SNX vs VT: Correlation
How closely do TD SYNNEX Corporation (SNX) and Vanguard Total World Stock ETF (VT) trade together? Their weekly returns over three years give a correlation of 0.55, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SNX and VT?
Across a 3-year window, the weekly returns of SNX and VT correlate at 0.55, moderate. Recent behaviour matches the longer record: 0.46 over 1 year against 0.55 over 3. Stretching to 5 years gives 0.60, with an annualized covariance of 237.2 %².
Within SNX's tracked universe of 14 assets, VT comes in at #4 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months SNX outperformed by 53.5 percentage points (+76.2% for SNX against +22.7% for VT). One caveat on sizing: SNX is 2.3 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
SNX vs VT: side by side
| SNX (TD SYNNEX Corporation) | VT (Vanguard Total World Stock ETF) | |
|---|---|---|
| 1-year return | +76.2% | +22.7% |
| 5-year return | +114.5% | +67.7% |
| Volatility (ann.) | 31.3% | 13.9% |
| Beta vs S&P 500 | 1.15 | 0.92 |
| Max drawdown (3Y) | -33.8% | -16.5% |
| Market cap | – | – |
| P/E (trailing) | 18.6 | – |
| Dividend yield | 0.74% | 1.59% |
| Expense ratio | – | 0.06% |
| Assets under management | – | $97.9B |
| Sector / category | US Listed | 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 | SNX | VT |
|---|---|---|
| 2022 | -16.1% | -18.0% |
| 2023 | +15.3% | +22.0% |
| 2024 | +10.5% | +16.5% |
| 2025 | +29.8% | +22.4% |
| 2026 | +74.5% | +15.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SNX and VT good diversifiers for each other?
Only partially. A correlation of 0.55 means SNX 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 SNX and VT?
Using weekly returns as of 2026-08-27: 0.55 over 3 years, with 0.46 over the last year and 0.60 over 5 years.
Is VT a good diversifier for SNX?
Only partially. A correlation of 0.55 means SNX 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 0.55 mean?
A reading of 0.55 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/snx-vs-vt.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/snx-vs-vt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: SNX correlations · VT correlations
