VT vs WMG: Correlation
Measured on weekly returns over the past three years, Vanguard Total World Stock ETF (VT) and Warner Music Group Corp. (WMG) carry a correlation of 0.45, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are VT and WMG?
On 3 years of weekly data the VT/WMG correlation comes out at 0.45, moderate. The relationship has been stable: the 1-year correlation (0.46) sits close to the 3-year figure. The 5-year figure is 0.50, and annualized covariance runs at 191.1 %².
By 3-year correlation, WMG places #118 of the 136 assets tracked against VT. The last year tells two different stories: VT led by 37.4 percentage points, +22.7% for VT against -14.7% for WMG. Risk is not evenly split, since WMG carries 2.2 times the volatility of the other side.
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.
VT vs WMG: side by side
| VT (Vanguard Total World Stock ETF) | WMG (Warner Music Group Corp.) | |
|---|---|---|
| 1-year return | +22.7% | -14.7% |
| 5-year return | +67.7% | -16.9% |
| Volatility (ann.) | 13.9% | 30.7% |
| Beta vs S&P 500 | 0.92 | 0.91 |
| Max drawdown (3Y) | -16.5% | -33.1% |
| Market cap | – | $14.7B |
| P/E (trailing) | – | 22.4 |
| Dividend yield | 1.59% | 2.72% |
| Expense ratio | 0.06% | – |
| Assets under management | $97.9B | – |
| Sector / category | ETF · Global | US Listed |
VT is a Global Large-Stock Blend fund from Vanguard: $97.9B under management, 5308 holdings, a 0.06% expense ratio, a 1.59% trailing dividend yield.
Year-by-year returns
| Year | VT | WMG |
|---|---|---|
| 2022 | -18.0% | -17.2% |
| 2023 | +22.0% | +4.4% |
| 2024 | +16.5% | -11.5% |
| 2025 | +22.4% | +1.4% |
| 2026 | +15.2% | -6.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are VT and WMG good diversifiers for each other?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between VT and WMG?
As of 2026-08-27, the correlation of weekly returns between VT and WMG is 0.45 over 3 years, 0.46 over 1 year and 0.50 over 5 years.
Is WMG a good diversifier for VT?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.45 mean?
On the −1 to +1 scale, 0.45 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/vt-vs-wmg.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/vt-vs-wmg/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: VT correlations · WMG correlations
