Vanguard Consumer Correlations

VCR Etf

USD 385.01 5.23 1.38%

The current 90-days correlation between Vanguard Consumer and Vanguard Consumer Staples is 0.36 (i.e., Weak diversification). The correlation of Vanguard Consumer 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 Consumer Correlation With Market

Average diversification

The correlation between Vanguard Consumer Discretionar and DJI is 0.19 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vanguard Consumer Discretionar 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 Consumer Discretionary. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Moving together with Vanguard Etf

1.0	XLY	Consumer Discretionary	Pair Corr
1.0	FDIS	Fidelity MSCI Consumer	Pair Corr
0.99	IYC	iShares Consumer Dis	Pair Corr
0.89	PEJ	Invesco Dynamic Leisure	Pair Corr
0.81	FXD	First Trust Consumer	Pair Corr
0.88	XRT	SPDR SP Retail	Pair Corr
0.66	SPAQ	Horizon Kinetics SPAC	Pair Corr
0.83	PULS	PGIM Ultra Short	Pair Corr
0.73	MPAY	Akros Monthly Payout	Pair Corr
0.93	CPST	Calamos ETF Trust	Pair Corr
0.95	PTNQ	Pacer Trendpilot 100	Pair Corr
0.95	ETH	Grayscale Ethereum Mini Buyout Trend	Pair Corr
0.86	SEIX	Virtus ETF Trust	Pair Corr
0.95	TSL	GraniteShares 125x Long	Pair Corr
0.98	TSLY	Tidal Trust II	Pair Corr
0.92	FNGS	MicroSectors FANG ETN	Pair Corr
0.78	IYG	iShares Financial	Pair Corr
0.88	PJAN	Innovator SP 500	Pair Corr
0.95	SPYG	SPDR Portfolio SP	Pair Corr
0.87	STK	Columbia Seligman Premium	Pair Corr
0.89	XCCC	BondBloxx ETF Trust	Pair Corr
0.87	IGV	iShares Expanded Tech	Pair Corr
0.81	ICSH	iShares Ultra Short	Pair Corr
0.69	UMI	USCF Midstream Energy	Pair Corr
0.89	HAPR	Innovator Premium Income	Pair Corr
0.86	BRLN	Blackrock ETF Trust	Pair Corr
0.94	BTC	Grayscale Bitcoin Mini	Pair Corr
0.99	WANT	Direxion Daily Cnsmr	Pair Corr
0.77	QYLD	Global X NASDAQ	Pair Corr
0.85	XDEC	First Trust Exchange	Pair Corr
0.93	BITX	Volatility Shares Trust Buyout Trend	Pair Corr

Moving against Vanguard Etf

0.93	BITI	ProShares Trust	Pair Corr
0.59	GREI	Goldman Sachs Future	Pair Corr
0.55	ITB	iShares Home Construction Low Volatility	Pair Corr
0.43	XHB	SPDR SP Homebuilders	Pair Corr
0.31	RCD	Invesco SP 500	Pair Corr
0.48	SOYB	Teucrium Soybean	Pair Corr

Related Correlations Analysis

	VDC	VIS	VOX	VAW	VFH
VDC		0.68	0.23	0.53	0.51	VDC
VIS	0.68		0.11	0.71	0.7	VIS
VOX	0.23	0.11		-0.53	0.68	VOX
VAW	0.53	0.71	-0.53		0.04	VAW
VFH	0.51	0.7	0.68	0.04		VFH
	VDC	VIS	VOX	VAW	VFH

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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

VAW	+ 0.71	VIS
VFH	+ 0.7	VIS
VIS	+ 0.68	VDC
VFH	+ 0.68	VOX
VAW	+ 0.53	VDC
VFH	+ 0.51	VDC

High negative correlations

VAW

- 0.53

VOX

Vanguard Consumer Constituents Risk-Adjusted Indicators

There is a big difference between Vanguard Etf performing well and Vanguard Consumer 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 Consumer'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
VDC	0.47	(0.05)	0.00	(0.24)	0.00	0.00	0.83	(1.13)	3.07
VIS	0.70	0.00	0.00	0.00	0.86	(0.78)	1.29	(1.14)	7.11
VOX	0.79	0.10	0.11	0.42	0.91	(0.86)	1.73	(1.35)	5.40
VAW	0.70	(0.11)	0.00	(0.33)	0.00	0.00	1.25	(1.28)	5.34
VFH	0.80	0.12	0.11	0.32	0.91	(0.87)	1.51	(1.45)	10.15

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