Vanguard Russell Correlations

VTWO Etf

USD 97.50 0.15 0.15%

The current 90-days correlation between Vanguard Russell 2000 and Vanguard Russell 2000 is 0.16 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Vanguard Russell moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vanguard Russell 2000 moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Vanguard Russell Correlation With Market

Average diversification

The correlation between Vanguard Russell 2000 and DJI is 0.1 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vanguard Russell 2000 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 Russell 2000. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in housing.

Moving together with Vanguard Etf

0.81	VB	Vanguard Small Cap	Pair Corr
0.81	IJR	iShares Core SP	Pair Corr
0.81	IWM	iShares Russell 2000 Aggressive Push	Pair Corr
1.0	VRTIX	Vanguard Russell 2000	Pair Corr
0.82	FNDA	Schwab Fundamental Small	Pair Corr
0.99	SPSM	SPDR Portfolio SP	Pair Corr
0.83	DFAS	Dimensional Small Cap	Pair Corr
0.81	VIOO	Vanguard SP Small	Pair Corr
0.82	PRFZ	Invesco FTSE RAFI	Pair Corr
0.81	UPRO	ProShares UltraPro SP500	Pair Corr
0.76	QTJA	Innovator ETFs Trust	Pair Corr
0.79	QTOC	Innovator ETFs Trust	Pair Corr
0.78	XTOC	Innovator ETFs Trust	Pair Corr
0.79	QTAP	Innovator Growth 100	Pair Corr
0.77	XTJA	Innovator ETFs Trust	Pair Corr
0.78	XDJA	Innovator ETFs Trust	Pair Corr
0.81	XTAP	Innovator Equity Acc	Pair Corr
0.89	BAC	Bank of America Aggressive Push	Pair Corr
0.66	CAT	Caterpillar Fiscal Year End 3rd of February 2025	Pair Corr
0.86	CVX	Chevron Corp Sell-off Trend	Pair Corr
0.89	AXP	American Express Fiscal Year End 24th of January 2025	Pair Corr
0.63	T	ATT Inc Aggressive Push	Pair Corr
0.65	HD	Home Depot Sell-off Trend	Pair Corr
0.81	DIS	Walt Disney Aggressive Push	Pair Corr
0.84	JPM	JPMorgan Chase Sell-off Trend	Pair Corr

Moving against Vanguard Etf

0.78	JNJ	Johnson Johnson Fiscal Year End 28th of January 2025	Pair Corr
0.74	KO	Coca Cola Sell-off Trend	Pair Corr
0.74	PFE	Pfizer Inc Aggressive Push	Pair Corr
0.72	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.58	BA	Boeing Fiscal Year End 29th of January 2025	Pair Corr

Related Correlations Analysis

	VTWG	VTWV	VONG	VONV	VONE
VTWG		0.98	0.87	0.72	0.76	VTWG
VTWV	0.98		0.83	0.68	0.71	VTWV
VONG	0.87	0.83		0.77	0.83	VONG
VONV	0.72	0.68	0.77		0.97	VONV
VONE	0.76	0.71	0.83	0.97		VONE
	VTWG	VTWV	VONG	VONV	VONE

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Vanguard Russell Constituents Risk-Adjusted Indicators

There is a big difference between Vanguard Etf performing well and Vanguard Russell 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 Russell'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
VTWG	0.98	0.16	0.04	3.41	0.98	(1.08)	2.24	(1.70)	7.36
VTWV	0.92	0.11	0.00	3.65	0.87	(1.06)	1.93	(1.72)	8.11
VONG	0.71	0.02	0.01	0.14	0.96	(0.65)	1.72	(2.10)	5.38
VONV	0.52	0.10	(0.02)	3.10	0.31	(0.62)	1.09	(0.83)	3.52
VONE	0.54	0.11	0.00	(31.72)	0.66	(0.58)	1.05	(1.20)	3.83

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