Vanguard Small Correlations

VBR Etf

USD 204.61 0.95 0.47%

The current 90-days correlation between Vanguard Small Cap and Vanguard Small Cap Growth is 0.89 (i.e., Very poor diversification). The correlation of Vanguard Small 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. If the correlation is 0, the equities are not correlated; they are entirely random.

Vanguard Small Correlation With Market

Weak diversification

The correlation between Vanguard Small Cap Value and DJI is 0.34 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vanguard Small Cap Value and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vanguard Small Cap Value. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Moving together with Vanguard Etf

0.99	IWN	iShares Russell 2000	Pair Corr
0.98	DFAT	Dimensional Targeted	Pair Corr
0.95	IJS	iShares SP Small	Pair Corr
0.95	SLYV	SPDR SP 600	Pair Corr
0.98	AVUV	Avantis Small Cap	Pair Corr
0.98	DES	WisdomTree SmallCap	Pair Corr
0.98	MDYV	SPDR SP 400	Pair Corr
0.91	CALF	Pacer Small Cap	Pair Corr
0.98	REGL	ProShares SP MidCap Low Volatility	Pair Corr
0.74	VTI	Vanguard Total Stock	Pair Corr
0.68	SPY	SPDR SP 500 Aggressive Push	Pair Corr
0.68	IVV	iShares Core SP	Pair Corr
0.88	VTV	Vanguard Value Index	Pair Corr
0.97	VO	Vanguard Mid Cap	Pair Corr
0.95	VB	Vanguard Small Cap	Pair Corr
0.74	IYG	iShares Financial	Pair Corr
0.66	IGV	iShares Expanded Tech	Pair Corr
0.67	DAPP	VanEck Digital Trans	Pair Corr

Moving against Vanguard Etf

0.34	BCD	abrdn Bloomberg All	Pair Corr
0.4	GSG	iShares SP GSCI	Pair Corr

Related Correlations Analysis

	VOE	VBK	VTV	VB	VO
VOE		0.51	0.98	0.75	0.85	VOE
VBK	0.51		0.47	0.95	0.88	VBK
VTV	0.98	0.47		0.71	0.82	VTV
VB	0.75	0.95	0.71		0.98	VB
VO	0.85	0.88	0.82	0.98		VO
	VOE	VBK	VTV	VB	VO

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Vanguard Small Constituents Risk-Adjusted Indicators

There is a big difference between Vanguard Etf performing well and Vanguard Small 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 Small'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
VOE	0.58	(0.01)	0.00	(0.04)	0.00	0.00	1.31	(0.86)	5.08
VBK	0.90	0.09	0.08	0.18	1.16	(0.92)	1.79	(1.48)	8.00
VTV	0.55	(0.02)	0.00	(0.07)	0.00	0.00	1.11	(0.96)	5.21
VB	0.77	0.06	0.05	0.12	1.02	(0.77)	1.56	(1.21)	8.20
VO	0.62	0.03	0.04	0.08	0.78	(0.70)	1.37	(1.06)	6.01

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