Vanguard FTSE Correlations

VDYIF Etf

36.13 0.95 2.70%

The current 90-days correlation between Vanguard FTSE Canadian and Vanguard Total Stock is 0.24 (i.e., Modest diversification). The correlation of Vanguard FTSE 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.

Vanguard FTSE Correlation With Market

Modest diversification

The correlation between Vanguard FTSE Canadian and DJI is 0.21 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vanguard FTSE Canadian and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any otc etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Moving together with Vanguard OTC Etf

0.8	VTI	Vanguard Total Stock	Pair Corr
0.82	SPY	SPDR SP 500 Aggressive Push	Pair Corr
0.82	IVV	iShares Core SP	Pair Corr
0.82	VTV	Vanguard Value Index	Pair Corr
0.78	VUG	Vanguard Growth Index	Pair Corr
0.82	VO	Vanguard Mid Cap	Pair Corr
0.73	VB	Vanguard Small Cap	Pair Corr
0.76	VWO	Vanguard FTSE Emerging	Pair Corr
0.72	DSTL	Distillate Fundamental	Pair Corr
0.78	XLK	Technology Select Sector	Pair Corr
0.82	OEF	iShares SP 100	Pair Corr
0.8	SCHD	Schwab Dividend Equity	Pair Corr
0.81	IDGT	iShares Trust Symbol Change	Pair Corr
0.81	IDU	iShares Utilities ETF	Pair Corr
0.78	XLC	Communication Services Sell-off Trend	Pair Corr
0.64	DISO	Tidal Trust II	Pair Corr
0.67	MSTY	YieldMax MSTR Option	Pair Corr
0.82	VOO	Vanguard SP 500	Pair Corr
0.8	FDN	First Trust Dow	Pair Corr
0.61	WGMI	Valkyrie Bitcoin Miners	Pair Corr
0.79	MAGS	Roundhill Magnificent	Pair Corr
0.78	DIVG	Invesco Exchange Traded	Pair Corr
0.8	PUTW	WisdomTree CBOE SP	Pair Corr
0.83	DIVB	iShares Dividend	Pair Corr
0.81	USFR	WisdomTree Floating Rate	Pair Corr
0.64	XLF	Financial Select Sector Aggressive Push	Pair Corr

Moving against Vanguard OTC Etf

0.55

BND

Vanguard Total Bond

Pair Corr

Related Correlations Analysis

	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM
META		0.29	0.57	-0.02	0.6	0.02	0.68	0.28	-0.56	0.72	META
MSFT	0.29		0.24	0.12	0.2	-0.02	0.02	-0.17	0.11	-0.18	MSFT
UBER	0.57	0.24		-0.02	0.02	0.26	0.05	-0.1	0.04	0.36	UBER
F	-0.02	0.12	-0.02		0.0	-0.37	0.36	0.62	-0.24	0.29	F
T	0.6	0.2	0.02	0.0		-0.48	0.73	0.49	-0.76	0.39	T
A	0.02	-0.02	0.26	-0.37	-0.48		-0.48	-0.65	0.64	-0.01	A
CRM	0.68	0.02	0.05	0.36	0.73	-0.48		0.83	-0.92	0.68	CRM
JPM	0.28	-0.17	-0.1	0.62	0.49	-0.65	0.83		-0.83	0.51	JPM
MRK	-0.56	0.11	0.04	-0.24	-0.76	0.64	-0.92	-0.83		-0.57	MRK
XOM	0.72	-0.18	0.36	0.29	0.39	-0.01	0.68	0.51	-0.57		XOM
	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM

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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

JPM	+ 0.83	CRM
CRM	+ 0.73	T
XOM	+ 0.72	META
CRM	+ 0.68	META
XOM	+ 0.68	CRM
MRK	+ 0.64	A

High negative correlations

MRK	- 0.92	CRM
MRK	- 0.83	JPM
MRK	- 0.76	T
JPM	- 0.65	A
XOM	- 0.57	MRK
MRK	- 0.56	META

Vanguard FTSE Competition Risk-Adjusted Indicators

There is a big difference between Vanguard OTC Etf performing well and Vanguard FTSE OTC 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 FTSE'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
META	1.05	0.00	(0.03)	0.12	1.40	(1.14)	2.62	(3.15)	8.02
MSFT	0.88	(0.08)	(0.07)	0.01	1.51	(0.82)	2.09	(1.85)	8.19
UBER	1.60	(0.14)	0.00	(0.02)	0.00	0.00	2.69	(2.44)	20.10
F	1.43	(0.12)	(0.02)	0.04	2.19	(1.43)	2.75	(2.90)	11.72
T	0.92	0.28	0.14	24.43	0.85	(1.04)	2.56	(1.72)	6.47
A	1.14	(0.13)	0.00	(0.12)	0.00	0.00	2.29	(2.42)	9.02
CRM	1.28	0.29	0.25	0.37	0.90	(1.52)	3.18	(1.91)	9.09
JPM	1.12	0.00	0.06	0.12	1.44	(1.17)	2.05	(2.00)	15.87
MRK	0.85	(0.26)	0.00	(1.12)	0.00	0.00	1.73	(2.13)	4.89
XOM	1.03	0.03	(0.01)	0.18	1.21	(1.11)	2.14	(2.09)	5.78

Vanguard FTSE Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Vanguard FTSE otc etf to make a market-neutral strategy. Peer analysis of Vanguard FTSE could also be used in its relative valuation, which is a method of valuing Vanguard FTSE by comparing valuation metrics with similar companies.

Vanguard Total Stock SPDR SP 500 iShares Core SP Vanguard Total Bond Vanguard Value Index Vanguard Growth Index Vanguard Mid Cap Index Vanguard FTSE Developed Vanguard Small Cap Index Vanguard FTSE Emerging American Airlines Group Alcoa Corp Apple Inc Best Buy Co Citigroup

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