VYM vs WKC: Correlation
Measured on weekly returns over the past three years, Vanguard High Dividend Yield ETF (VYM) and World Kinect Corporation (WKC) carry a correlation of 0.55, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are VYM and WKC?
Over the past 3 years, VYM and WKC moved with a correlation of 0.55, which is moderate. The past 12 months show a weaker link (0.22) than the 3-year average (0.55). Over 5 years the correlation is 0.50, and the annualized covariance of weekly returns is 210.6 %².
By 3-year correlation, WKC places #93 of the 122 assets tracked against VYM. Correlation aside, the last 12 months split them widely, with WKC ahead by 15.4 points (+21.1% versus +36.5%). Note the risk asymmetry: WKC runs 2.5 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
VYM vs WKC: side by side
| VYM (Vanguard High Dividend Yield ETF) | WKC (World Kinect Corporation) | |
|---|---|---|
| 1-year return | +21.1% | +36.5% |
| 5-year return | +76.6% | +26.9% |
| Volatility (ann.) | 12.3% | 31.0% |
| Beta vs S&P 500 | 0.69 | 0.78 |
| Max drawdown (3Y) | -14.5% | -25.4% |
| Market cap | – | $1.8B |
| P/E (trailing) | – | – |
| Dividend yield | 2.24% | 2.30% |
| Expense ratio | 0.04% | – |
| Assets under management | $99.2B | – |
| Sector / category | ETF · Dividend | US Listed |
VYM is a Large Value fund from Vanguard: $99.2B under management, 604 holdings, a 0.04% expense ratio, a 2.24% trailing dividend yield.
Year-by-year returns
| Year | VYM | WKC |
|---|---|---|
| 2022 | -0.4% | +5.3% |
| 2023 | +6.6% | -14.6% |
| 2024 | +17.6% | +23.8% |
| 2025 | +15.4% | -12.3% |
| 2026 | +15.9% | +55.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are VYM and WKC good diversifiers for each other?
To a limited degree. At 0.55 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 VYM and WKC?
Using weekly returns as of 2026-08-27: 0.55 over 3 years, with 0.22 over the last year and 0.50 over 5 years.
Is WKC a good diversifier for VYM?
To a limited degree. At 0.55 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.55 mean?
On the −1 to +1 scale, 0.55 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/vym-vs-wkc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/vym-vs-wkc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: VYM correlations · WKC correlations
