MCHP vs VT: Correlation
Measured on weekly returns over the past three years, Microchip Technology (MCHP) and Vanguard Total World Stock ETF (VT) carry a correlation of 0.64, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MCHP and VT?
Across a 3-year window, the weekly returns of MCHP and VT correlate at 0.64, strong. The relationship has been stable: the 1-year correlation (0.65) sits close to the 3-year figure. Stretching to 5 years gives 0.66, with an annualized covariance of 416.7 %².
Within MCHP's tracked universe of 44 assets, VT comes in at #16 by 3-year correlation. Over the last 12 months VT came out ahead by 6.5 percentage points (+16.2% against +22.7%). The link looks structural: the rolling one-year correlation barely moved, holding between 0.52 and 0.75. Risk is not evenly split, since MCHP carries 3.4 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.
MCHP vs VT: side by side
| MCHP (Microchip Technology) | VT (Vanguard Total World Stock ETF) | |
|---|---|---|
| 1-year return | +16.2% | +22.7% |
| 5-year return | +5.9% | +67.7% |
| Volatility (ann.) | 46.7% | 13.9% |
| Beta vs S&P 500 | 1.97 | 0.92 |
| Max drawdown (3Y) | -63.8% | -16.5% |
| Market cap | $41.0B | – |
| P/E (trailing) | 109.4 | – |
| Dividend yield | 2.46% | 1.59% |
| Expense ratio | – | 0.06% |
| Assets under management | – | $97.9B |
| Sector / category | Information Technology | ETF · Global |
VT is a Global Large-Stock Blend fund from Vanguard: $97.9B under management, 5308 holdings, a 0.06% expense ratio, a 1.59% trailing dividend yield.
Year-by-year returns
| Year | MCHP | VT |
|---|---|---|
| 2022 | -18.0% | -18.0% |
| 2023 | +30.9% | +22.0% |
| 2024 | -35.0% | +16.5% |
| 2025 | +14.6% | +22.4% |
| 2026 | +20.5% | +15.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MCHP and VT good diversifiers for each other?
Somewhat, no more. With 0.64 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between MCHP and VT?
Using weekly returns as of 2026-08-27: 0.64 over 3 years, with 0.65 over the last year and 0.66 over 5 years.
Is VT a good diversifier for MCHP?
Somewhat, no more. With 0.64 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.64 mean?
A reading of 0.64 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/mchp-vs-vt.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/mchp-vs-vt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MCHP correlations · VT correlations
