TDY vs VIG: Correlation
Teledyne Technologies (TDY) and Vanguard Dividend Appreciation ETF (VIG) show a moderate relationship: their 3-year correlation of weekly returns is 0.58.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TDY and VIG?
Over the past 3 years, TDY and VIG moved with a correlation of 0.58, which is moderate. The relationship has been stable: the 1-year correlation (0.48) sits close to the 3-year figure. Over 5 years the correlation is 0.66, and the annualized covariance of weekly returns is 152.0 %².
By 3-year correlation, VIG places #7 of the 35 assets tracked against TDY. Their 12-month results are close: +15.7% for TDY against +17.1% for VIG. Across three years, the rolling one-year figure varied moderately, from 0.41 to 0.75. Note the risk asymmetry: TDY runs 1.8 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
TDY vs VIG: side by side
| TDY (Teledyne Technologies) | VIG (Vanguard Dividend Appreciation ETF) | |
|---|---|---|
| 1-year return | +15.7% | +17.1% |
| 5-year return | +36.5% | +64.0% |
| Volatility (ann.) | 22.0% | 11.9% |
| Beta vs S&P 500 | 0.76 | 0.74 |
| Max drawdown (3Y) | -18.8% | -15.0% |
| Market cap | $29.0B | – |
| P/E (trailing) | 30.7 | – |
| Dividend yield | 0.00% | 1.50% |
| Expense ratio | – | 0.04% |
| Assets under management | – | $130.9B |
| Sector / category | Information Technology | 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 | TDY | VIG |
|---|---|---|
| 2022 | -8.5% | -9.8% |
| 2023 | +11.6% | +14.5% |
| 2024 | +4.0% | +17.0% |
| 2025 | +10.0% | +14.2% |
| 2026 | +22.7% | +11.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TDY and VIG good diversifiers for each other?
To a limited degree. At 0.58 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 TDY and VIG?
As of 2026-08-27, the correlation of weekly returns between TDY and VIG is 0.58 over 3 years, 0.48 over 1 year and 0.66 over 5 years.
Is VIG a good diversifier for TDY?
To a limited degree. At 0.58 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 0.58 mean?
On the −1 to +1 scale, 0.58 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/tdy-vs-vig.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/tdy-vs-vig/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: TDY correlations · VIG correlations
