ORCL vs VOO: Correlation
How closely do Oracle Corporation (ORCL) and Vanguard S&P 500 ETF (VOO) trade together? Their weekly returns over three years give a correlation of 0.50, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ORCL and VOO?
Over the past 3 years, ORCL and VOO moved with a correlation of 0.50, which is moderate. The relationship has been stable: the 1-year correlation (0.49) sits close to the 3-year figure. Over 5 years the correlation is 0.52, and the annualized covariance of weekly returns is 356.8 %².
Among the 30 assets we track against ORCL, VOO ranks #13 by 3-year correlation. The last year tells two different stories: VOO led by 55.4 percentage points, -34.8% for ORCL against +20.6% for VOO. Across three years, the rolling one-year figure varied moderately, from 0.36 to 0.74. Risk is not evenly split, since ORCL carries 3.5 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.
ORCL vs VOO: side by side
| ORCL (Oracle Corporation) | VOO (Vanguard S&P 500 ETF) | |
|---|---|---|
| 1-year return | -34.8% | +20.6% |
| 5-year return | +81.7% | +83.0% |
| Volatility (ann.) | 49.9% | 14.4% |
| Beta vs S&P 500 | 1.71 | 0.99 |
| Max drawdown (3Y) | -64.6% | -18.7% |
| Market cap | $437.7B | – |
| P/E (trailing) | 25.5 | – |
| Dividend yield | 1.34% | 1.07% |
| Expense ratio | – | 0.03% |
| Assets under management | – | $1,686.9B |
| Sector / category | Information Technology | ETF · US Large Cap |
VOO, Vanguard's Large Blend fund, carries $1,686.9B under management, 503 holdings, a 0.03% expense ratio, a 1.07% trailing dividend yield.
Year-by-year returns
| Year | ORCL | VOO |
|---|---|---|
| 2022 | -4.6% | -18.2% |
| 2023 | +30.9% | +26.3% |
| 2024 | +60.0% | +25.0% |
| 2025 | +18.1% | +17.8% |
| 2026 | -21.3% | +13.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Fund exposure
ORCL represents 0.34% of VOO's portfolio, so part of any move in VOO is ORCL itself, and the correlation between them is partly mechanical.
Are ORCL and VOO good diversifiers for each other?
To a limited degree. At 0.50 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between ORCL and VOO?
Using weekly returns as of 2026-08-27: 0.50 over 3 years, with 0.49 over the last year and 0.52 over 5 years.
Is VOO a good diversifier for ORCL?
To a limited degree. At 0.50 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.50 mean?
On the −1 to +1 scale, 0.50 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/orcl-vs-voo.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/orcl-vs-voo/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ORCL correlations · VOO correlations
