URI vs VTV: Correlation
United Rentals (URI) and Vanguard Value ETF (VTV) show a strong relationship: their 3-year correlation of weekly returns is 0.62.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are URI and VTV?
Over the past 3 years, URI and VTV moved with a correlation of 0.62, which is strong. The link has loosened recently: the 1-year correlation (0.37) runs below the 3-year figure (0.62). Over 5 years the correlation is 0.64, and the annualized covariance of weekly returns is 292.5 %².
By 3-year correlation, VTV places #15 of the 37 assets tracked against URI. Correlation aside, the last 12 months split them widely, with VTV ahead by 15.5 points (+10.2% versus +25.7%). Across three years, the rolling one-year figure varied moderately, from 0.34 to 0.80. One caveat on sizing: URI is 3.3 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.
URI vs VTV: side by side
| URI (United Rentals) | VTV (Vanguard Value ETF) | |
|---|---|---|
| 1-year return | +10.2% | +25.7% |
| 5-year return | +204.1% | +79.1% |
| Volatility (ann.) | 39.5% | 11.9% |
| Beta vs S&P 500 | 1.42 | 0.65 |
| Max drawdown (3Y) | -37.0% | -14.5% |
| Market cap | $64.6B | – |
| P/E (trailing) | 25.4 | – |
| Dividend yield | 0.71% | 1.86% |
| Expense ratio | – | 0.03% |
| Assets under management | – | $256.4B |
| Sector / category | Industrials | ETF · US Style |
On the fund side, VTV sits in the Large Value category at Vanguard, with $256.4B under management, 308 holdings, a 0.03% expense ratio, a 1.86% trailing dividend yield.
Year-by-year returns
| Year | URI | VTV |
|---|---|---|
| 2022 | +7.0% | -2.1% |
| 2023 | +63.6% | +9.3% |
| 2024 | +24.0% | +16.0% |
| 2025 | +15.9% | +15.3% |
| 2026 | +29.0% | +19.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Fund exposure
URI represents 0.25% of VTV's portfolio, so part of any move in VTV is URI itself, and the correlation between them is partly mechanical.
Are URI and VTV good diversifiers for each other?
Somewhat, no more. With 0.62 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between URI and VTV?
The URI/VTV correlation stands at 0.62 on a 3-year window (1 year: 0.37, 5 years: 0.64), computed from weekly returns as of 2026-08-27.
Is VTV a good diversifier for URI?
Somewhat, no more. With 0.62 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.62 mean?
A reading of 0.62 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/uri-vs-vtv.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/uri-vs-vtv/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: URI correlations · VTV correlations
