Vanguard Dividend Correlations

VIG Etf  USD 185.11  0.42  0.23%   
The current 90-days correlation between Vanguard Dividend and Vanguard Total International is 0.7 (i.e., Poor diversification). The correlation of Vanguard Dividend 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.

Vanguard Dividend Correlation With Market

Almost no diversification

The correlation between Vanguard Dividend Appreciation and DJI is 0.91 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vanguard Dividend Appreciation 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 Dividend Appreciation. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Moving together with Vanguard Etf

  0.92VTI Vanguard Total StockPairCorr
  0.89SPY SPDR SP 500 Aggressive PushPairCorr
  0.89IVV iShares Core SPPairCorr
  0.9VV Vanguard Large CapPairCorr
  0.84RSP Invesco SP 500PairCorr
  0.91IWB iShares Russell 1000PairCorr
  0.91ESGU iShares ESG AwarePairCorr
  0.95DFAC Dimensional Core EquityPairCorr
  0.89SPLG SPDR Portfolio SPPairCorr
  0.88GREI Goldman Sachs FuturePairCorr
  0.87MPAY Akros Monthly PayoutPairCorr
  0.78BUFF Innovator LadderedPairCorr
  0.62DD Dupont De Nemours Financial Report 7th of August 2024 PairCorr
  0.65HPQ HP Inc Fiscal Year End 19th of November 2024 PairCorr
  0.75JPM JPMorgan Chase Financial Report 12th of July 2024 PairCorr
  0.69BAC Bank of America Aggressive PushPairCorr
  0.66BA Boeing Financial Report 24th of July 2024 PairCorr
  0.62WMT Walmart Aggressive PushPairCorr
  0.73PFE Pfizer Inc Financial Report 6th of August 2024 PairCorr

Moving against Vanguard Etf

  0.5BITI ProShares TrustPairCorr
  0.33DWIN DWINPairCorr
  0.46XOM Exxon Mobil Corp Financial Report 26th of July 2024 PairCorr
  0.41DIS Walt Disney Aggressive PushPairCorr

Related Correlations Analysis

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Vanguard Dividend Constituents Risk-Adjusted Indicators

There is a big difference between Vanguard Etf performing well and Vanguard Dividend 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 Dividend'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.