Vanguard Total Correlations

VTSAX Fund  USD 145.89  0.75  0.52%   
The current 90-days correlation between Vanguard Total Stock and Vanguard Total International is 0.54 (i.e., Very weak 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

Very poor diversification

The correlation between Vanguard Total Stock and DJI is 0.87 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vanguard Total Stock 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 Stock. 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 nation.

Moving together with Vanguard Mutual Fund

  0.72VMIAX Vanguard Materials IndexPairCorr
  0.75VMNVX Vanguard Global MinimumPairCorr
  0.97NAESX Vanguard Small CapPairCorr
  0.95VSCIX Vanguard Small CapPairCorr
  0.97VSCPX Vanguard Small CapPairCorr
  0.86VASGX Vanguard LifestrategyPairCorr
  0.93VSIAX Vanguard Small CapPairCorr
  0.94VSIIX Vanguard Small CapPairCorr
  0.95VSMAX Vanguard Small CapPairCorr
  0.76VSMGX Vanguard LifestrategyPairCorr
  1.0VSMPX Vanguard Total StockPairCorr
  1.0VSTSX Vanguard Total StockPairCorr
  1.0VTSMX Vanguard Total StockPairCorr
  0.92VVIAX Vanguard Value IndexPairCorr
  0.96VEXPX Vanguard ExplorerPairCorr

Moving against Vanguard Mutual Fund

  0.72VBTLX Vanguard Total BondPairCorr
  0.66VBISX Vanguard Short TermPairCorr
  0.6VSGBX Vanguard Short TermPairCorr
  0.49VMNIX Vanguard Market NeutralPairCorr
  0.49VMNFX Vanguard Market NeutralPairCorr
  0.8VUSTX Vanguard Long TermPairCorr
  0.79VFITX Vanguard Intermediate-terPairCorr
  0.79VFIUX Vanguard Intermediate-terPairCorr
  0.68VEUSX Vanguard European StockPairCorr
  0.65VFISX Vanguard Short TermPairCorr
  0.55VTMGX Vanguard DevelopedPairCorr
  0.55VTMNX Vanguard DevelopedPairCorr
  0.53VDVIX Vanguard DevelopedPairCorr
  0.52VDIPX Vanguard DevelopedPairCorr
  0.43VFSIX Vanguard Short TermPairCorr
  0.37VTRIX Vanguard InternationalPairCorr

Related Correlations Analysis

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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   
VTIVFIAX
VBTLXVTIAX
VGSLXVBTLX
VGSLXVTIAX
VTIVGSLX
VGSLXVFIAX
  
High negative correlations   
VFIAXVBTLX
VTIVBTLX
VTIVTIAX
VFIAXVTIAX

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.