VTV vs WHLR: Correlation
Vanguard Value ETF (VTV) and Wheeler Real Estate Investment Trust, Inc. (WHLR) show a negative relationship: their 3-year correlation of weekly returns is -0.15.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are VTV and WHLR?
On 3 years of weekly data the VTV/WHLR correlation comes out at -0.15, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.05 over 1 year against -0.15 over 3. The 5-year figure is -0.08, and annualized covariance runs at -962.2 %².
By 3-year correlation, WHLR places #144 of the 149 assets tracked against VTV. Correlation aside, the last 12 months split them widely, with VTV ahead by 125.7 points (+25.7% versus -100.0%). One caveat on sizing: WHLR is 45.8 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.
VTV vs WHLR: side by side
| VTV (Vanguard Value ETF) | WHLR (Wheeler Real Estate Investment Trust, Inc.) | |
|---|---|---|
| 1-year return | +25.7% | -100.0% |
| 5-year return | +79.1% | -100.0% |
| Volatility (ann.) | 11.9% | 545.0% |
| Beta vs S&P 500 | 0.65 | -5.84 |
| Max drawdown (3Y) | -14.5% | -100.0% |
| Market cap | – | – |
| P/E (trailing) | – | 0.0 |
| Dividend yield | 1.86% | 0.00% |
| Expense ratio | 0.03% | – |
| Assets under management | $256.4B | – |
| Sector / category | ETF · US Style | US Listed |
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 | VTV | WHLR |
|---|---|---|
| 2022 | -2.1% | -28.0% |
| 2023 | +9.3% | -98.4% |
| 2024 | +16.0% | -98.4% |
| 2025 | +15.3% | -100.0% |
| 2026 | +19.3% | -99.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are VTV and WHLR good diversifiers for each other?
Yes. With a correlation of -0.15, VTV and WHLR have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between VTV and WHLR?
The VTV/WHLR correlation stands at -0.15 on a 3-year window (1 year: -0.05, 5 years: -0.08), computed from weekly returns as of 2026-08-27.
Is WHLR a good diversifier for VTV?
Yes. With a correlation of -0.15, VTV and WHLR have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.15 mean?
A reading of -0.15 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
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Related comparisons
Hubs: VTV correlations · WHLR correlations
