Vanguard High Correlations

VYM Etf

USD 130.85 0.98 0.74%

The current 90-days correlation between Vanguard High Dividend and Vanguard Dividend Appreciation is 0.91 (i.e., Almost no diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Vanguard High moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vanguard High Dividend moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Vanguard High Correlation With Market

Very poor diversification

The correlation between Vanguard High Dividend 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 High Dividend 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 High Dividend. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

Moving together with Vanguard Etf

0.91	VTV	Vanguard Value Index	Pair Corr
0.98	IWD	iShares Russell 1000	Pair Corr
0.91	DGRO	iShares Core Dividend	Pair Corr
0.92	IVE	iShares SP 500	Pair Corr
0.9	DVY	iShares Select Dividend	Pair Corr
0.97	SPYV	SPDR Portfolio SP	Pair Corr
0.86	FVD	First Trust Value	Pair Corr
0.97	IUSV	iShares Core SP	Pair Corr
0.61	NOBL	ProShares SP 500	Pair Corr
0.89	SIXD	AIM ETF Products	Pair Corr
0.72	CEFD	ETRACS Monthly Pay	Pair Corr
0.76	TSJA	TSJA	Pair Corr
0.78	DSJA	DSJA	Pair Corr
0.91	JPM	JPMorgan Chase Fiscal Year End 10th of January 2025	Pair Corr
0.86	CVX	Chevron Corp Fiscal Year End 7th of February 2025	Pair Corr
0.72	CAT	Caterpillar Fiscal Year End 3rd of February 2025	Pair Corr
0.78	TRV	The Travelers Companies Fiscal Year End 17th of January 2025	Pair Corr
0.87	AA	Alcoa Corp Sell-off Trend	Pair Corr
0.75	WMT	Walmart Aggressive Push	Pair Corr
0.73	T	ATT Inc Sell-off Trend	Pair Corr

Moving against Vanguard Etf

0.85	ULE	ProShares Ultra Euro	Pair Corr
0.76	VIIX	VIIX	Pair Corr
0.71	YCL	ProShares Ultra Yen	Pair Corr
0.67	FXY	Invesco CurrencyShares	Pair Corr
0.54	PFFL	ETRACS 2xMonthly Pay	Pair Corr
0.73	PFE	Pfizer Inc Aggressive Push	Pair Corr
0.71	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.71	KO	Coca Cola Fiscal Year End 11th of February 2025	Pair Corr
0.64	JNJ	Johnson Johnson Fiscal Year End 28th of January 2025	Pair Corr

Related Correlations Analysis

	VIG	SCHD	VNQ	VTI	VOO
VIG		0.87	0.03	0.9	0.9	VIG
SCHD	0.87		-0.07	0.85	0.84	SCHD
VNQ	0.03	-0.07		-0.23	-0.25	VNQ
VTI	0.9	0.85	-0.23		1.0	VTI
VOO	0.9	0.84	-0.25	1.0		VOO
	VIG	SCHD	VNQ	VTI	VOO

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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

VOO	+ 1.0	VTI
VTI	+ 0.9	VIG
VOO	+ 0.9	VIG
SCHD	+ 0.87	VIG
VTI	+ 0.85	SCHD
VOO	+ 0.84	SCHD

High negative correlations

VOO	- 0.25	VNQ
VTI	- 0.23	VNQ
VNQ	- 0.07	SCHD

Vanguard High Constituents Risk-Adjusted Indicators

There is a big difference between Vanguard Etf performing well and Vanguard High 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 High'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
VIG	0.47	(0.01)	(0.05)	0.06	0.38	(0.55)	1.05	(0.76)	3.23
SCHD	0.50	0.04	(0.04)	0.35	0.46	(0.56)	0.97	(0.84)	3.18
VNQ	0.68	(0.08)	0.00	(0.57)	0.00	0.00	1.21	(1.46)	3.46
VTI	0.49	0.06	0.07	0.15	0.44	(0.57)	0.97	(0.91)	4.07
VOO	0.46	0.06	0.06	0.16	0.44	(0.49)	0.95	(0.91)	3.78

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