TSLA vs VTI: Correlation
How closely do Tesla, Inc. (TSLA) and Vanguard Total Stock Market ETF (VTI) 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 TSLA and VTI?
Over the past 3 years, TSLA and VTI moved with a correlation of 0.50, which is moderate. Recent behaviour matches the longer record: 0.56 over 1 year against 0.50 over 3. Over 5 years the correlation is 0.54, and the annualized covariance of weekly returns is 394.5 %².
Among the 31 assets we track against TSLA, VTI ranks #13 by 3-year correlation. The last year tells two different stories: VTI led by 19.2 percentage points, +1.5% for TSLA against +20.7% for VTI. The rolling one-year correlation moved between 0.36 and 0.61 over the past three years, a moderate range. Note the risk asymmetry: TSLA runs 3.7 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.
TSLA vs VTI: side by side
| TSLA (Tesla, Inc.) | VTI (Vanguard Total Stock Market ETF) | |
|---|---|---|
| 1-year return | +1.5% | +20.7% |
| 5-year return | +45.6% | +74.8% |
| Volatility (ann.) | 53.9% | 14.6% |
| Beta vs S&P 500 | 1.87 | 1.01 |
| Max drawdown (3Y) | -53.8% | -19.3% |
| Market cap | $1,401.3B | – |
| P/E (trailing) | 322.6 | – |
| Dividend yield | 0.00% | 1.06% |
| Expense ratio | – | 0.03% |
| Assets under management | – | $2,290.0B |
| Sector / category | Consumer Discretionary | 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 | TSLA | VTI |
|---|---|---|
| 2022 | -65.0% | -19.5% |
| 2023 | +101.7% | +26.0% |
| 2024 | +62.5% | +23.8% |
| 2025 | +11.4% | +17.1% |
| 2026 | -21.1% | +14.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Fund exposure
A structural note: 1.22% of VTI is TSLA itself, so the fund partly moves with the stock by construction.
Are TSLA and VTI good diversifiers for each other?
Only partially. A correlation of 0.50 means TSLA 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 TSLA and VTI?
The TSLA/VTI correlation stands at 0.50 on a 3-year window (1 year: 0.56, 5 years: 0.54), computed from weekly returns as of 2026-08-27.
Is VTI a good diversifier for TSLA?
Only partially. A correlation of 0.50 means TSLA 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 0.50 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/tsla-vs-vti.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/tsla-vs-vti/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: TSLA correlations · VTI correlations
