VANGUARD DEVELOPED Variance
| VTMGX Fund | | | USD 22.76 0.59 2.66% |
Variance is another measure of security risk that shows the amount of dispersion of equity returns around their mean value. Variance is calculated as the average squared deviations from the mean. Evaluating a set of investment alternatives one can use variance to help determine the volatility when purchasing a specific security. Similar to Standard Deviation, the variance is a measure of how far a set of numbers is spread out around its mean. Below is VANGUARD DEVELOPED's current Variance with peer comparisons and related risk metrics.
Current Variance Value
The Variance of 1.95 for VANGUARD DEVELOPED indicates moderate price variability. This places VANGUARD DEVELOPED within the typical volatility range for Mutual Fund Funds.
Variance | = | SUM(RET DEV)2N |
| = | 1.95 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Variance Peers Comparison
VANGUARD DEVELOPED's Variance of 1.95 falls above the 1.21 peer average. Values range from 0.5502 (Vanguard Value Index) to 2.17 (Vanguard FTSE Developed), with wide dispersion across the group. VANGUARD DEVELOPED has exhibited greater price dispersion than the peer average over the measured period.
Variance Relative To Other Indicators
The chart below plots Variance against Maximum Drawdown for Vanguard Developed and its peers. Each point represents one equity — position along the horizontal axis shows Variance 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
3.04 times its Variance of
1.95 . This indicates Maximum Drawdown is significantly higher than Variance for VANGUARD DEVELOPED.
Methodology, Assumptions & Data Sources
The current Variance for VANGUARD DEVELOPED is 1.95. The Variance for VANGUARD DEVELOPED applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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