Vanguard FTSE Correlations

VWO Etf

USD 45.36 0.17 0.38%

The current 90-days correlation between Vanguard FTSE Emerging and Vanguard Real Estate is 0.1 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Vanguard FTSE moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vanguard FTSE Emerging moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Vanguard FTSE Correlation With Market

Modest diversification

The correlation between Vanguard FTSE Emerging and DJI is 0.23 (i.e., Modest 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, which includes a position in Vanguard FTSE Emerging. 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

0.98	IEMG	iShares Core MSCI	Pair Corr
0.94	EMC	Global X Funds	Pair Corr
0.98	EEM	iShares MSCI Emerging	Pair Corr
1.0	SPEM	SPDR Portfolio Emerging	Pair Corr
0.99	FNDE	Schwab Fundamental	Pair Corr
0.99	ESGE	iShares ESG Aware	Pair Corr
0.99	XSOE	WisdomTree Emerging	Pair Corr
0.62	MPAY	Akros Monthly Payout	Pair Corr
0.86	DD	Dupont De Nemours Fiscal Year End 4th of February 2025	Pair Corr
0.69	HD	Home Depot Sell-off Trend	Pair Corr
0.65	IBM	International Business Fiscal Year End 22nd of January 2025	Pair Corr
0.69	GE	GE Aerospace Fiscal Year End 28th of January 2025	Pair Corr

Related Correlations Analysis

	VEA	VNQ	VB	VTI	VGK
VEA		0.3	-0.55	-0.52	0.97	VEA
VNQ	0.3		0.02	0.02	0.27	VNQ
VB	-0.55	0.02		0.97	-0.71	VB
VTI	-0.52	0.02	0.97		-0.67	VTI
VGK	0.97	0.27	-0.71	-0.67		VGK
	VEA	VNQ	VB	VTI	VGK

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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

VGK	+ 0.97	VEA
VTI	+ 0.97	VB
VNQ	+ 0.3	VEA
VGK	+ 0.27	VNQ
VB	+ 0.02	VNQ
VTI	+ 0.02	VNQ

High negative correlations

VGK	- 0.71	VB
VGK	- 0.67	VTI
VB	- 0.55	VEA
VTI	- 0.52	VEA

Vanguard FTSE Constituents Risk-Adjusted Indicators

There is a big difference between Vanguard Etf performing well and Vanguard FTSE 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 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
VEA	0.62	(0.14)	0.00	(0.18)	0.00	0.00	1.08	(1.42)	3.86
VNQ	0.68	0.04	(0.07)	0.39	0.83	(0.68)	1.33	(1.38)	3.58
VB	0.76	0.02	0.05	0.14	0.72	(0.80)	1.68	(1.21)	5.31
VTI	0.56	0.01	(0.01)	0.13	0.65	(0.59)	1.07	(1.27)	4.07
VGK	0.66	(0.18)	0.00	(0.35)	0.00	0.00	0.96	(1.54)	4.17

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