VANGUARD TOTAL Correlations

VSMPX Fund

USD 321.63 2.21 0.69%

Current 90-days correlation between Vanguard Total fund and Vanguard Total World is 0.97 (i.e., Minimal diversification benefit).Investors use its correlation structure to evaluate hedging opportunities and diversification potential.

Market Correlation Context: VANGUARD TOTAL

Very poor diversification

Across the chosen horizon, VANGUARD TOTAL and Dow Jones show a correlation of 0.88 and fall into the Very poor diversification bucket. The overlap area shows the portion of risk diversified away by holding both instruments together.

Portfolio construction depends on how individual positions interact with the broader allocation. Broader allocation clarity strengthens diversification analysis. Historical return correlation between positions is a key input for construction decisions. Broader economic conditions can influence Vanguard Total Stock's mutual fund valuation - related indicators include signals in metropolitan statistical area.

Moving together with VANGUARD Mutual Fund

0.94	NAESX	Vanguard Small Cap	Pair Corr
0.94	VSCIX	Vanguard Small Cap	Pair Corr
0.94	VSCPX	Vanguard Small Cap	Pair Corr
0.94	VSMAX	Vanguard Small Cap	Pair Corr
0.94	VSTSX	Vanguard Total Stock	Pair Corr
0.87	VSTCX	Vanguard Strategic	Pair Corr
0.99	VBAIX	Vanguard Balanced Index	Pair Corr
0.97	VSVNX	Vanguard Target	Pair Corr
0.99	VBIAX	Vanguard Balanced Index	Pair Corr
0.85	VTIAX	Vanguard Total	Pair Corr
0.85	VTISX	Vanguard Total	Pair Corr
0.8	VTMGX	Vanguard Developed	Pair Corr
0.8	VTMNX	Vanguard Developed	Pair Corr
0.85	VTPSX	Vanguard Total	Pair Corr
1.0	VTSAX	Vanguard Total Stock	Pair Corr
1.0	VTSMX	Vanguard Total Stock	Pair Corr
0.85	VTSNX	Vanguard Total	Pair Corr
0.98	VDEQX	Vanguard Diversified	Pair Corr
0.8	VDIPX	Vanguard Developed	Pair Corr
0.8	VDVIX	Vanguard Developed	Pair Corr
0.8	VEIRX	Vanguard Equity Income	Pair Corr
0.62	VWAHX	Vanguard High Yield	Pair Corr
0.85	VWEHX	Vanguard High Yield	Pair Corr
0.89	VEVFX	Vanguard Explorer Value	Pair Corr
0.91	VWNAX	Vanguard Windsor	Pair Corr
0.91	VWUAX	Vanguard Growth	Pair Corr
0.97	VFFVX	Vanguard Target	Pair Corr
1.0	VFFSX	Vanguard 500 Index	Pair Corr
1.0	VFIAX	Vanguard 500 Index	Pair Corr
1.0	VFINX	Vanguard 500 Index	Pair Corr
0.65	VGHCX	Vanguard Health Care	Pair Corr

Moving Against VANGUARD Mutual Fund

0.62

VENAX

Vanguard Energy Index

Pair Corr

Related Correlations Analysis

	VFIAX	VEXAX	VEMPX	VEMRX	VSGAX	VSMAX	VIGIX	VVIAX	VMVAX	VTWIX
VFIAX		0.95	0.95	0.91	0.92	0.92	0.96	0.71	0.7	0.97	VFIAX
VEXAX	0.95		1.0	0.89	0.98	0.98	0.9	0.7	0.75	0.94	VEXAX
VEMPX	0.95	1.0		0.89	0.98	0.98	0.9	0.7	0.75	0.94	VEMPX
VEMRX	0.91	0.89	0.89		0.85	0.92	0.8	0.84	0.81	0.98	VEMRX
VSGAX	0.92	0.98	0.98	0.85		0.95	0.89	0.64	0.72	0.9	VSGAX
VSMAX	0.92	0.98	0.98	0.92	0.95		0.81	0.83	0.86	0.96	VSMAX
VIGIX	0.96	0.9	0.9	0.8	0.89	0.81		0.48	0.48	0.87	VIGIX
VVIAX	0.71	0.7	0.7	0.84	0.64	0.83	0.48		0.96	0.83	VVIAX
VMVAX	0.7	0.75	0.75	0.81	0.72	0.86	0.48	0.96		0.82	VMVAX
VTWIX	0.97	0.94	0.94	0.98	0.9	0.96	0.87	0.83	0.82		VTWIX
	VFIAX	VEXAX	VEMPX	VEMRX	VSGAX	VSMAX	VIGIX	VVIAX	VMVAX	VTWIX

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Risk-Adjusted Indicators

VANGUARD TOTAL Mutual Fund can look attractive on recent price action while risk efficiency lags the peer group. Risk-adjusted metrics help compare VANGUARD TOTAL's efficiency and downside exposure against peers on a like-for-like basis. These indicators are quantitative in nature and measure volatility and risk-adjusted expected returns across different positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
VFIAX	0.71	0.06	0.07	0.07	0.78	-0.76	1.20	-1.52	3.71
VEXAX	0.95	0.04	0.03	0.03	1.20	-0.94	2.05	-1.96	5.80
VEMPX	0.95	0.04	0.03	0.03	1.20	-0.94	2.05	-1.96	5.80
VEMRX	0.92	0.08	0.06	0.08	1.19	-0.88	1.95	-2.22	5.97
VSGAX	1.15	0.05	0.03	0.04	1.44	-1.18	2.18	-2.42	7.12
VSMAX	0.84	0.04	0.03	0.03	1.13	-0.78	1.93	-1.79	5.44
VIGIX	1.02	0.07	0.06	0.07	1.18	-1.01	1.97	-1.90	5.17
VVIAX	0.53	0.04	0.05	0.06	0.65	-0.54	0.84	-1.20	3.25
VMVAX	0.60	0.06	0.07	0.09	0.69	-0.60	1.24	-1.31	3.64
VTWIX	0.77	0.06	0.06	0.07	0.93	-0.82	1.48	-1.78	4.38