VANGUARD EMERGING Correlations

VEIEX Fund

USD 37.18 0.55 1.50%

A high positive correlation means the stock tends to rise and fall in tandem with the paired instrument. Current 90-days correlation between Vanguard Emerging Markets and Lsv Small Cap is 0.54 (i.e., Weak diversification).

Market Correlation for VANGUARD EMERGING

Minimal diversification benefit

VANGUARD EMERGING currently posts a 0.9 correlation with Dow Jones, indicating a Minimal diversification benefit relationship for the active sample. In portfolio terms, the overlap shows how much shared movement remains after combining both positions.

Sector and factor exposure at the portfolio level determines how concentrated or diversified the allocation is. Understanding allocation structure supports portfolio context. Position allocation is driven by the portfolio construction model in use. Broader economic conditions can influence Vanguard Emerging Markets's mutual fund valuation - related indicators include signals in services.

Moving together with VANGUARD Mutual Fund

0.85	VMIAX	Vanguard Materials Index	Pair Corr
0.86	VMSIX	Vanguard Multi Sector	Pair Corr
0.81	VMVAX	Vanguard Mid Cap	Pair Corr
0.62	VMVFX	Vanguard Global Minimum	Pair Corr
0.76	VMVLX	Vanguard Mega Cap	Pair Corr
0.63	VNYTX	Vanguard New York	Pair Corr
0.63	VNYUX	Vanguard New York	Pair Corr
0.69	VOHIX	Vanguard Ohio Long	Pair Corr
0.72	VPADX	Vanguard Pacific Stock	Pair Corr
0.82	VPKIX	Vanguard Pacific Stock	Pair Corr
0.95	VPMCX	Vanguard Primecap	Pair Corr
0.87	NAESX	Vanguard Small Cap	Pair Corr
0.85	VQNPX	Vanguard Growth And	Pair Corr
0.88	VAGVX	Vanguard Advice Select	Pair Corr
0.87	VSCIX	Vanguard Small Cap	Pair Corr
0.89	VSCGX	Vanguard Lifestrategy	Pair Corr
0.87	VSCPX	Vanguard Small Cap	Pair Corr
0.79	VSEQX	Vanguard Strategic Equity	Pair Corr
0.98	VASGX	Vanguard Lifestrategy	Pair Corr
0.84	VSGAX	Vanguard Small Cap	Pair Corr
0.93	VASIX	Vanguard Lifestrategy	Pair Corr
0.86	VASVX	Vanguard Selected Value	Pair Corr
0.84	VSGIX	Vanguard Small Cap	Pair Corr
0.85	VSIBX	Vanguard Total	Pair Corr
0.87	VSIAX	Vanguard Small Cap	Pair Corr
0.87	VSMAX	Vanguard Small Cap	Pair Corr
0.98	VSMGX	Vanguard Lifestrategy	Pair Corr
0.85	VSMSX	Vanguard Sampp Small	Pair Corr
0.92	VSMPX	Vanguard Total Stock	Pair Corr
0.86	VSPMX	Vanguard Sampp Mid	Pair Corr
0.84	VSPVX	Vanguard Sampp 500	Pair Corr
0.86	VSTSX	Vanguard Total Stock	Pair Corr

Related Correlations Analysis

	RYOFX	HRVIX	MXLSX	AFDVX	FISVX	QRSAX	LVAQX
RYOFX		0.82	0.89	0.98	0.98	0.92	0.93	RYOFX
HRVIX	0.82		0.91	0.87	0.88	0.78	0.93	HRVIX
MXLSX	0.89	0.91		0.9	0.91	0.83	0.93	MXLSX
AFDVX	0.98	0.87	0.9		0.99	0.88	0.96	AFDVX
FISVX	0.98	0.88	0.91	0.99		0.9	0.98	FISVX
QRSAX	0.92	0.78	0.83	0.88	0.9		0.88	QRSAX
LVAQX	0.93	0.93	0.93	0.96	0.98	0.88		LVAQX
	RYOFX	HRVIX	MXLSX	AFDVX	FISVX	QRSAX	LVAQX

Risk-Adjusted Indicators

Headline performance for VANGUARD Mutual Fund may not fully reflect how the business compares across its competitive set. Peer-relative risk metrics add context on drawdown behavior, consistency, and return quality. These indicators are quantitative in nature and measure volatility and risk-adjusted expected returns across different positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
RYOFX	1.06	0.13	0.08	0.10	1.42	-1.03	2.68	-2.33	6.47
HRVIX	0.84	0.06	0.05	0.06	1.09	-0.83	2.21	-1.88	5.26
MXLSX	0.83	0.11	0.09	-0.99	0.95	-0.83	2.44	-1.62	5.07
AFDVX	0.79	0.05	0.05	0.05	0.97	-0.81	2.11	-1.79	4.43
FISVX	0.88	0.07	0.06	0.07	1.21	-0.83	2.27	-1.82	4.96
QRSAX	0.72	0.16	0.18	0.18	0.61	-0.81	1.96	-1.29	4.13
LVAQX	0.73	0.07	0.07	0.07	0.88	-0.74	1.97	-1.53	4.19