Vanguard Lifestrategy Correlations

Mutual Funds . USA . 
Fund . Vanguard Lifestrategy Moderate
VSMGX Fund  USD 33.79  0.01  0.03%   
The current 90-days correlation between Vanguard Lifestrategy and Vanguard Wellesley Income is 0.73 (i.e., Poor diversification). The correlation of Vanguard Lifestrategy 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 Lifestrategy Correlation With Market

Poor diversification

The correlation between Vanguard Lifestrategy Moderate and DJI is 0.74 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vanguard Lifestrategy Moderate 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 Lifestrategy Moderate. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in price.

Moving together with Vanguard Mutual Fund

  0.92VMIAX Vanguard Materials IndexPairCorr
  0.77VMNVX Vanguard Global MinimumPairCorr
  0.67VMMSX Vanguard Emerging MarketsPairCorr
  0.78VMVAX Vanguard Mid CapPairCorr
  0.78VMVIX Vanguard Mid CapPairCorr
  0.77VMVFX Vanguard Global MinimumPairCorr
  0.68VPCCX Vanguard PrimecapPairCorr
  0.85VPMCX Vanguard PrimecapPairCorr
  0.85VPMAX Vanguard PrimecapPairCorr
  0.69NAESX Vanguard Small CapPairCorr
  0.74VQNPX Vanguard Growth AndPairCorr
  0.69VSCIX Vanguard Small CapPairCorr
  0.64VSCPX Vanguard Small CapPairCorr
  0.63VSEMX Vanguard Extended MarketPairCorr
  0.73VSEQX Vanguard Strategic EquityPairCorr
  0.98VASGX Vanguard LifestrategyPairCorr
  0.67VSGAX Vanguard Small CapPairCorr
  0.77VASVX Vanguard Selected ValuePairCorr
  0.67VSGIX Vanguard Small CapPairCorr
  0.65VSIAX Vanguard Small CapPairCorr
  0.7VSIIX Vanguard Small CapPairCorr
  0.64VSMAX Vanguard Small CapPairCorr
  0.75VSMPX Vanguard Total StockPairCorr
  0.75VSTSX Vanguard Total StockPairCorr

Related Correlations Analysis

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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   
VWENX
+ 0.97
VIGAX
VFIAX
+ 0.95
VIGAX
VFIAX
+ 0.94
VWENX
VBTLX
+ 0.43
VWIAX
VWENX
+ 0.38
VWIAX
VFIAX
+ 0.19
VWIAX
  
High negative correlations   
VIGAX
- 0.76
VBTLX
VFIAX
- 0.74
VBTLX
VWENX
- 0.61
VBTLX

Risk-Adjusted Indicators

There is a big difference between Vanguard Mutual Fund performing well and Vanguard Lifestrategy Mutual Fund 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 Lifestrategy'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.

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