Vanguard Consumer Correlations

VCSAX Fund

USD 106.13 0.86 0.80%

The current 90-days correlation between Vanguard Sumer Staples and Payden High Income is 0.07 (i.e., Significant 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

Weak diversification

The correlation between Vanguard Sumer Staples 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 Sumer Staples 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 Sumer Staples. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in nation.

Moving together with Vanguard Mutual Fund

0.66	CL	Colgate Palmolive	Pair Corr
0.77	GO	Grocery Outlet Holding	Pair Corr
0.73	MO	Altria Group	Pair Corr
0.91	PG	Procter Gamble	Pair Corr
0.61	PM	Philip Morris Intern Earnings Call This Week	Pair Corr
0.63	TR	Tootsie Roll Industries	Pair Corr
0.81	WEST	Westrock Coffee	Pair Corr
0.64	CENTA	Central Garden Pet Earnings Call This Week	Pair Corr
0.72	FARM	Farmer Bros Earnings Call This Week	Pair Corr
0.74	IMKTA	Ingles Markets Earnings Call This Week	Pair Corr
0.66	FIZZ	National Beverage Corp	Pair Corr
0.79	ACU	Acme United	Pair Corr

Moving against Vanguard Mutual Fund

0.69	DTCK	Davis Commodities	Pair Corr
0.47	EDBL	Edible Garden AG	Pair Corr
0.39	VITL	Vital Farms	Pair Corr
0.31	UG	United Guardian	Pair Corr

Related Correlations Analysis

	PYRLX	ACHFX	TIHHX	VRHYX	SEIYX	ARTFX	FPIOX
PYRLX		0.94	0.91	0.92	0.93	0.94	0.95	PYRLX
ACHFX	0.94		0.95	0.98	0.95	0.98	0.98	ACHFX
TIHHX	0.91	0.95		0.93	0.91	0.93	0.94	TIHHX
VRHYX	0.92	0.98	0.93		0.95	0.99	0.99	VRHYX
SEIYX	0.93	0.95	0.91	0.95		0.97	0.96	SEIYX
ARTFX	0.94	0.98	0.93	0.99	0.97		0.99	ARTFX
FPIOX	0.95	0.98	0.94	0.99	0.96	0.99		FPIOX
	PYRLX	ACHFX	TIHHX	VRHYX	SEIYX	ARTFX	FPIOX

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Risk-Adjusted Indicators

There is a big difference between Vanguard Mutual Fund performing well and Vanguard Consumer Mutual Fund 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	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
PYRLX	0.12	0.02	(0.25)	0.80	(0.20)	0.31	(0.31)	0.95
ACHFX	0.14	0.02	(0.28)	1.82	(0.21)	0.46	(0.23)	1.39
TIHHX	0.15	0.02	(0.26)	0.57	(0.20)	0.46	(0.23)	1.03
VRHYX	0.15	0.02	(0.21)	2.36	(0.34)	0.52	(0.26)	1.30
SEIYX	0.16	0.02	(0.26)	(3.66)	(0.28)	0.39	(0.20)	1.17
ARTFX	0.11	0.02	(0.31)	(11.49)	(0.18)	0.44	(0.22)	1.10
FPIOX	0.15	0.03	(0.25)	8.15	(0.23)	0.57	(0.23)	1.04

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