Vanguard Real Correlations

VNQ Etf

USD 95.52 0.70 0.74%

The current 90-days correlation between Vanguard Real Estate and Vanguard FTSE Emerging is 0.15 (i.e., Average diversification). The correlation of Vanguard Real 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 Real Correlation With Market

Average diversification

The correlation between Vanguard Real Estate and DJI is 0.12 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vanguard Real Estate 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 Real Estate. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Moving together with Vanguard Etf

0.99	XLRE	Real Estate	Pair Corr
0.99	IYR	iShares Real Estate	Pair Corr
0.98	ICF	iShares Cohen Steers	Pair Corr
0.97	USRT	iShares Core REIT	Pair Corr
0.85	IRET	Tidal Trust II	Pair Corr
0.79	GREI	Goldman Sachs Future	Pair Corr
0.75	VZ	Verizon Communications Aggressive Push	Pair Corr

Moving against Vanguard Etf

0.35	MORE	MORE	Pair Corr
0.36	JPM	JPMorgan Chase Fiscal Year End 10th of January 2025	Pair Corr

Related Correlations Analysis

	VWO	VYM	VTI	BND	VIG
VWO		0.61	0.53	-0.24	0.6	VWO
VYM	0.61		0.96	-0.66	0.97	VYM
VTI	0.53	0.96		-0.72	0.93	VTI
BND	-0.24	-0.66	-0.72		-0.5	BND
VIG	0.6	0.97	0.93	-0.5		VIG
	VWO	VYM	VTI	BND	VIG

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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

VIG	+ 0.97	VYM
VTI	+ 0.96	VYM
VIG	+ 0.93	VTI
VYM	+ 0.61	VWO
VIG	+ 0.6	VWO
VTI	+ 0.53	VWO

High negative correlations

BND	- 0.72	VTI
BND	- 0.66	VYM
VIG	- 0.5	BND
BND	- 0.24	VWO

Vanguard Real Constituents Risk-Adjusted Indicators

There is a big difference between Vanguard Etf performing well and Vanguard Real 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 Real'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
VWO	0.83	(0.01)	(0.05)	0.07	1.01	(0.92)	2.10	(1.70)	6.41
VYM	0.51	0.01	0.00	0.10	0.40	(0.60)	1.06	(0.81)	3.69
VTI	0.58	0.01	0.01	0.10	0.66	(0.62)	1.27	(1.27)	4.07
BND	0.22	(0.03)	0.00	0.58	0.00	0.00	0.42	(0.60)	1.35
VIG	0.51	(0.02)	(0.05)	0.07	0.49	(0.54)	1.05	(0.88)	3.23

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