Vanguard Funds Correlations

VNGDF Etf

USD 113.81 0.61 0.54%

The current 90-days correlation between Vanguard Funds Public and iShares Public Limited is -0.06 (i.e., Good diversification). The correlation of Vanguard Funds 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 Funds Correlation With Market

Weak diversification

The correlation between Vanguard Funds Public and DJI is 0.37 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vanguard Funds Public 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 Funds Public. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Moving together with Vanguard Pink Sheet

0.84	VTI	Vanguard Total Stock	Pair Corr
0.84	SPY	SPDR SP 500 Aggressive Push	Pair Corr
0.84	IVV	iShares Core SP	Pair Corr
0.85	VTV	Vanguard Value Index	Pair Corr
0.81	VUG	Vanguard Growth Index	Pair Corr
0.87	VO	Vanguard Mid Cap	Pair Corr
0.8	VB	Vanguard Small Cap	Pair Corr
0.83	SHLD	Global X Funds	Pair Corr
0.67	DUKH	Ocean Park High	Pair Corr
0.81	WINN	Harbor Long Term	Pair Corr
0.84	T	ATT Inc Sell-off Trend	Pair Corr
0.76	HD	Home Depot	Pair Corr
0.84	AXP	American Express Fiscal Year End 24th of January 2025	Pair Corr
0.7	CVX	Chevron Corp Fiscal Year End 7th of February 2025	Pair Corr
0.81	TRV	The Travelers Companies Fiscal Year End 17th of January 2025	Pair Corr
0.69	DIS	Walt Disney Aggressive Push	Pair Corr
0.83	WMT	Walmart Aggressive Push	Pair Corr
0.83	INTC	Intel Fiscal Year End 23rd of January 2025	Pair Corr
0.63	JPM	JPMorgan Chase Sell-off Trend	Pair Corr
0.72	HPQ	HP Inc	Pair Corr
0.86	CSCO	Cisco Systems Aggressive Push	Pair Corr

Moving against Vanguard Pink Sheet

0.82	FNGD	MicroSectors FANG Index	Pair Corr
0.61	BND	Vanguard Total Bond Sell-off Trend	Pair Corr
0.61	HUM	Humana Inc Fiscal Year End 23rd of January 2025	Pair Corr
0.54	VEA	Vanguard FTSE Developed	Pair Corr
0.34	LUX	Tema ETF Trust	Pair Corr
0.67	JNJ	Johnson Johnson Sell-off Trend	Pair Corr
0.67	KO	Coca Cola Aggressive Push	Pair Corr

Related Correlations Analysis

	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM
META		0.28	0.56	-0.01	0.59	0.02	0.66	0.28	-0.55	0.71	META
MSFT	0.28		0.24	0.11	0.18	-0.01	0.01	-0.17	0.12	-0.19	MSFT
UBER	0.56	0.24		-0.03	0.0	0.26	0.03	-0.11	0.05	0.36	UBER
F	-0.01	0.11	-0.03		0.06	-0.38	0.4	0.65	-0.28	0.3	F
T	0.59	0.18	0.0	0.06		-0.5	0.75	0.52	-0.77	0.38	T
A	0.02	-0.01	0.26	-0.38	-0.5		-0.48	-0.64	0.64	-0.01	A
CRM	0.66	0.01	0.03	0.4	0.75	-0.48		0.84	-0.92	0.68	CRM
JPM	0.28	-0.17	-0.11	0.65	0.52	-0.64	0.84		-0.83	0.51	JPM
MRK	-0.55	0.12	0.05	-0.28	-0.77	0.64	-0.92	-0.83		-0.56	MRK
XOM	0.71	-0.19	0.36	0.3	0.38	-0.01	0.68	0.51	-0.56		XOM
	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM

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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

JPM	+ 0.84	CRM
CRM	+ 0.75	T
XOM	+ 0.71	META
XOM	+ 0.68	CRM
CRM	+ 0.66	META
JPM	+ 0.65	F

High negative correlations

MRK	- 0.92	CRM
MRK	- 0.83	JPM
MRK	- 0.77	T
JPM	- 0.64	A
XOM	- 0.56	MRK
MRK	- 0.55	META

Vanguard Funds Competition Risk-Adjusted Indicators

There is a big difference between Vanguard Pink Sheet performing well and Vanguard Funds Company 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 Funds' 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
META	1.06	0.02	(0.01)	0.15	1.41	(1.14)	2.62	(3.15)	8.02
MSFT	0.88	(0.08)	(0.07)	0.01	1.51	(0.83)	2.09	(1.85)	8.19
UBER	1.62	(0.12)	(0.05)	0.00	2.25	(1.79)	2.69	(2.44)	20.10
F	1.41	(0.13)	(0.03)	0.03	2.20	(1.39)	2.53	(2.90)	11.21
T	0.92	0.26	0.13	(10.00)	0.86	(1.04)	2.56	(1.72)	6.47
A	1.14	(0.13)	0.00	(0.12)	0.00	0.00	2.29	(2.42)	9.02
CRM	1.28	0.26	0.21	0.35	0.91	(1.51)	3.18	(1.91)	9.09
JPM	1.12	0.00	0.06	0.12	1.44	(1.17)	2.05	(2.00)	15.87
MRK	0.88	(0.24)	0.00	(0.81)	0.00	0.00	2.00	(2.13)	4.89
XOM	1.03	0.00	(0.04)	0.12	1.25	(1.10)	2.14	(2.09)	5.78

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