Vanguard Gnma Correlations
VFIIX Fund | USD 9.17 0.01 0.11% |
The current 90-days correlation between Vanguard Gnma and Vanguard Gnma Fund is 1.0 (i.e., No risk reduction). The correlation of Vanguard Gnma 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 Gnma Correlation With Market
Good diversification
The correlation between Vanguard Gnma Fund and DJI is -0.13 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vanguard Gnma Fund and DJI in the same portfolio, assuming nothing else is changed.
Vanguard |
Moving together with Vanguard Mutual Fund
0.61 | VNYTX | Vanguard New York | PairCorr |
0.61 | VNYUX | Vanguard New York | PairCorr |
0.62 | VPADX | Vanguard Pacific Stock | PairCorr |
0.66 | VPACX | Vanguard Pacific Stock | PairCorr |
0.67 | VPKIX | Vanguard Pacific Stock | PairCorr |
0.94 | VAIPX | Vanguard Inflation-protec | PairCorr |
0.69 | VSCSX | Vanguard Short Term | PairCorr |
0.71 | VSBIX | Vanguard Short Term | PairCorr |
0.61 | VSBSX | Vanguard Short Term | PairCorr |
Moving against Vanguard Mutual Fund
0.61 | VMVAX | Vanguard Mid Cap | PairCorr |
0.61 | VMVIX | Vanguard Mid Cap | PairCorr |
0.6 | VMVLX | Vanguard Mega Cap | PairCorr |
0.36 | VMIAX | Vanguard Materials Index | PairCorr |
0.76 | VQNPX | Vanguard Growth And | PairCorr |
0.72 | VSCIX | Vanguard Small Cap | PairCorr |
0.71 | NAESX | Vanguard Small Cap | PairCorr |
0.6 | VPCCX | Vanguard Primecap | PairCorr |
0.52 | VAIGX | Vanguard Advice Select | PairCorr |
0.45 | VPMAX | Vanguard Primecap | PairCorr |
0.44 | VPMCX | Vanguard Primecap | PairCorr |
0.39 | VAGVX | Vanguard Advice Select | PairCorr |
0.76 | VSEMX | Vanguard Extended Market | PairCorr |
0.73 | VSGAX | Vanguard Small Cap | PairCorr |
0.73 | VSGIX | Vanguard Small Cap | PairCorr |
0.72 | VSCPX | Vanguard Small Cap | PairCorr |
0.72 | VSMAX | Vanguard Small Cap | PairCorr |
0.71 | VSEQX | Vanguard Strategic Equity | PairCorr |
Related Correlations Analysis
0.99 | 0.99 | 0.99 | 0.97 | 1.0 | 0.99 | VFIJX | ||
0.99 | 1.0 | 1.0 | 0.98 | 0.99 | 0.99 | UGSFX | ||
0.99 | 1.0 | 1.0 | 0.98 | 0.99 | 0.99 | AMUSX | ||
0.99 | 1.0 | 1.0 | 0.98 | 0.99 | 0.99 | UGSCX | ||
0.97 | 0.98 | 0.98 | 0.98 | 0.97 | 0.97 | FSUUX | ||
1.0 | 0.99 | 0.99 | 0.99 | 0.97 | 0.99 | VFIIX | ||
0.99 | 0.99 | 0.99 | 0.99 | 0.97 | 0.99 | FUTBX | ||
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Risk-Adjusted Indicators
There is a big difference between Vanguard Mutual Fund performing well and Vanguard Gnma 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 Gnma'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
VFIJX | 0.23 | (0.03) | 0.00 | 0.74 | 0.00 | 0.43 | 1.20 | |||
UGSFX | 0.23 | (0.04) | 0.00 | 0.62 | 0.00 | 0.41 | 1.48 | |||
AMUSX | 0.22 | (0.04) | 0.00 | 0.61 | 0.00 | 0.41 | 1.48 | |||
UGSCX | 0.22 | (0.04) | 0.00 | 0.74 | 0.00 | 0.34 | 1.49 | |||
FSUUX | 0.22 | (0.04) | 0.00 | (0.70) | 0.00 | 0.34 | 1.48 | |||
VFIIX | 0.23 | (0.03) | 0.00 | 0.76 | 0.00 | 0.43 | 1.20 | |||
FUTBX | 0.21 | (0.03) | 0.00 | 0.39 | 0.00 | 0.45 | 1.48 |