Vanguard Total Correlations

BND Etf

USD 72.34 0.10 0.14%

The current 90-days correlation between Vanguard Total Bond and Vanguard Total International is -0.07 (i.e., Good diversification). The correlation of Vanguard Total is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Vanguard Total Correlation With Market

Significant diversification

The correlation between Vanguard Total Bond and DJI is 0.01 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vanguard Total Bond and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Vanguard Total Bond. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Moving together with Vanguard Etf

0.9	AGG	iShares Core Aggregate	Pair Corr
0.9	BIV	Vanguard Intermediate Sell-off Trend	Pair Corr
0.9	SPAB	SPDR Portfolio Aggregate Sell-off Trend	Pair Corr
0.9	EAGG	iShares ESG Aggregate	Pair Corr
0.89	FLCB	Franklin Templeton ETF Sell-off Trend	Pair Corr
0.91	UITB	VictoryShares USAA Core	Pair Corr
1.0	DFCF	Dimensional ETF Trust	Pair Corr
1.0	JAGG	JPMorgan BetaBuilders	Pair Corr
1.0	AGGY	WisdomTree Yield Enhanced	Pair Corr
0.65	VEA	Vanguard FTSE Developed	Pair Corr
0.63	VWO	Vanguard FTSE Emerging	Pair Corr
0.68	MCD	McDonalds Earnings Call This Week	Pair Corr
0.66	PG	Procter Gamble	Pair Corr
0.62	CAT	Caterpillar Earnings Call This Week	Pair Corr

Moving against Vanguard Etf

0.33

Boeing

Pair Corr

Related Correlations Analysis

	VXUS	BNDX	VTI	VNQ	VWO
VXUS		0.27	0.18	0.68	0.85	VXUS
BNDX	0.27		0.68	0.31	0.19	BNDX
VTI	0.18	0.68		0.15	-0.06	VTI
VNQ	0.68	0.31	0.15		0.62	VNQ
VWO	0.85	0.19	-0.06	0.62		VWO
	VXUS	BNDX	VTI	VNQ	VWO

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Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

VWO	+ 0.85	VXUS
VNQ	+ 0.68	VXUS
VTI	+ 0.68	BNDX
VWO	+ 0.62	VNQ
VNQ	+ 0.31	BNDX
BNDX	+ 0.27	VXUS

High negative correlations

VWO

- 0.06

VTI

Vanguard Total Constituents Risk-Adjusted Indicators

There is a big difference between Vanguard Etf performing well and Vanguard Total ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Vanguard Total's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
VXUS	0.56	(0.04)	(0.11)	(0.02)	0.81	(0.54)	1.18	(1.64)	4.10
BNDX	0.16	(0.01)	(0.42)	(0.01)	0.17	(0.19)	0.33	(0.41)	0.99
VTI	0.63	0.04	(0.02)	0.20	0.86	(0.64)	1.27	(1.39)	5.89
VNQ	0.91	(0.13)	0.00	(0.17)	0.00	0.00	1.49	(1.74)	5.61
VWO	0.64	(0.08)	0.00	(0.13)	0.00	0.00	1.45	(1.74)	4.74

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