Vanguard Ftse Correlations
| VFTAX Fund | USD 56.86 0.05 0.09% |
The current 90-days correlation between Vanguard Ftse Social and Vanguard Global Esg is 0.73 (i.e., Poor 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. If the correlation is 0, the equities are not correlated; they are entirely random.
Vanguard Ftse Correlation With Market
Very weak diversification
The correlation between Vanguard Ftse Social and DJI is 0.47 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vanguard Ftse Social and DJI in the same portfolio, assuming nothing else is changed.
Vanguard |
Moving together with Vanguard Mutual Fund
| 0.65 | VPACX | Vanguard Pacific Stock | PairCorr |
| 0.94 | VSMPX | Vanguard Total Stock | PairCorr |
| 0.78 | VTCAX | Vanguard Telecommunicatio | PairCorr |
| 0.67 | VTMGX | Vanguard Developed | PairCorr |
| 0.71 | VTTHX | Vanguard Target Reti | PairCorr |
| 0.68 | VDVIX | Vanguard Developed | PairCorr |
| 0.64 | VWEHX | Vanguard High Yield | PairCorr |
Related Correlations Analysis
| 0.75 | 0.74 | 0.83 | 0.82 | VEIGX | ||
| 0.75 | 0.34 | 0.79 | 0.9 | ESGV | ||
| 0.74 | 0.34 | 0.63 | 0.45 | VMVAX | ||
| 0.83 | 0.79 | 0.63 | 0.92 | VDADX | ||
| 0.82 | 0.9 | 0.45 | 0.92 | VTWAX | ||
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Risk-Adjusted Indicators
There is a big difference between Vanguard Mutual Fund performing well and Vanguard Ftse 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 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| VEIGX | 0.44 | 0.02 | 0.02 | 0.03 | 0.73 | 0.79 | 3.49 | |||
| ESGV | 0.65 | 0.01 | 0.01 | 0.01 | 0.98 | 1.18 | 4.19 | |||
| VMVAX | 0.56 | (0.04) | 0.00 | (0.08) | 0.00 | 1.12 | 4.22 | |||
| VDADX | 0.51 | 0.02 | 0.04 | 0.04 | 0.66 | 0.98 | 3.75 | |||
| VTWAX | 0.52 | 0.03 | 0.04 | 0.05 | 0.76 | 1.04 | 3.51 |