Vanguard International Correlations

VIGI Etf

USD 80.20 0.16 0.20%

The current 90-days correlation between Vanguard International and Vanguard International High is 0.32 (i.e., Weak 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

Weak diversification

The correlation between Vanguard International Dividen and DJI is 0.35 (i.e., 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

0.7	CGXU	Capital Group Intern	Pair Corr
0.71	PIZ	Invesco DWA Developed	Pair Corr
0.62	BKCI	BNY Mellon ETF	Pair Corr
0.87	IRET	iREIT MarketVector	Pair Corr

Moving against Vanguard Etf

0.51	ARKW	ARK Next Generation	Pair Corr
0.69	PJAN	Innovator SP 500	Pair Corr
0.68	ICSH	iShares Ultra Short	Pair Corr
0.58	BTC	Grayscale Bitcoin Mini	Pair Corr
0.57	SEIX	Virtus ETF Trust	Pair Corr
0.55	TSL	GraniteShares 125x Long	Pair Corr
0.53	BRLN	Blackrock ETF Trust	Pair Corr
0.47	FTLS	First Trust LongShort	Pair Corr
0.46	YMAG	YieldMax Magnificent	Pair Corr
0.42	BITX	Volatility Shares Trust Buyout Trend	Pair Corr
0.41	SPYG	SPDR Portfolio SP	Pair Corr
0.37	VUG	Vanguard Growth Index	Pair Corr
0.78	MINT	PIMCO Enhanced Short	Pair Corr
0.67	QYLD	Global X NASDAQ	Pair Corr
0.62	GJAN	First Trust Exchange	Pair Corr
0.61	BILS	SPDR Series Trust	Pair Corr
0.58	BNO	United States Brent	Pair Corr
0.56	YEAR	AB Ultra Short	Pair Corr

Related Correlations Analysis

	VYMI	VWOB	VNQI	VSS	VONV
VYMI		0.42	0.62	0.6	0.35	VYMI
VWOB	0.42		0.38	0.6	0.65	VWOB
VNQI	0.62	0.38		0.91	0.45	VNQI
VSS	0.6	0.6	0.91		0.46	VSS
VONV	0.35	0.65	0.45	0.46		VONV
	VYMI	VWOB	VNQI	VSS	VONV

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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	0.57	(0.08)	0.00	(0.96)	0.00	0.00	0.89	(1.53)	4.06
VWOB	0.29	(0.02)	0.00	(0.11)	0.00	0.00	0.60	(0.49)	2.41
VNQI	0.60	(0.13)	0.00	(0.63)	0.00	0.00	1.31	(1.51)	3.99
VSS	0.56	(0.10)	0.00	(0.35)	0.00	0.00	0.98	(1.51)	4.27
VONV	0.55	(0.02)	(0.03)	0.00	0.66	(0.64)	1.13	(0.83)	5.36

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