Vanguard FTSE Correlations

Summary

VNGUFDelisted Etf

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The current 90-days correlation between Vanguard FTSE Emerging and Vanguard FTSE Canadian is -0.22 (i.e., Very good 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.

Vanguard FTSE Correlation With Market

Good diversification

The correlation between Vanguard FTSE Emerging and DJI is -0.11 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vanguard FTSE Emerging and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

Moving together with Vanguard Pink Sheet

0.72	DIS	Walt Disney	Pair Corr
0.77	PG	Procter Gamble	Pair Corr
0.7	WMT	Walmart	Pair Corr
0.63	AXP	American Express Fiscal Year End 24th of January 2025	Pair Corr
0.63	HD	Home Depot	Pair Corr

Moving against Vanguard Pink Sheet

0.35

VWO

Vanguard FTSE Emerging

Pair Corr

Related Correlations Analysis

	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM
META		0.65	-0.5	-0.31	0.54	0.25	0.61	0.33	-0.28	-0.41	META
MSFT	0.65		-0.6	-0.14	0.49	0.1	0.46	0.26	-0.05	-0.77	MSFT
UBER	-0.5	-0.6		0.27	-0.75	0.15	-0.73	-0.51	0.52	0.64	UBER
F	-0.31	-0.14	0.27		0.08	-0.4	0.09	0.36	-0.17	0.44	F
T	0.54	0.49	-0.75	0.08		-0.28	0.9	0.82	-0.72	-0.38	T
A	0.25	0.1	0.15	-0.4	-0.28		-0.31	-0.5	0.65	0.01	A
CRM	0.61	0.46	-0.73	0.09	0.9	-0.31		0.89	-0.81	-0.32	CRM
JPM	0.33	0.26	-0.51	0.36	0.82	-0.5	0.89		-0.85	-0.12	JPM
MRK	-0.28	-0.05	0.52	-0.17	-0.72	0.65	-0.81	-0.85		0.07	MRK
XOM	-0.41	-0.77	0.64	0.44	-0.38	0.01	-0.32	-0.12	0.07		XOM
	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM

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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

CRM	+ 0.9	T
JPM	+ 0.89	CRM
JPM	+ 0.82	T
MSFT	+ 0.65	META
MRK	+ 0.65	A
XOM	+ 0.64	UBER

High negative correlations

MRK	- 0.85	JPM
MRK	- 0.81	CRM
XOM	- 0.77	MSFT
T	- 0.75	UBER
CRM	- 0.73	UBER
MRK	- 0.72	T

Vanguard FTSE Competition Risk-Adjusted Indicators

There is a big difference between Vanguard Pink Sheet performing well and Vanguard FTSE Company 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
META	1.20	0.14	0.09	0.25	1.39	(1.35)	3.22	(3.15)	8.02
MSFT	0.89	0.01	0.00	0.03	1.62	(0.80)	1.83	(2.23)	8.14
UBER	1.73	(0.30)	0.00	(0.30)	0.00	0.00	2.67	(5.35)	20.41
F	1.43	(0.15)	0.00	(0.82)	0.00	0.00	2.53	(2.90)	11.21
T	0.97	0.06	0.04	0.29	1.16	(1.05)	1.93	(1.99)	7.95
A	1.25	(0.07)	0.00	(0.12)	0.00	0.00	2.71	(2.42)	9.02
CRM	1.54	0.42	0.25	0.31	1.29	(1.75)	3.59	(2.88)	14.80
JPM	1.03	0.15	0.13	0.11	1.09	(1.19)	1.65	(1.44)	15.87
MRK	0.95	(0.26)	0.00	(1.06)	0.00	0.00	1.72	(2.17)	5.17
XOM	0.91	(0.12)	0.00	(0.35)	0.00	0.00	1.83	(2.14)	6.06

Vanguard FTSE Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Vanguard FTSE pink sheet to make a market-neutral strategy. Peer analysis of Vanguard FTSE could also be used in its relative valuation, which is a method of valuing Vanguard FTSE by comparing valuation metrics with similar companies.

Vanguard FTSE Canadian Vanguard Vanguard Funds Public Vanguard Funds Public Vanguard Funds Public Vanguard Funds Public Vanguard Funds Public Vanguard Funds Public Vanguard FTSE Emerging American Airlines Group Alcoa Corp Apple Inc Best Buy Co Citigroup SentinelOne

Risk & Return

Correlation

Still Interested in Vanguard FTSE Emerging?

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