VEA vs VTI: Correlation & Overlap
How closely do Vanguard FTSE Developed Markets ETF (VEA) and Vanguard Total Stock Market ETF (VTI) trade together? Their weekly returns over three years give a correlation of 0.77, which is strong. The two funds also share 1.7% of their portfolios by weight.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are VEA and VTI?
Across a 3-year window, the weekly returns of VEA and VTI correlate at 0.77, strong. Little has changed lately, as the 1-year reading of 0.77 lands near the 3-year figure. Stretching to 5 years gives 0.81, with an annualized covariance of 170.0 %².
Within VEA's tracked universe of 107 assets, VTI comes in at #19 by 3-year correlation. On 12-month performance VEA holds a 7.8-point edge, +28.5% against +20.7%. The link looks structural: the rolling one-year correlation barely moved, holding between 0.67 and 0.88.
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.
VEA vs VTI: side by side
| VEA (Vanguard FTSE Developed Markets ETF) | VTI (Vanguard Total Stock Market ETF) | |
|---|---|---|
| 1-year return | +28.5% | +20.7% |
| 5-year return | +63.5% | +74.8% |
| Volatility (ann.) | 15.1% | 14.6% |
| Beta vs S&P 500 | 0.79 | 1.01 |
| Max drawdown (3Y) | -13.5% | -19.3% |
| Dividend yield | 2.56% | 1.06% |
| Expense ratio | 0.03% | 0.03% |
| Assets under management | $314.9B | $2,290.0B |
| Sector / category | ETF · International | ETF · US Large Cap |
VEA, Vanguard's Foreign Large Blend fund, carries $314.9B under management, 3769 holdings, a 0.03% expense ratio, a 2.56% trailing dividend yield. 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.
Portfolio overlap between VEA and VTI
The two portfolios are largely distinct: 1.7% of the funds' weight sits in the same underlying holdings (180 common positions). Correlation tells you they move together; overlap tells you why.
| Common holding | Weight in VEA | Weight in VTI |
|---|---|---|
| BA | 0.26% | 0.24% |
| ALL | 0.08% | 0.09% |
| MRK | 0.07% | 0.45% |
| WCN | 0.13% | 0.06% |
| PRU | 0.13% | 0.06% |
| ROP | 0.97% | 0.06% |
| HBAN | 0.06% | 0.05% |
| EQT | 0.06% | 0.05% |
| SUNB | 0.09% | 0.04% |
| ADM | 0.04% | 0.05% |
| DG | 0.22% | 0.04% |
| PPL | 0.09% | 0.04% |
| DTE | 0.33% | 0.03% |
| HEIA | 0.08% | 0.03% |
| KEY | 0.03% | 0.03% |
Largest positions held only by VEA: 005930 (2.53%), ASML (2.00%), 000660 (1.98%), HSBA (1.15%), SAN (0.94%). Only by VTI: NVDA (6.42%), AAPL (6.31%), MSFT (4.80%), AMZN (3.66%), GOOGL (2.91%).
Overlap = sum of the smaller of the two weights across common holdings, from issuer disclosures as of 2026-07-31. Top 15 common positions shown.
Year-by-year returns
| Year | VEA | VTI |
|---|---|---|
| 2022 | -15.3% | -19.5% |
| 2023 | +17.9% | +26.0% |
| 2024 | +3.1% | +23.8% |
| 2025 | +35.2% | +17.1% |
| 2026 | +18.3% | +14.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are VEA and VTI good diversifiers for each other?
To a limited degree. At 0.77 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 VEA and VTI?
Using weekly returns as of 2026-08-27: 0.77 over 3 years, with 0.77 over the last year and 0.81 over 5 years.
Is VTI a good diversifier for VEA?
To a limited degree. At 0.77 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
How much do VEA and VTI overlap?
1.7% by weight, across 180 common holdings, based on issuer-disclosed portfolios as of 2026-07-31.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/vea-vs-vti.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/vea-vs-vti/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: VEA correlations · VTI correlations
