NFLX vs VTI: Correlation
Netflix (NFLX) and Vanguard Total Stock Market ETF (VTI) show a moderate relationship: their 3-year correlation of weekly returns is 0.41.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NFLX and VTI?
Over the past 3 years, NFLX and VTI moved with a correlation of 0.41, which is moderate. The past 12 months show a weaker link (0.09) than the 3-year average (0.41). Over 5 years the correlation is 0.53, and the annualized covariance of weekly returns is 210.9 %².
Within NFLX's tracked universe of 33 assets, VTI comes in at #17 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months VTI outperformed by 55.4 percentage points (-34.7% for NFLX against +20.7% for VTI). The relationship is regime-dependent: the rolling one-year correlation swung between 0.08 and 0.72 over the past three years, so this pair behaves very differently depending on the market environment. Risk is not evenly split, since NFLX carries 2.4 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.
NFLX vs VTI: side by side
| NFLX (Netflix) | VTI (Vanguard Total Stock Market ETF) | |
|---|---|---|
| 1-year return | -34.7% | +20.7% |
| 5-year return | +41.0% | +74.8% |
| Volatility (ann.) | 35.2% | 14.6% |
| Beta vs S&P 500 | 0.99 | 1.01 |
| Max drawdown (3Y) | -49.5% | -19.3% |
| Market cap | $332.4B | – |
| P/E (trailing) | 25.7 | – |
| Dividend yield | 0.00% | 1.06% |
| Expense ratio | – | 0.03% |
| Assets under management | – | $2,290.0B |
| Sector / category | Communication Services | 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 | NFLX | VTI |
|---|---|---|
| 2022 | -51.1% | -19.5% |
| 2023 | +65.1% | +26.0% |
| 2024 | +83.1% | +23.8% |
| 2025 | +5.2% | +17.1% |
| 2026 | -14.8% | +14.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Fund exposure
A structural note: 0.42% of VTI is NFLX itself, so the fund partly moves with the stock by construction.
Are NFLX and VTI good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.41 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between NFLX and VTI?
Using weekly returns as of 2026-08-27: 0.41 over 3 years, with 0.09 over the last year and 0.53 over 5 years.
Is VTI a good diversifier for NFLX?
Yes, to a useful degree: a correlation of 0.41 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.41 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/nflx-vs-vti.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/nflx-vs-vti/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: NFLX correlations · VTI correlations
