TITN vs VYM: Correlation
Measured on weekly returns over the past three years, Titan Machinery Inc. (TITN) and Vanguard High Dividend Yield ETF (VYM) carry a correlation of 0.56, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TITN and VYM?
Across a 3-year window, the weekly returns of TITN and VYM correlate at 0.56, moderate. The link has loosened recently: the 1-year correlation (0.46) runs below the 3-year figure (0.56). Stretching to 5 years gives 0.51, with an annualized covariance of 334.0 %².
VYM is one of the assets that tracks TITN most closely: it ranks #3 out of the 10 assets we track against TITN. Their recent paths diverged sharply: over the last 12 months VYM outperformed by 33.4 percentage points (-12.3% for TITN against +21.1% for VYM). One caveat on sizing: TITN is 4.0 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.
TITN vs VYM: side by side
| TITN (Titan Machinery Inc.) | VYM (Vanguard High Dividend Yield ETF) | |
|---|---|---|
| 1-year return | -12.3% | +21.1% |
| 5-year return | -35.8% | +76.6% |
| Volatility (ann.) | 48.9% | 12.3% |
| Beta vs S&P 500 | 1.27 | 0.69 |
| Max drawdown (3Y) | -58.5% | -14.5% |
| Market cap | $0.4B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 2.24% |
| Expense ratio | – | 0.04% |
| Assets under management | – | $99.2B |
| Sector / category | US Listed | ETF · Dividend |
VYM, Vanguard's Large Value fund, carries $99.2B under management, 604 holdings, a 0.04% expense ratio, a 2.24% trailing dividend yield.
Year-by-year returns
| Year | TITN | VYM |
|---|---|---|
| 2022 | +17.9% | -0.4% |
| 2023 | -27.3% | +6.6% |
| 2024 | -51.1% | +17.6% |
| 2025 | +6.4% | +15.4% |
| 2026 | +22.5% | +15.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TITN and VYM good diversifiers for each other?
To a limited degree. At 0.56 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 TITN and VYM?
As of 2026-08-27, the correlation of weekly returns between TITN and VYM is 0.56 over 3 years, 0.46 over 1 year and 0.51 over 5 years.
Is VYM a good diversifier for TITN?
To a limited degree. At 0.56 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 0.56 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.
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Related comparisons
Hubs: TITN correlations · VYM correlations
