Vanguard International Correlations

VIGI Etf

USD 82.58 0.68 0.83%

The current 90-days correlation between Vanguard International and Vanguard International High is 0.86 (i.e., Very poor diversification). The correlation of Vanguard International 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 International Correlation With Market

Very weak diversification

The correlation between Vanguard International Dividen and DJI is 0.52 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vanguard International Dividen 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 International Dividend. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price.

Moving together with Vanguard Etf

0.98	EFG	iShares MSCI EAFE	Pair Corr
0.86	IHDG	WisdomTree International	Pair Corr
0.85	IMTM	iShares MSCI Intl	Pair Corr
0.85	CGXU	Capital Group Intern	Pair Corr
0.95	DNL	WisdomTree Global	Pair Corr
0.97	IQDG	WisdomTree International	Pair Corr
0.98	IDHQ	Invesco SP International	Pair Corr
0.85	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr

Moving against Vanguard Etf

0.82	MSTY	YieldMax MSTR Option	Pair Corr
0.82	BTC	Grayscale Bitcoin Mini	Pair Corr
0.74	TSJA	TSJA	Pair Corr
0.72	QTOC	Innovator ETFs Trust	Pair Corr
0.72	DSJA	DSJA	Pair Corr
0.7	XTOC	Innovator ETFs Trust	Pair Corr
0.61	XTJA	Innovator ETFs Trust	Pair Corr
0.61	XDJA	Innovator ETFs Trust	Pair Corr
0.56	XTAP	Innovator Equity Acc	Pair Corr
0.56	DIVG	Invesco Exchange Traded	Pair Corr
0.55	QTJA	Innovator ETFs Trust	Pair Corr
0.54	QTAP	Innovator Growth 100	Pair Corr
0.48	UPRO	ProShares UltraPro SP500	Pair Corr
0.81	JPM	JPMorgan Chase Fiscal Year End 10th of January 2025	Pair Corr
0.76	DISO	Tidal Trust II	Pair Corr
0.75	DIS	Walt Disney	Pair Corr
0.67	TRV	The Travelers Companies Fiscal Year End 17th of January 2025	Pair Corr
0.61	T	ATT Inc Aggressive Push	Pair Corr
0.53	AA	Alcoa Corp Fiscal Year End 15th of January 2025	Pair Corr
0.52	SPY	SPDR SP 500 Aggressive Push	Pair Corr
0.49	DIVB	iShares Dividend	Pair Corr
0.4	HPQ	HP Inc	Pair Corr

Related Correlations Analysis

	VYMI	VWOB	VNQI	VSS	VONV
VYMI		0.66	0.86	0.97	-0.08	VYMI
VWOB	0.66		0.82	0.69	-0.12	VWOB
VNQI	0.86	0.82		0.89	-0.4	VNQI
VSS	0.97	0.69	0.89		-0.15	VSS
VONV	-0.08	-0.12	-0.4	-0.15		VONV
	VYMI	VWOB	VNQI	VSS	VONV

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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

VSS	+ 0.97	VYMI
VSS	+ 0.89	VNQI
VNQI	+ 0.86	VYMI
VNQI	+ 0.82	VWOB
VSS	+ 0.69	VWOB
VWOB	+ 0.66	VYMI

High negative correlations

VONV	- 0.4	VNQI
VONV	- 0.15	VSS
VONV	- 0.12	VWOB
VONV	- 0.08	VYMI

Vanguard International Constituents Risk-Adjusted Indicators

There is a big difference between Vanguard Etf performing well and Vanguard International 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 International'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
VYMI	0.66	(0.06)	0.00	(0.03)	0.00	0.00	1.61	(1.32)	3.72
VWOB	0.27	(0.02)	(0.36)	(0.01)	0.32	(0.29)	0.49	(0.48)	1.83
VNQI	0.72	(0.08)	0.00	(0.16)	0.00	0.00	1.57	(1.52)	4.40
VSS	0.62	(0.09)	0.00	(0.07)	0.00	0.00	1.71	(1.51)	4.15
VONV	0.53	0.01	(0.02)	0.14	0.31	(0.64)	1.16	(0.83)	3.52

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