Vanguard Balanced Correlations

VBIAX Fund

USD 52.89 0.26 0.49%

Current 90-days correlation between Vanguard Balanced Index and Vanguard Equity Income is 0.8 (i.e., Very poor diversification).The correlation coefficient ranges from -1 to +1 and quantifies how closely the stock co-moves with paired assets.

Vanguard Balanced Market Correlation Overview

Very poor diversification

For the present investment horizon, the measured correlation between Vanguard Balanced and Dow Jones stands at 0.89, or Very poor diversification. In portfolio terms, the overlap shows how much shared movement remains after combining both positions.

Sector and factor exposure at the portfolio level determines how concentrated or diversified the allocation is. The construction of a diversified portfolio involves managing position exposure. The sizing of each position reflects the chosen allocation strategy. Broader economic conditions can influence Vanguard Balanced Index's mutual fund valuation - related indicators include signals in nation.

Moving together with Vanguard Mutual Fund

0.74	VMIAX	Vanguard Materials Index	Pair Corr
0.92	VMSIX	Vanguard Multi Sector	Pair Corr
0.76	VMVAX	Vanguard Mid Cap	Pair Corr
0.76	VMVIX	Vanguard Mid Cap	Pair Corr
0.75	VMVLX	Vanguard Mega Cap	Pair Corr
0.69	VNYTX	Vanguard New York	Pair Corr
0.72	VOHIX	Vanguard Ohio Long	Pair Corr
0.71	VPADX	Vanguard Pacific Stock	Pair Corr
0.71	VPACX	Vanguard Pacific Stock	Pair Corr
0.96	VPCCX	Vanguard Primecap	Pair Corr
0.72	VPALX	Vanguard Pennsylvania	Pair Corr
0.72	VPAIX	Vanguard Pennsylvania	Pair Corr
0.97	VPMCX	Vanguard Primecap	Pair Corr
0.99	VQNPX	Vanguard Growth And	Pair Corr
0.72	VRTPX	Vanguard Reit Ii	Pair Corr
0.83	VADGX	Vanguard Advice Select	Pair Corr
0.95	VSCIX	Vanguard Small Cap	Pair Corr
0.96	VSCGX	Vanguard Lifestrategy	Pair Corr
0.95	VSCPX	Vanguard Small Cap	Pair Corr
0.77	VSCSX	Vanguard Short Term	Pair Corr
0.88	VSEQX	Vanguard Strategic Equity	Pair Corr
0.93	VSGAX	Vanguard Small Cap	Pair Corr
0.9	VASIX	Vanguard Lifestrategy	Pair Corr
0.85	VASVX	Vanguard Selected Value	Pair Corr
0.93	VSGIX	Vanguard Small Cap	Pair Corr
0.98	VSIBX	Vanguard Total	Pair Corr
0.88	VSIAX	Vanguard Small Cap	Pair Corr
0.88	VSIIX	Vanguard Small Cap	Pair Corr
0.95	VSMAX	Vanguard Small Cap	Pair Corr

Related Correlations Analysis

	VBAIX	VLCAX	VBR	VV	SCHX	VNQ	IWD	VWNAX	QQQM	VEIRX
VBAIX		0.99	0.88	0.99	0.99	0.72	0.92	0.93	0.92	0.84	VBAIX
VLCAX	0.99		0.83	1.0	1.0	0.65	0.88	0.9	0.95	0.78	VLCAX
VBR	0.88	0.83		0.83	0.84	0.73	0.96	0.96	0.68	0.96	VBR
VV	0.99	1.0	0.83		1.0	0.65	0.88	0.9	0.95	0.78	VV
SCHX	0.99	1.0	0.84	1.0		0.67	0.89	0.9	0.95	0.79	SCHX
VNQ	0.72	0.65	0.73	0.65	0.67		0.82	0.7	0.59	0.79	VNQ
IWD	0.92	0.88	0.96	0.88	0.89	0.82		0.95	0.77	0.95	IWD
VWNAX	0.93	0.9	0.96	0.9	0.9	0.7	0.95		0.74	0.94	VWNAX
QQQM	0.92	0.95	0.68	0.95	0.95	0.59	0.77	0.74		0.6	QQQM
VEIRX	0.84	0.78	0.96	0.78	0.79	0.79	0.95	0.94	0.6		VEIRX
	VBAIX	VLCAX	VBR	VV	SCHX	VNQ	IWD	VWNAX	QQQM	VEIRX

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Risk-Adjusted Indicators

Strong recent returns in Vanguard Mutual Fund do not always mean Vanguard Balanced Mutual Fund is outperforming peers on business quality. Risk-adjusted metrics help compare Vanguard Balanced's efficiency and downside exposure against peers on a like-for-like basis. These indicators are quantitative in nature and measure volatility and risk-adjusted expected returns across different positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
VBAIX	0.47	0.03	0.06	0.06	0.52	-0.53	0.94	-1.03	2.55
VLCAX	0.72	0.06	0.07	0.07	0.79	-0.77	1.21	-1.52	3.72
VBR	0.72	0.03	0.03	0.03	0.94	-0.72	1.80	-1.57	4.42
VV	0.72	0.06	0.07	0.07	0.77	-0.76	1.23	-1.53	3.71
SCHX	0.71	0.06	0.07	0.06	0.81	-0.78	1.23	-1.50	3.84
VNQ	0.71	0.08	0.08	0.13	0.93	-0.72	1.57	-1.47	4.67
IWD	0.56	0.06	0.07	0.08	0.70	-0.51	0.98	-1.23	3.06
VWNAX	0.61	0.02	0.03	0.02	0.77	-0.64	1.22	-1.41	3.29
QQQM	0.96	0.11	0.09	0.11	1.06	-0.97	1.92	-1.87	4.49
VEIRX	0.51	0.04	0.05	0.06	0.65	-0.48	1.10	-1.16	3.71