Vanguard Scottsdale Correlations

VRTVX Etf

USD 310.33 5.49 1.80%

The correlation of Vanguard Scottsdale 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 Scottsdale Correlation With Market

Very poor diversification

The correlation between Vanguard Scottsdale Funds and DJI is 0.86 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vanguard Scottsdale Funds 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 Scottsdale Funds. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in real.

Moving together with Vanguard Etf

0.8	VBR	Vanguard Small Cap	Pair Corr
0.82	IWN	iShares Russell 2000	Pair Corr
0.81	DFAT	Dimensional Targeted	Pair Corr
0.82	IJS	iShares SP Small	Pair Corr
0.82	SLYV	SPDR SP 600	Pair Corr
0.98	AVUV	Avantis Small Cap	Pair Corr
0.99	DES	WisdomTree SmallCap	Pair Corr
0.73	CALF	Pacer Small Cap	Pair Corr
0.82	VIOV	Vanguard SP Small	Pair Corr
0.87	UPRO	ProShares UltraPro SP500	Pair Corr
0.8	QTJA	Innovator ETFs Trust	Pair Corr
0.76	QTOC	Innovator ETFs Trust	Pair Corr
0.88	XTOC	Innovator ETFs Trust	Pair Corr
0.74	QTAP	Innovator Growth 100	Pair Corr
0.7	TSJA	TSJA	Pair Corr
0.81	XTJA	Innovator ETFs Trust	Pair Corr
0.68	DSJA	DSJA	Pair Corr
0.82	XDJA	Innovator ETFs Trust	Pair Corr
0.86	XTAP	Innovator Equity Acc	Pair Corr
0.79	INTC	Intel Fiscal Year End 23rd of January 2025	Pair Corr
0.73	WMT	Walmart Aggressive Push	Pair Corr
0.62	CAT	Caterpillar Fiscal Year End 3rd of February 2025	Pair Corr
0.82	JPM	JPMorgan Chase Fiscal Year End 10th of January 2025	Pair Corr
0.86	BAC	Bank of America Fiscal Year End 10th of January 2025	Pair Corr
0.75	DIS	Walt Disney	Pair Corr
0.67	TRV	The Travelers Companies Fiscal Year End 17th of January 2025	Pair Corr
0.81	CSCO	Cisco Systems Aggressive Push	Pair Corr

Moving against Vanguard Etf

0.71	KO	Coca Cola Aggressive Push	Pair Corr
0.71	JNJ	Johnson Johnson Sell-off Trend	Pair Corr
0.68	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr

Related Correlations Analysis

	VCRM	VDYIF	VFLQ	VMBS	VSDM	VEMGF	VNGGF	VNGDF	VNGCF
VCRM		0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	VCRM
VDYIF	0.0		0.0	-0.58	0.0	0.3	0.0	0.38	0.0	VDYIF
VFLQ	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	VFLQ
VMBS	0.0	-0.58	0.0		0.0	-0.32	0.0	-0.67	0.0	VMBS
VSDM	0.0	0.0	0.0	0.0		0.0	0.0	0.0	0.0	VSDM
VEMGF	0.0	0.3	0.0	-0.32	0.0		0.0	0.3	0.0	VEMGF
VNGGF	0.0	0.0	0.0	0.0	0.0	0.0		0.0	0.0	VNGGF
VNGDF	0.0	0.38	0.0	-0.67	0.0	0.3	0.0		0.0	VNGDF
VNGCF	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0		VNGCF
	VCRM	VDYIF	VFLQ	VMBS	VSDM	VEMGF	VNGGF	VNGDF	VNGCF

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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

VNGDF	+ 0.38	VDYIF
VEMGF	+ 0.3	VDYIF
VNGDF	+ 0.3	VEMGF
VDYIF	+ 0.0	VCRM
VFLQ	+ 0.0	VCRM
VMBS	+ 0.0	VCRM

High negative correlations

VNGDF	- 0.67	VMBS
VMBS	- 0.58	VDYIF
VEMGF	- 0.32	VMBS
VNGCF	- 0.0	VNGDF
VNGCF	- 0.0	VNGGF
VNGDF	- 0.0	VNGGF

Vanguard Scottsdale Constituents Risk-Adjusted Indicators

There is a big difference between Vanguard Etf performing well and Vanguard Scottsdale 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 Scottsdale'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
VCRM	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
VDYIF	0.35	0.17	0.00	3.84	0.00	0.00	0.44	0.00	8.28
VFLQ	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
VMBS	0.22	(0.05)	0.00	(0.48)	0.00	0.00	0.35	(0.63)	1.51
VSDM	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
VEMGF	0.07	0.00	0.00	0.10	0.00	0.00	0.21	0.00	1.81
VNGGF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
VNGDF	0.47	0.06	(0.01)	0.28	0.54	(1.16)	1.55	(0.96)	6.44
VNGCF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

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