SYK vs VIG: Correlation
How closely do Stryker Corporation (SYK) and Vanguard Dividend Appreciation ETF (VIG) 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 SYK and VIG?
On 3 years of weekly data the SYK/VIG correlation comes out at 0.50, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.38 versus 0.50 over 3 years. The 5-year figure is 0.62, and annualized covariance runs at 126.6 %².
Within SYK's tracked universe of 38 assets, VIG comes in at #8 by 3-year correlation. Correlation aside, the last 12 months split them widely, with VIG ahead by 34.3 points (-17.2% versus +17.1%). On a rolling one-year basis the correlation drifted between 0.35 and 0.71, a moderate band. One caveat on sizing: SYK is 1.8 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.
SYK vs VIG: side by side
| SYK (Stryker Corporation) | VIG (Vanguard Dividend Appreciation ETF) | |
|---|---|---|
| 1-year return | -17.2% | +17.1% |
| 5-year return | +23.8% | +64.0% |
| Volatility (ann.) | 21.5% | 11.9% |
| Beta vs S&P 500 | 0.61 | 0.74 |
| Max drawdown (3Y) | -29.4% | -15.0% |
| Market cap | $123.6B | – |
| P/E (trailing) | 34.1 | – |
| Dividend yield | 1.06% | 1.50% |
| Expense ratio | – | 0.04% |
| Assets under management | – | $130.9B |
| Sector / category | Health Care | ETF · Dividend |
VIG, Vanguard's Large Blend fund, carries $130.9B under management, 333 holdings, a 0.04% expense ratio, a 1.50% trailing dividend yield.
Year-by-year returns
| Year | SYK | VIG |
|---|---|---|
| 2022 | -7.4% | -9.8% |
| 2023 | +23.8% | +14.5% |
| 2024 | +21.3% | +17.0% |
| 2025 | -1.5% | +14.2% |
| 2026 | -7.9% | +11.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Fund exposure
A structural note: 0.49% of VIG is SYK itself, so the fund partly moves with the stock by construction.
Are SYK and VIG 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 SYK and VIG?
As of 2026-08-27, the correlation of weekly returns between SYK and VIG is 0.50 over 3 years, 0.38 over 1 year and 0.62 over 5 years.
Is VIG a good diversifier for SYK?
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?
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/syk-vs-vig.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/syk-vs-vig/)
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Related comparisons
Hubs: SYK correlations · VIG correlations
