Vanguard Total Correlations

VTABX Fund

USD 20.16 0.06 0.30%

The current 90-days correlation between Vanguard Total Inter and Vanguard Total Bond is 0.73 (i.e., Poor diversification). The correlation of Vanguard Total 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 Total Correlation With Market

Significant diversification

The correlation between Vanguard Total International and DJI is 0.05 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vanguard Total International 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 Total International. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Moving together with Vanguard Mutual Fund

0.67	VMLUX	Vanguard Limited Term	Pair Corr
0.67	VMLTX	Vanguard Limited Term	Pair Corr
0.76	VMSIX	Vanguard Multi Sector	Pair Corr
0.7	VNJUX	Vanguard New Jersey	Pair Corr
0.7	VNJTX	Vanguard New Jersey	Pair Corr
0.68	VNYTX	Vanguard New York	Pair Corr
0.68	VNYUX	Vanguard New York	Pair Corr
0.71	VOHIX	Vanguard Ohio Long	Pair Corr
0.71	VPALX	Vanguard Pennsylvania	Pair Corr
0.7	VPAIX	Vanguard Pennsylvania	Pair Corr
0.8	VRTPX	Vanguard Reit Ii	Pair Corr
0.66	VSCGX	Vanguard Lifestrategy	Pair Corr
0.64	VSCSX	Vanguard Short Term	Pair Corr

Moving against Vanguard Mutual Fund

0.37	VMNFX	Vanguard Market Neutral	Pair Corr
0.36	VMNIX	Vanguard Market Neutral	Pair Corr

Related Correlations Analysis

	VBTLX	VTIAX	VFIDX	VFSUX	VBIRX
VBTLX		0.47	0.99	0.77	0.92	VBTLX
VTIAX	0.47		0.55	0.69	0.64	VTIAX
VFIDX	0.99	0.55		0.85	0.96	VFIDX
VFSUX	0.77	0.69	0.85		0.93	VFSUX
VBIRX	0.92	0.64	0.96	0.93		VBIRX
	VBTLX	VTIAX	VFIDX	VFSUX	VBIRX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Vanguard Mutual Fund performing well and Vanguard Total Mutual Fund 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 Total'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
VBTLX	0.22	(0.01)	0.00	0.26	0.00	0.00	0.51	(0.62)	1.36
VTIAX	0.62	(0.09)	0.00	(0.08)	0.00	0.00	1.15	(1.59)	4.11
VFIDX	0.23	0.00	(0.42)	0.22	0.27	(0.27)	0.46	(0.56)	1.39
VFSUX	0.11	0.00	(0.71)	(0.01)	0.09	(0.14)	0.19	(0.19)	0.77
VBIRX	0.11	0.00	(0.91)	0.21	0.12	(0.15)	0.20	(0.20)	0.78

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC