Vanguard Mid Correlations

VO Etf

USD 273.54 2.28 0.83%

The current 90-days correlation between Vanguard Mid Cap and Vanguard Large Cap Index is 0.83 (i.e., Very poor diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Vanguard Mid moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vanguard Mid Cap Index moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Vanguard Mid Correlation With Market

Very poor diversification

The correlation between Vanguard Mid Cap Index and DJI is 0.89 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vanguard Mid Cap Index 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 Mid Cap Index. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons.

Moving together with Vanguard Etf

0.98	VXF	Vanguard Extended Market	Pair Corr
0.98	IJH	iShares Core SP Sell-off Trend	Pair Corr
1.0	IWR	iShares Russell Mid	Pair Corr
0.98	MDY	SPDR SP MIDCAP	Pair Corr
0.95	FV	First Trust Dorsey	Pair Corr
0.98	IVOO	Vanguard SP Mid	Pair Corr
0.99	JHMM	John Hancock Multifactor	Pair Corr
0.97	BBMC	JPMorgan BetaBuilders Mid	Pair Corr
0.99	XMMO	Invesco SP MidCap	Pair Corr
0.88	DSJA	DSJA	Pair Corr
0.86	RSPY	Tuttle Capital Management	Pair Corr
0.82	MEME	Roundhill Investments	Pair Corr
0.79	ITDD	iShares Trust	Pair Corr
0.79	HD	Home Depot	Pair Corr
0.89	CVX	Chevron Corp Fiscal Year End 7th of February 2025	Pair Corr
0.77	TRV	The Travelers Companies Fiscal Year End 17th of January 2025	Pair Corr
0.95	JPM	JPMorgan Chase Fiscal Year End 10th of January 2025	Pair Corr
0.94	CSCO	Cisco Systems	Pair Corr
0.86	AA	Alcoa Corp Sell-off Trend	Pair Corr

Moving against Vanguard Etf

0.8	KO	Coca Cola Fiscal Year End 11th of February 2025	Pair Corr
0.77	JNJ	Johnson Johnson Fiscal Year End 28th of January 2025	Pair Corr
0.76	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.34	DD	Dupont De Nemours Fiscal Year End 4th of February 2025	Pair Corr
0.31	GE	GE Aerospace Fiscal Year End 28th of January 2025	Pair Corr

Related Correlations Analysis

	VB	VV	VBK	VBR	VOT
VB		0.96	0.99	0.99	0.98	VB
VV	0.96		0.97	0.93	0.98	VV
VBK	0.99	0.97		0.97	0.99	VBK
VBR	0.99	0.93	0.97		0.96	VBR
VOT	0.98	0.98	0.99	0.96		VOT
	VB	VV	VBK	VBR	VOT

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Vanguard Mid Constituents Risk-Adjusted Indicators

There is a big difference between Vanguard Etf performing well and Vanguard Mid 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 Mid'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
VB	0.68	0.06	0.09	0.13	0.57	(0.74)	1.66	(1.14)	5.31
VV	0.49	0.06	0.07	0.16	0.47	(0.52)	1.09	(1.00)	3.79
VBK	0.79	0.12	0.15	0.18	0.66	(0.89)	1.79	(1.27)	5.21
VBR	0.66	0.01	0.03	0.09	0.52	(0.74)	1.55	(0.95)	5.71
VOT	0.63	0.12	0.16	0.20	0.46	(0.72)	1.45	(1.13)	4.47

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