Vanguard Value Correlations

Etfs . USA . 
Etf . Vanguard Value Index
VTV Etf  USD 174.48  0.54  0.31%   
The current 90-days correlation between Vanguard Value Index and iShares Russell 1000 is 0.99 (i.e., No risk reduction). The correlation of Vanguard Value 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 Value Correlation With Market

Almost no diversification

The correlation between Vanguard Value Index and DJI is 0.96 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vanguard Value Index 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 Value Index. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Moving together with Vanguard Etf

  0.99VYM Vanguard High DividendPairCorr
  1.0IWD iShares Russell 1000PairCorr
  1.0DGRO iShares Core DividendPairCorr
  0.99IVE iShares SP 500PairCorr
  0.97DVY iShares Select DividendPairCorr
  0.99SPYV SPDR Portfolio SPPairCorr
  0.94FVD First Trust ValuePairCorr
  0.99IUSV iShares Core SPPairCorr
  0.95NOBL ProShares SP 500PairCorr
  0.88SHLD Global X FundsPairCorr
  0.88DUKH Ocean Park HighPairCorr
  0.61WINN Harbor Long TermPairCorr
  0.65SMI VanEck Vectors ETFPairCorr
  0.82VZ Verizon Communications Fiscal Year End 28th of January 2025 PairCorr
  0.86GE GE Aerospace Fiscal Year End 28th of January 2025 PairCorr
  0.91IBM International Business Fiscal Year End 22nd of January 2025 PairCorr
  0.71MMM 3M Company Fiscal Year End 28th of January 2025 PairCorr
  0.83CAT Caterpillar Fiscal Year End 3rd of February 2025 PairCorr
  0.92HD Home DepotPairCorr
  0.97AXP American Express Earnings Call This WeekPairCorr
  0.93WMT WalmartPairCorr
  0.97CSCO Cisco Systems Sell-off TrendPairCorr
  0.86MCD McDonalds Fiscal Year End 3rd of February 2025 PairCorr
  0.83T ATT Inc Fiscal Year End 22nd of January 2025 PairCorr

Moving against Vanguard Etf

  0.73HUM Humana Inc Fiscal Year End 23rd of January 2025 PairCorr
  0.63FNGD MicroSectors FANG IndexPairCorr

Related Correlations Analysis

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