | 15.0% |
| Beta vs S&P 500 | -0.03 | 0.32 |
| Max drawdown (3Y) | -2.0% | -19.5% |
| Market cap | $0.2B | $0.4B |
| P/E (trailing) | 60.9 | 32.3 |
| Dividend yield | 0.00% | 15.51% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MACI | VVR |
|---|---|---|
| 2022 | – | -1.1% |
| 2023 | – | +20.9% |
| 2024 | – | +9.0% |
| 2025 | +5.7% | -6.2% |
| 2026 | +3.1% | -3.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MACI and VVR good diversifiers for each other?
Yes. With a correlation of -0.31, MACI and VVR have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between MACI and VVR?
As of 2026-08-27, the correlation of weekly returns between MACI and VVR is -0.31 over 3 years, 0.12 over 1 year and n/a over 5 years.
Is VVR a good diversifier for MACI?
Yes. With a correlation of -0.31, MACI and VVR have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.31 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/maci-vs-vvr.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/maci-vs-vvr/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: MACI correlations · VVR correlations
