Vanguard Reit Correlations

VGSIX Fund

USD 32.42 0.43 1.34%

The current 90-days correlation between Vanguard Reit Index and Vanguard Emerging Markets is 0.12 (i.e., Average diversification). The correlation of Vanguard Reit 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 Reit Correlation With Market

Average diversification

The correlation between Vanguard Reit Index and DJI is 0.14 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vanguard Reit Index and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vanguard Reit Index. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Moving together with Vanguard Mutual Fund

0.71	HR	Healthcare Realty Trust	Pair Corr
0.68	WY	Weyerhaeuser Fiscal Year End 23rd of January 2025	Pair Corr
0.63	VNO-PL	Vornado Realty Trust	Pair Corr
0.61	VICI	VICI Properties	Pair Corr
0.67	EPRT	Essential Properties	Pair Corr

Moving against Vanguard Mutual Fund

0.5	PW	Power REIT	Pair Corr
0.45	EMITF	Elbit Imaging	Pair Corr

Related Correlations Analysis

	VEMAX	VSMAX	VTIAX	VBTLX	VIMAX
VEMAX		0.39	0.66	-0.23	0.48	VEMAX
VSMAX	0.39		-0.21	-0.72	0.98	VSMAX
VTIAX	0.66	-0.21		0.45	-0.18	VTIAX
VBTLX	-0.23	-0.72	0.45		-0.73	VBTLX
VIMAX	0.48	0.98	-0.18	-0.73		VIMAX
	VEMAX	VSMAX	VTIAX	VBTLX	VIMAX

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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

VIMAX	+ 0.98	VSMAX
VTIAX	+ 0.66	VEMAX
VIMAX	+ 0.48	VEMAX
VBTLX	+ 0.45	VTIAX
VSMAX	+ 0.39	VEMAX

High negative correlations

VIMAX	- 0.73	VBTLX
VBTLX	- 0.72	VSMAX
VBTLX	- 0.23	VEMAX
VTIAX	- 0.21	VSMAX
VIMAX	- 0.18	VTIAX

Risk-Adjusted Indicators

There is a big difference between Vanguard Mutual Fund performing well and Vanguard Reit 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 Reit'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
VEMAX	0.72	(0.02)	(0.10)	0.08	0.84	(0.81)	1.57	(1.68)	4.60
VSMAX	0.76	0.04	0.07	0.15	0.67	(0.87)	1.75	(1.25)	5.36
VTIAX	0.63	(0.10)	0.00	(0.08)	0.00	0.00	1.44	(1.59)	4.11
VBTLX	0.21	(0.02)	0.00	0.48	0.00	0.00	0.42	(0.62)	1.36
VIMAX	0.57	0.05	0.06	0.18	0.38	(0.69)	1.30	(0.93)	3.54

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