Vanguard Multifactor Correlations

VFMF Etf

USD 157.04 0.58 0.37%

The current 90-days correlation between Vanguard Multifactor and EMQQ The Emerging is -0.01 (i.e., Good diversification). The correlation of Vanguard Multifactor 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 Multifactor Correlation With Market

Almost no diversification

The correlation between Vanguard Multifactor 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 Multifactor and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Vanguard Etf

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vanguard Multifactor. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Moving together with Vanguard Etf

0.98	VOE	Vanguard Mid Cap	Pair Corr
0.86	SDY	SPDR SP Dividend	Pair Corr
0.93	DVY	iShares Select Dividend	Pair Corr
0.97	IWS	iShares Russell Mid	Pair Corr
0.85	FVD	First Trust Value	Pair Corr
0.85	SPYD	SPDR Portfolio SP	Pair Corr
0.96	COWZ	Pacer Cash Cows	Pair Corr
0.98	IJJ	iShares SP Mid	Pair Corr
0.97	DON	WisdomTree MidCap	Pair Corr
0.95	RPV	Invesco SP 500	Pair Corr
0.89	AGQ	ProShares Ultra Silver Trending	Pair Corr
0.9	GDXU	MicroSectors Gold Miners Trending	Pair Corr
0.93	JNUG	Direxion Daily Junior	Pair Corr
0.92	NUGT	Direxion Daily Gold	Pair Corr
0.87	LIT	Global X Lithium	Pair Corr
0.94	LITL	Simplify Exchange Traded	Pair Corr
0.7	EEMX	SPDR MSCI Emerging	Pair Corr
0.99	SPVM	Invesco SP 500	Pair Corr
0.98	IWD	iShares Russell 1000	Pair Corr
0.92	JANH	Innovator Equity Premium	Pair Corr
0.83	CAT	Caterpillar Earnings Call This Week	Pair Corr
0.77	BA	Boeing Earnings Call Today	Pair Corr
0.83	JNJ	Johnson Johnson	Pair Corr
0.93	AA	Alcoa Corp Downward Rally	Pair Corr

Moving against Vanguard Etf

0.73	FNGO	MicroSectors FANG Index	Pair Corr
0.55	GBTC	Grayscale Bitcoin Trust	Pair Corr
0.5	NVDL	GraniteShares 15x Long	Pair Corr

Related Correlations Analysis

	VFQY	QINT	KBWD	VIDI	EWJV	EELV	EPOL	WWJD	KBWP	EMQQ
VFQY		0.91	0.86	0.83	0.9	0.8	0.87	0.88	0.43	-0.43	VFQY
QINT	0.91		0.93	0.97	0.98	0.92	0.96	0.97	0.51	-0.55	QINT
KBWD	0.86	0.93		0.92	0.95	0.86	0.84	0.9	0.37	-0.58	KBWD
VIDI	0.83	0.97	0.92		0.95	0.97	0.93	0.97	0.37	-0.49	VIDI
EWJV	0.9	0.98	0.95	0.95		0.91	0.92	0.95	0.45	-0.54	EWJV
EELV	0.8	0.92	0.86	0.97	0.91		0.88	0.92	0.37	-0.48	EELV
EPOL	0.87	0.96	0.84	0.93	0.92	0.88		0.96	0.46	-0.44	EPOL
WWJD	0.88	0.97	0.9	0.97	0.95	0.92	0.96		0.35	-0.4	WWJD
KBWP	0.43	0.51	0.37	0.37	0.45	0.37	0.46	0.35		-0.75	KBWP
EMQQ	-0.43	-0.55	-0.58	-0.49	-0.54	-0.48	-0.44	-0.4	-0.75		EMQQ
	VFQY	QINT	KBWD	VIDI	EWJV	EELV	EPOL	WWJD	KBWP	EMQQ

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

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

EWJV	+ 0.98	QINT
VIDI	+ 0.97	QINT
WWJD	+ 0.97	QINT
EELV	+ 0.97	VIDI
WWJD	+ 0.97	VIDI
EPOL	+ 0.96	QINT

High negative correlations

EMQQ	- 0.75	KBWP
EMQQ	- 0.58	KBWD
EMQQ	- 0.55	QINT
EMQQ	- 0.54	EWJV
EMQQ	- 0.49	VIDI
EMQQ	- 0.48	EELV

Vanguard Multifactor Constituents Risk-Adjusted Indicators

There is a big difference between Vanguard Etf performing well and Vanguard Multifactor 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 Multifactor'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
VFQY	0.64	0.05	(0.01)	0.35	0.75	(0.63)	1.53	(1.30)	3.88
QINT	0.53	0.11	0.12	0.21	0.45	(0.58)	1.29	(1.12)	2.80
KBWD	0.66	0.08	0.08	0.18	0.61	(0.80)	1.61	(1.24)	4.32
VIDI	0.54	0.18	0.22	0.32	0.34	(0.64)	1.25	(0.83)	3.01
EWJV	0.66	0.10	0.08	0.21	0.72	(0.74)	1.71	(1.58)	4.62
EELV	0.38	0.10	0.06	1.27	0.26	(0.44)	0.79	(0.70)	1.92
EPOL	0.96	0.20	0.17	0.36	0.75	(1.14)	2.30	(1.55)	5.14
WWJD	0.50	0.07	0.07	0.17	0.45	(0.54)	1.00	(1.18)	2.39
KBWP	0.65	0.03	(0.02)	0.22	0.78	(0.73)	1.54	(1.21)	4.95
EMQQ	0.86	(0.15)	0.00	(0.36)	0.00	0.00	1.79	(1.61)	5.05

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