Vanguard Consumer Correlations

VCR Etf

USD 372.51 1.84 0.49%

The current 90-days correlation between Vanguard Consumer and Vanguard Consumer Staples is 0.26 (i.e., Modest diversification). The correlation of Vanguard Consumer 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 Consumer Correlation With Market

Poor diversification

The correlation between Vanguard Consumer Discretionar and DJI is 0.73 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vanguard Consumer Discretionar 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 Consumer Discretionary. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Moving together with Vanguard Etf

1.0	XLY	Consumer Discretionary	Pair Corr
1.0	FDIS	Fidelity MSCI Consumer	Pair Corr
0.99	IYC	iShares Consumer Dis	Pair Corr
0.96	PEJ	Invesco Dynamic Leisure	Pair Corr
0.93	FXD	First Trust Consumer	Pair Corr
0.87	RCD	Invesco SP 500	Pair Corr
0.84	XRT	SPDR SP Retail	Pair Corr
0.83	VR	VR	Pair Corr
0.89	JPST	JPMorgan Ultra Short	Pair Corr
0.96	SPBC	Simplify Equity PLUS	Pair Corr
0.85	AA	Alcoa Corp Fiscal Year End 15th of January 2025	Pair Corr
0.89	INTC	Intel Fiscal Year End 23rd of January 2025	Pair Corr
0.76	HPQ	HP Inc	Pair Corr
0.88	DIS	Walt Disney Aggressive Push	Pair Corr
0.91	WMT	Walmart Aggressive Push	Pair Corr
0.93	AXP	American Express Fiscal Year End 24th of January 2025	Pair Corr
0.78	JPM	JPMorgan Chase Sell-off Trend	Pair Corr
0.87	BAC	Bank of America Aggressive Push	Pair Corr
0.88	CSCO	Cisco Systems Aggressive Push	Pair Corr

Moving against Vanguard Etf

0.91	FNGD	MicroSectors FANG Index	Pair Corr
0.56	WTRE	WisdomTree New Economy	Pair Corr
0.51	BBBI	BondBloxx ETF Trust	Pair Corr
0.42	HUM	Humana Inc Fiscal Year End 23rd of January 2025	Pair Corr
0.82	KO	Coca Cola Sell-off Trend	Pair Corr
0.81	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.77	PFE	Pfizer Inc Aggressive Push	Pair Corr

Related Correlations Analysis

	VDC	VIS	VOX	VAW	VFH
VDC		-0.09	-0.26	-0.03	-0.07	VDC
VIS	-0.09		0.96	0.76	0.87	VIS
VOX	-0.26	0.96		0.68	0.87	VOX
VAW	-0.03	0.76	0.68		0.43	VAW
VFH	-0.07	0.87	0.87	0.43		VFH
	VDC	VIS	VOX	VAW	VFH

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Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

VOX	+ 0.96	VIS
VFH	+ 0.87	VIS
VFH	+ 0.87	VOX
VAW	+ 0.76	VIS
VAW	+ 0.68	VOX
VFH	+ 0.43	VAW

High negative correlations

VOX	- 0.26	VDC
VIS	- 0.09	VDC
VFH	- 0.07	VDC
VAW	- 0.03	VDC

Vanguard Consumer Constituents Risk-Adjusted Indicators

There is a big difference between Vanguard Etf performing well and Vanguard Consumer 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 Consumer'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
VDC	0.47	0.01	(0.16)	0.21	0.50	(0.50)	0.83	(0.91)	2.09
VIS	0.70	0.03	0.06	0.15	0.61	(0.83)	1.76	(1.14)	5.86
VOX	0.63	0.07	0.03	0.21	0.73	(0.67)	1.38	(1.53)	4.52
VAW	0.71	(0.05)	(0.08)	0.06	0.78	(0.77)	1.37	(1.18)	3.75
VFH	0.78	0.25	0.14	(2.21)	0.54	(0.92)	1.72	(1.18)	8.49

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