NFLX vs VUG: Correlation
Netflix (NFLX) and Vanguard Growth ETF (VUG) show a moderate relationship: their 3-year correlation of weekly returns is 0.42.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NFLX and VUG?
On 3 years of weekly data the NFLX/VUG correlation comes out at 0.42, moderate. The past 12 months show a weaker link (0.12) than the 3-year average (0.42). The 5-year figure is 0.55, and annualized covariance runs at 290.5 %².
Within NFLX's tracked universe of 33 assets, VUG comes in at #11 by 3-year correlation. The last year tells two different stories: VUG led by 50.9 percentage points, -34.7% for NFLX against +16.2% for VUG. Do not treat this figure as fixed: across three years the rolling one-year correlation ranged all the way from 0.11 to 0.72. Risk is not evenly split, since NFLX carries 1.8 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 VUG: side by side
| NFLX (Netflix) | VUG (Vanguard Growth ETF) | |
|---|---|---|
| 1-year return | -34.7% | +16.2% |
| 5-year return | +41.0% | +78.4% |
| Volatility (ann.) | 35.2% | 19.4% |
| Beta vs S&P 500 | 0.99 | 1.28 |
| Max drawdown (3Y) | -49.5% | -22.8% |
| Market cap | $332.4B | – |
| P/E (trailing) | 25.7 | – |
| Dividend yield | 0.00% | 0.40% |
| Expense ratio | – | 0.03% |
| Assets under management | – | $372.0B |
| Sector / category | Communication Services | 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 | NFLX | VUG |
|---|---|---|
| 2022 | -51.1% | -33.2% |
| 2023 | +65.1% | +46.8% |
| 2024 | +83.1% | +32.7% |
| 2025 | +5.2% | +19.4% |
| 2026 | -14.8% | +9.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Fund exposure
A structural note: 0.86% of VUG is NFLX itself, so the fund partly moves with the stock by construction.
Are NFLX and VUG good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.42 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between NFLX and VUG?
The NFLX/VUG correlation stands at 0.42 on a 3-year window (1 year: 0.12, 5 years: 0.55), computed from weekly returns as of 2026-08-27.
Is VUG a good diversifier for NFLX?
Yes, to a useful degree: a correlation of 0.42 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.42 mean?
On the −1 to +1 scale, 0.42 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/nflx-vs-vug.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/nflx-vs-vug/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: NFLX correlations · VUG correlations
