TROW vs VTI: Correlation
T. Rowe Price (TROW) and Vanguard Total Stock Market ETF (VTI) show a strong relationship: their 3-year correlation of weekly returns is 0.69.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TROW and VTI?
On 3 years of weekly data the TROW/VTI correlation comes out at 0.69, strong. Lately the two have drifted apart, with the 1-year correlation at 0.41 versus 0.69 over 3 years. The 5-year figure is 0.75, and annualized covariance runs at 238.6 %².
Among the 46 assets we track against TROW, VTI ranks #4 by 3-year correlation. Over the last 12 months VTI came out ahead by 12.6 percentage points (+8.1% against +20.7%). On a rolling one-year basis the correlation drifted between 0.43 and 0.84, a moderate band. Note the risk asymmetry: TROW runs 1.6 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.
TROW vs VTI: side by side
| TROW (T. Rowe Price) | VTI (Vanguard Total Stock Market ETF) | |
|---|---|---|
| 1-year return | +8.1% | +20.7% |
| 5-year return | -37.0% | +74.8% |
| Volatility (ann.) | 23.5% | 14.6% |
| Beta vs S&P 500 | 1.10 | 1.01 |
| Max drawdown (3Y) | -34.0% | -19.3% |
| Market cap | $24.0B | – |
| P/E (trailing) | 11.3 | – |
| Dividend yield | 4.57% | 1.06% |
| Expense ratio | – | 0.03% |
| Assets under management | – | $2,290.0B |
| Sector / category | Financials | ETF · US Large Cap |
VTI, Vanguard's Large Blend fund, carries $2,290.0B under management, 3140 holdings, a 0.03% expense ratio, a 1.06% trailing dividend yield.
Year-by-year returns
| Year | TROW | VTI |
|---|---|---|
| 2022 | -42.2% | -19.5% |
| 2023 | +3.4% | +26.0% |
| 2024 | +9.7% | +23.8% |
| 2025 | -4.7% | +17.1% |
| 2026 | +12.7% | +14.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TROW and VTI good diversifiers for each other?
Only partially. A correlation of 0.69 means TROW and VTI share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between TROW and VTI?
The TROW/VTI correlation stands at 0.69 on a 3-year window (1 year: 0.41, 5 years: 0.75), computed from weekly returns as of 2026-08-27.
Is VTI a good diversifier for TROW?
Only partially. A correlation of 0.69 means TROW and VTI share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.69 mean?
On the −1 to +1 scale, 0.69 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/trow-vs-vti.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/trow-vs-vti/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: TROW correlations · VTI correlations
