MPWR vs VT: Correlation
Monolithic Power Systems (MPWR) and Vanguard Total World Stock ETF (VT) show a strong relationship: their 3-year correlation of weekly returns is 0.67.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MPWR and VT?
On 3 years of weekly data the MPWR/VT correlation comes out at 0.67, strong. The relationship has been stable: the 1-year correlation (0.61) sits close to the 3-year figure. The 5-year figure is 0.65, and annualized covariance runs at 447.4 %².
Within MPWR's tracked universe of 41 assets, VT comes in at #13 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months MPWR outperformed by 29.7 percentage points (+52.4% for MPWR against +22.7% for VT). The rolling one-year correlation stayed in a tight band between 0.54 and 0.77 over the past three years, which points to a structural rather than episodic relationship. Note the risk asymmetry: MPWR runs 3.5 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.
MPWR vs VT: side by side
| MPWR (Monolithic Power Systems) | VT (Vanguard Total World Stock ETF) | |
|---|---|---|
| 1-year return | +52.4% | +22.7% |
| 5-year return | +170.3% | +67.7% |
| Volatility (ann.) | 48.1% | 13.9% |
| Beta vs S&P 500 | 2.22 | 0.92 |
| Max drawdown (3Y) | -51.6% | -16.5% |
| Market cap | $64.4B | – |
| P/E (trailing) | 79.4 | – |
| Dividend yield | 0.55% | 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 | MPWR | VT |
|---|---|---|
| 2022 | -27.8% | -18.0% |
| 2023 | +79.8% | +22.0% |
| 2024 | -5.6% | +16.5% |
| 2025 | +54.5% | +22.4% |
| 2026 | +45.2% | +15.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Fund exposure
MPWR represents 0.06% of VT's portfolio, so part of any move in VT is MPWR itself, and the correlation between them is partly mechanical.
Are MPWR and VT good diversifiers for each other?
Only partially. A correlation of 0.67 means MPWR and VT share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between MPWR and VT?
Using weekly returns as of 2026-08-27: 0.67 over 3 years, with 0.61 over the last year and 0.65 over 5 years.
Is VT a good diversifier for MPWR?
Only partially. A correlation of 0.67 means MPWR and VT share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.67 mean?
On the −1 to +1 scale, 0.67 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/mpwr-vs-vt.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/mpwr-vs-vt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MPWR correlations · VT correlations
