UTF vs VZ: Correlation
Measured on weekly returns over the past three years, Cohen & Steers Infrastructure Fund, Inc (UTF) and Verizon (VZ) carry a correlation of 0.41, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are UTF and VZ?
On 3 years of weekly data the UTF/VZ correlation comes out at 0.41, moderate. The past 12 months show a weaker link (0.29) than the 3-year average (0.41). The 5-year figure is 0.41, and annualized covariance runs at 162.6 %².
By 3-year correlation, VZ places #12 of the 19 assets tracked against UTF. On 12-month performance VZ holds a 8.8-point edge, +10.5% against +19.3%.
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.
UTF vs VZ: side by side
| UTF (Cohen & Steers Infrastructure Fund, Inc) | VZ (Verizon) | |
|---|---|---|
| 1-year return | +10.5% | +19.3% |
| 5-year return | +35.3% | +23.8% |
| Volatility (ann.) | 17.3% | 22.9% |
| Beta vs S&P 500 | 0.36 | 0.15 |
| Max drawdown (3Y) | -15.0% | -17.0% |
| Market cap | – | $205.4B |
| P/E (trailing) | 6.9 | 12.9 |
| Dividend yield | 6.81% | 5.57% |
| Sector / category | US Listed | Communication Services |
Year-by-year returns
| Year | UTF | VZ |
|---|---|---|
| 2022 | -9.7% | -20.0% |
| 2023 | -4.0% | +2.7% |
| 2024 | +22.2% | +13.1% |
| 2025 | +8.0% | +8.9% |
| 2026 | +18.5% | +27.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are UTF and VZ good diversifiers for each other?
Reasonably. At 0.41, UTF and VZ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between UTF and VZ?
As of 2026-08-27, the correlation of weekly returns between UTF and VZ is 0.41 over 3 years, 0.29 over 1 year and 0.41 over 5 years.
Is VZ a good diversifier for UTF?
Reasonably. At 0.41, UTF and VZ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.41 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/utf-vs-vz.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/utf-vs-vz/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: UTF correlations · VZ correlations
