SPY vs VAC: Correlation
SPDR S&P 500 ETF Trust (SPY) and Marriott Vacations Worldwide Corporation (VAC) show a moderate relationship: their 3-year correlation of weekly returns is 0.45.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SPY and VAC?
On 3 years of weekly data the SPY/VAC correlation comes out at 0.45, moderate. Little has changed lately, as the 1-year reading of 0.38 lands near the 3-year figure. The 5-year figure is 0.51, and annualized covariance runs at 302.1 %².
Among the 4755 assets we track against SPY, VAC ranks #749 by 3-year correlation. The last year tells two different stories: VAC led by 27.9 percentage points, +20.6% for SPY against +48.5% for VAC. Risk is not evenly split, since VAC carries 3.2 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.
SPY vs VAC: side by side
| SPY (SPDR S&P 500 ETF Trust) | VAC (Marriott Vacations Worldwide Corporation) | |
|---|---|---|
| 1-year return | +20.6% | +48.5% |
| 5-year return | +82.4% | -13.2% |
| Volatility (ann.) | 14.5% | 46.3% |
| Beta vs S&P 500 | 1.00 | 1.45 |
| Max drawdown (3Y) | -18.8% | -55.7% |
| Market cap | – | $3.8B |
| P/E (trailing) | – | – |
| Dividend yield | 1.01% | 2.78% |
| Expense ratio | 0.09% | – |
| Assets under management | $795.3B | – |
| Sector / category | ETF · US Large Cap | US Listed |
SPY is a Large Blend fund from State Street Investment Management: $795.3B under management, 504 holdings, a 0.09% expense ratio, a 1.01% trailing dividend yield.
Year-by-year returns
| Year | SPY | VAC |
|---|---|---|
| 2022 | -18.2% | -18.9% |
| 2023 | +26.2% | -35.2% |
| 2024 | +24.9% | +9.6% |
| 2025 | +17.7% | -32.7% |
| 2026 | +13.7% | +97.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SPY and VAC good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.45 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between SPY and VAC?
As of 2026-08-27, the correlation of weekly returns between SPY and VAC is 0.45 over 3 years, 0.38 over 1 year and 0.51 over 5 years.
Is VAC a good diversifier for SPY?
Yes, to a useful degree: a correlation of 0.45 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.45 mean?
On the −1 to +1 scale, 0.45 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/spy-vs-vac.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/spy-vs-vac/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: SPY correlations · VAC correlations
