PHIN vs VTV: Correlation
How closely do PHINIA Inc. (PHIN) and Vanguard Value ETF (VTV) trade together? Their weekly returns over three years give a correlation of 0.64, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PHIN and VTV?
Over the past 3 years, PHIN and VTV moved with a correlation of 0.64, which is strong. Lately the two have drifted apart, with the 1-year correlation at 0.53 versus 0.64 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 252.3 %².
By 3-year correlation, VTV places #4 of the 12 assets tracked against PHIN. Over the last 12 months VTV came out ahead by 8.8 percentage points (+16.9% against +25.7%). Risk is not evenly split, since PHIN carries 2.8 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.
PHIN vs VTV: side by side
| PHIN (PHINIA Inc.) | VTV (Vanguard Value ETF) | |
|---|---|---|
| 1-year return | +16.9% | +25.7% |
| 5-year return | n/a | +79.1% |
| Volatility (ann.) | 33.0% | 11.9% |
| Beta vs S&P 500 | 1.01 | 0.65 |
| Max drawdown (3Y) | -32.9% | -14.5% |
| Market cap | $2.5B | – |
| P/E (trailing) | 20.1 | – |
| Dividend yield | 1.63% | 1.86% |
| Expense ratio | – | 0.03% |
| Assets under management | – | $256.4B |
| Sector / category | US Listed | ETF · US Style |
On the fund side, VTV sits in the Large Value category at Vanguard, with $256.4B under management, 308 holdings, a 0.03% expense ratio, a 1.86% trailing dividend yield.
Year-by-year returns
| Year | PHIN | VTV |
|---|---|---|
| 2022 | – | -2.1% |
| 2023 | – | +9.3% |
| 2024 | +62.7% | +16.0% |
| 2025 | +33.0% | +15.3% |
| 2026 | +9.5% | +19.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PHIN and VTV good diversifiers for each other?
To a limited degree. At 0.64 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 PHIN and VTV?
The PHIN/VTV correlation stands at 0.64 on a 3-year window (1 year: 0.53, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is VTV a good diversifier for PHIN?
To a limited degree. At 0.64 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 0.64 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/phin-vs-vtv.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/phin-vs-vtv/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: PHIN correlations · VTV correlations
