Vanguard FTSE Correlations
VEU Etf | USD 62.93 0.50 0.80% |
The current 90-days correlation between Vanguard FTSE All and Vanguard FTSE Emerging is 0.9 (i.e., Almost no diversification). The correlation of Vanguard FTSE 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 FTSE Correlation With Market
Poor diversification
The correlation between Vanguard FTSE All World and DJI is 0.79 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vanguard FTSE All World and DJI in the same portfolio, assuming nothing else is changed.
Vanguard |
Moving together with Vanguard Etf
0.97 | VEA | Vanguard FTSE Developed | PairCorr |
0.97 | IEFA | iShares Core MSCI | PairCorr |
0.97 | EFA | iShares MSCI EAFE | PairCorr |
1.0 | IXUS | iShares Core MSCI | PairCorr |
0.98 | SPDW | SPDR SP World | PairCorr |
0.97 | IDEV | iShares Core MSCI | PairCorr |
0.97 | ESGD | iShares ESG Aware | PairCorr |
0.99 | DFAX | Dimensional World | PairCorr |
0.97 | IQLT | iShares MSCI Intl | PairCorr |
0.85 | ARKW | ARK Next Generation | PairCorr |
0.91 | EWC | iShares MSCI Canada | PairCorr |
0.9 | CSCO | Cisco Systems | PairCorr |
0.83 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
0.63 | T | ATT Inc Fiscal Year End 22nd of January 2025 | PairCorr |
0.74 | GE | GE Aerospace Fiscal Year End 28th of January 2025 | PairCorr |
0.86 | DD | Dupont De Nemours Fiscal Year End 4th of February 2025 | PairCorr |
0.73 | VZ | Verizon Communications Fiscal Year End 28th of January 2025 | PairCorr |
0.87 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
0.65 | MCD | McDonalds Fiscal Year End 3rd of February 2025 | PairCorr |
Moving against Vanguard Etf
0.59 | HUM | Humana Inc Fiscal Year End 23rd of January 2025 | PairCorr |
0.43 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
Related Correlations Analysis
Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Vanguard FTSE Constituents Risk-Adjusted Indicators
There is a big difference between Vanguard Etf performing well and Vanguard FTSE 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 FTSE'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
VWO | 0.87 | 0.05 | 0.03 | 0.16 | 0.90 | 2.10 | 4.99 | |||
VB | 0.96 | (0.01) | 0.02 | 0.10 | 1.15 | 2.26 | 5.60 | |||
BND | 0.24 | 0.05 | (0.20) | (6.57) | 0.09 | 0.46 | 1.77 | |||
VSS | 0.78 | (0.03) | (0.03) | 0.07 | 1.00 | 1.65 | 4.79 | |||
VEA | 0.81 | (0.05) | (0.05) | 0.06 | 0.95 | 1.72 | 4.04 |