VANGUARD DEVELOPED Kurtosis
| VTMGX Fund | | | USD 22.76 0.59 2.66% |
Kurtosis is a measure of the return distribution. In a similar way to the concept of skewness, kurtosis is a descriptor of the shape of a return distribution. There are various interpretations of kurtosis, and of how particular measures should be interpreted; these are primarily peakedness (width of peak), tail weight, and lack of shoulders (distribution primarily peak and tails, not in between). Below is VANGUARD DEVELOPED's current Kurtosis with peer comparisons and related risk metrics.
Current Kurtosis Value
VANGUARD DEVELOPED registers a Kurtosis of 1.18, reflecting thin tails relative to a normal distribution. VANGUARD DEVELOPED's returns cluster closer to the mean with fewer extreme moves than a normal distribution.
Kurtosis Peers Comparison
VANGUARD DEVELOPED's Kurtosis of 1.18 falls above the 0.55 peer average. Values range from 0.3334 (Vanguard Small Cap Index) to 1.17 (Vanguard Developed Markets), with wide dispersion across the group.
Kurtosis Relative To Other Indicators
The chart below plots Kurtosis against Maximum Drawdown for Vanguard Developed and its peers. Each point represents one equity — position along the horizontal axis shows Kurtosis while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
VANGUARD DEVELOPED's Maximum Drawdown of
5.93 runs about
5.04 times its Kurtosis of
1.18 . This indicates Maximum Drawdown substantially exceeds Kurtosis for VANGUARD DEVELOPED.
Methodology, Assumptions & Data Sources
The current Kurtosis for VANGUARD DEVELOPED is 1.18. The Kurtosis for VANGUARD DEVELOPED is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. The output reflects the selected calculation window — changing the horizon will produce different readings. This fund metric is provided for analytical reference.
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