Vanguard Developed Correlations

VDIPX Fund

USD 33.79 0.54 1.62%

The current 90-days correlation between Vanguard Developed and Vanguard Wellington Fund is 0.73 (i.e., Poor diversification). The correlation of Vanguard Developed 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 Developed Correlation With Market

Almost no diversification

The correlation between Vanguard Developed Markets and DJI is 0.93 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vanguard Developed Markets 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 Developed Markets. 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 inflation.

Moving together with Vanguard Mutual Fund

0.97	VMIAX	Vanguard Materials Index	Pair Corr
0.92	VMLUX	Vanguard Limited Term	Pair Corr
0.91	VMNVX	Vanguard Global Minimum	Pair Corr
0.94	VMMSX	Vanguard Emerging Markets	Pair Corr
0.96	VMVAX	Vanguard Mid Cap	Pair Corr
0.91	VMVFX	Vanguard Global Minimum	Pair Corr
0.75	VNYTX	Vanguard New York	Pair Corr
0.92	VPMCX	Vanguard Primecap	Pair Corr
0.92	VPMAX	Vanguard Primecap	Pair Corr
0.9	VQNPX	Vanguard Growth And	Pair Corr
0.95	VSCIX	Vanguard Small Cap	Pair Corr
0.95	VSCGX	Vanguard Lifestrategy	Pair Corr
0.87	VSCSX	Vanguard Short Term	Pair Corr
0.84	VSBIX	Vanguard Short Term	Pair Corr
0.82	VSBSX	Vanguard Short Term	Pair Corr
0.93	VSEQX	Vanguard Strategic Equity	Pair Corr
0.96	VASGX	Vanguard Lifestrategy	Pair Corr
0.91	VSGAX	Vanguard Small Cap	Pair Corr
0.91	VSGIX	Vanguard Small Cap	Pair Corr
0.95	VSIAX	Vanguard Small Cap	Pair Corr
0.95	VSIIX	Vanguard Small Cap	Pair Corr
0.95	VSMAX	Vanguard Small Cap	Pair Corr
0.85	VSMPX	Vanguard Total Stock	Pair Corr
0.81	VSTSX	Vanguard Total Stock	Pair Corr
0.95	VSTCX	Vanguard Strategic	Pair Corr
0.85	VBAIX	Vanguard Balanced Index	Pair Corr
0.97	VSVNX	Vanguard Target Reti	Pair Corr
0.82	VBIAX	Vanguard Balanced Index	Pair Corr
0.85	VBINX	Vanguard Balanced Index	Pair Corr
0.68	VBIRX	Vanguard Short Term	Pair Corr
0.79	VTAPX	Vanguard Short Term	Pair Corr
0.88	VTEAX	Vanguard Tax Exempt	Pair Corr

Moving against Vanguard Mutual Fund

0.34

VBLAX

Vanguard Long Term

Pair Corr

Related Correlations Analysis

	AFMBX	VIIIX	VB	AEPFX	FNPFX	VOT	VFH	VXUS	VTCAX	VWELX
AFMBX		0.89	0.96	0.9	0.91	0.23	0.71	0.95	0.86	0.9	AFMBX
VIIIX	0.89		0.85	0.76	0.82	0.51	0.75	0.81	0.88	0.96	VIIIX
VB	0.96	0.85		0.88	0.88	0.3	0.73	0.94	0.83	0.83	VB
AEPFX	0.9	0.76	0.88		0.99	0.14	0.73	0.94	0.72	0.78	AEPFX
FNPFX	0.91	0.82	0.88	0.99		0.22	0.77	0.93	0.78	0.83	FNPFX
VOT	0.23	0.51	0.3	0.14	0.22		0.19	0.21	0.27	0.31	VOT
VFH	0.71	0.75	0.73	0.73	0.77	0.19		0.66	0.82	0.79	VFH
VXUS	0.95	0.81	0.94	0.94	0.93	0.21	0.66		0.74	0.81	VXUS
VTCAX	0.86	0.88	0.83	0.72	0.78	0.27	0.82	0.74		0.9	VTCAX
VWELX	0.9	0.96	0.83	0.78	0.83	0.31	0.79	0.81	0.9		VWELX
	AFMBX	VIIIX	VB	AEPFX	FNPFX	VOT	VFH	VXUS	VTCAX	VWELX

Please upgrade your account to get full access to Macroaxis premium features

Risk-Adjusted Indicators

There is a big difference between Vanguard Mutual Fund performing well and Vanguard Developed 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 Developed'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
AFMBX	0.42	0.04	0.01	0.13	0.44	(0.45)	0.95	(0.91)	2.64
VIIIX	0.54	0.01	(0.01)	0.08	0.75	(0.53)	1.16	(1.17)	3.61
VB	0.78	0.04	0.05	0.11	0.83	(0.84)	1.68	(1.38)	3.82
AEPFX	0.72	0.21	0.26	0.35	0.27	(0.86)	1.43	(1.22)	11.31
FNPFX	0.66	0.11	0.11	0.21	0.56	(0.73)	1.31	(1.30)	8.98
VOT	0.76	(0.11)	0.00	(0.03)	0.00	0.00	1.25	(1.75)	3.93
VFH	0.68	(0.04)	(0.04)	0.03	0.92	(0.66)	1.40	(1.74)	4.47
VXUS	0.53	0.11	0.12	0.23	0.52	(0.57)	1.12	(1.16)	2.62
VTCAX	0.68	0.03	0.01	0.11	0.73	(0.82)	1.83	(1.35)	4.20
VWELX	0.38	0.01	(0.03)	0.09	0.49	(0.37)	0.86	(0.92)	2.66

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC