Vanguard Total Correlations

VGTSX Fund

USD 19.51 0.02 0.10%

The current 90-days correlation between Vanguard Total Inter and Multimedia Portfolio Multimedia is -0.21 (i.e., Very good diversification). The correlation of Vanguard Total 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 Total Correlation With Market

Good diversification

The correlation between Vanguard Total International and DJI is -0.05 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vanguard Total International 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 Total International. 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 state.

Moving together with Vanguard Mutual Fund

1.0	VTIAX	Vanguard Total Inter	Pair Corr
1.0	VTSNX	Vanguard Total Inter	Pair Corr
1.0	VTPSX	Vanguard Total Inter	Pair Corr
1.0	VTISX	Vanguard Total Inter	Pair Corr
0.82	VTMGX	Vanguard Developed	Pair Corr
0.9	VDVIX	Vanguard Developed	Pair Corr
0.82	VTMNX	Vanguard Developed	Pair Corr
0.9	VDIPX	Vanguard Developed	Pair Corr
0.79	FSPSX	Fidelity International	Pair Corr
0.69	MMM	3M Company Fiscal Year End 28th of January 2025	Pair Corr
0.67	VZ	Verizon Communications Aggressive Push	Pair Corr

Moving against Vanguard Mutual Fund

0.59	JPM	JPMorgan Chase Fiscal Year End 10th of January 2025	Pair Corr
0.52	BAC	Bank of America Aggressive Push	Pair Corr
0.38	DIS	Walt Disney Aggressive Push	Pair Corr

Related Correlations Analysis

	FBMPX	BOSVX	VOLJX	LMUSX	TINAX	CCCCX	ADGAX
FBMPX		0.72	0.68	0.82	0.01	0.8	0.87	FBMPX
BOSVX	0.72		0.75	0.68	0.21	0.8	0.87	BOSVX
VOLJX	0.68	0.75		0.66	0.31	0.63	0.73	VOLJX
LMUSX	0.82	0.68	0.66		-0.05	0.72	0.83	LMUSX
TINAX	0.01	0.21	0.31	-0.05		0.09	0.11	TINAX
CCCCX	0.8	0.8	0.63	0.72	0.09		0.88	CCCCX
ADGAX	0.87	0.87	0.73	0.83	0.11	0.88		ADGAX
	FBMPX	BOSVX	VOLJX	LMUSX	TINAX	CCCCX	ADGAX

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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

ADGAX	+ 0.88	CCCCX
ADGAX	+ 0.87	FBMPX
ADGAX	+ 0.87	BOSVX
ADGAX	+ 0.83	LMUSX
LMUSX	+ 0.82	FBMPX
CCCCX	+ 0.8	FBMPX

High negative correlations

TINAX

- 0.05

LMUSX

Risk-Adjusted Indicators

There is a big difference between Vanguard Mutual Fund performing well and Vanguard Total 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 Total'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
FBMPX	0.73	0.08	0.05	0.21	0.80	(0.75)	1.59	(1.72)	4.09
BOSVX	0.94	0.07	(0.03)	(3.12)	0.92	(1.11)	2.11	(1.62)	8.98
VOLJX	0.78	(0.07)	(0.04)	0.03	1.22	(0.74)	1.47	(2.02)	4.97
LMUSX	0.63	0.12	0.02	(11.72)	0.75	(0.72)	1.52	(1.49)	4.15
TINAX	0.12	0.00	(0.44)	(0.09)	0.10	(0.17)	0.23	(0.23)	0.79
CCCCX	0.66	0.23	0.20	1.80	0.27	(0.83)	1.36	(0.88)	3.85
ADGAX	0.55	0.08	(0.02)	2.46	0.69	(0.58)	1.11	(1.59)	4.36

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