STT vs VSXY: Correlation
How closely do State Street Corporation (STT) and Victorias Secret & Co. (VSXY) trade together? Their weekly returns over three years give a correlation of 0.48, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are STT and VSXY?
Over the past 3 years, STT and VSXY moved with a correlation of 0.48, which is moderate. Recent behaviour matches the longer record: 0.41 over 1 year against 0.48 over 3. Over 5 years the correlation is 0.44, and the annualized covariance of weekly returns is 818.5 %².
Within STT's tracked universe of 32 assets, VSXY comes in at #22 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months VSXY outperformed by 221.1 percentage points (+72.7% for STT against +293.8% for VSXY). One caveat on sizing: VSXY is 3.2 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.
STT vs VSXY: side by side
| STT (State Street Corporation) | VSXY (Victorias Secret & Co.) | |
|---|---|---|
| 1-year return | +72.7% | +293.8% |
| 5-year return | +144.9% | +34.1% |
| Volatility (ann.) | 22.9% | 74.0% |
| Beta vs S&P 500 | 0.97 | 1.73 |
| Max drawdown (3Y) | -25.7% | -69.5% |
| Market cap | $53.1B | $7.1B |
| P/E (trailing) | 17.1 | 35.7 |
| Dividend yield | 1.74% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | STT | VSXY |
|---|---|---|
| 2022 | -13.8% | -35.6% |
| 2023 | +3.5% | -25.8% |
| 2024 | +30.2% | +56.1% |
| 2025 | +35.5% | +30.8% |
| 2026 | +52.6% | +65.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are STT and VSXY good diversifiers for each other?
A fair diversifier. At 0.48, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between STT and VSXY?
As of 2026-08-27, the correlation of weekly returns between STT and VSXY is 0.48 over 3 years, 0.41 over 1 year and 0.44 over 5 years.
Is VSXY a good diversifier for STT?
A fair diversifier. At 0.48, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.48 mean?
On the −1 to +1 scale, 0.48 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/stt-vs-vsxy.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/stt-vs-vsxy/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: STT correlations · VSXY correlations
