Vanguard Small Correlations

VBK Etf

USD 246.94 0.47 0.19%

The current 90-days correlation between Vanguard Small Cap and Vanguard Small Cap Value is 0.96 (i.e., Almost no diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Vanguard Small moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vanguard Small Cap Growth moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Vanguard Small Correlation With Market

Almost no diversification

The correlation between Vanguard Small Cap Growth and DJI is 0.91 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vanguard Small Cap Growth and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Vanguard Etf

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vanguard Small Cap Growth. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Moving together with Vanguard Etf

1.0	IWO	iShares Russell 2000	Pair Corr
1.0	IJT	iShares SP Small	Pair Corr
1.0	SLYG	SPDR SP 600	Pair Corr
0.98	PBW	Invesco WilderHill Clean	Pair Corr
1.0	JKK	iShares Morningstar	Pair Corr
1.0	VTWG	Vanguard Russell 2000	Pair Corr
1.0	VRTGX	Vanguard Russell 2000	Pair Corr
1.0	VIOG	Vanguard SP Small	Pair Corr
1.0	ISCG	iShares Morningstar	Pair Corr
0.95	SIXD	AIM ETF Products	Pair Corr
0.86	PFFL	ETRACS 2xMonthly Pay	Pair Corr
0.92	CEFD	ETRACS Monthly Pay	Pair Corr
0.73	CSCO	Cisco Systems	Pair Corr
0.91	CAT	Caterpillar Earnings Call This Week	Pair Corr
0.75	MMM	3M Company	Pair Corr
0.79	BA	Boeing	Pair Corr
0.98	AXP	American Express	Pair Corr
0.94	HPQ	HP Inc Sell-off Trend	Pair Corr
0.76	PFE	Pfizer Inc Earnings Call This Week	Pair Corr
0.9	MSFT	Microsoft Earnings Call This Week	Pair Corr
0.71	GE	GE Aerospace	Pair Corr

Moving against Vanguard Etf

0.87	ULE	ProShares Ultra Euro	Pair Corr
0.86	FXY	Invesco CurrencyShares	Pair Corr
0.85	YCL	ProShares Ultra Yen	Pair Corr
0.61	PMBS	PIMCO Mortgage Backed	Pair Corr
0.75	VZ	Verizon Communications	Pair Corr
0.74	KO	Coca Cola Earnings Call This Week	Pair Corr
0.71	T	ATT Inc Earnings Call This Week	Pair Corr
0.62	MCD	McDonalds Earnings Call This Week	Pair Corr
0.4	TRV	The Travelers Companies	Pair Corr

Related Correlations Analysis

	VOT	VBR	VOE	VUG	VB
VOT		0.97	0.91	0.99	0.98	VOT
VBR	0.97		0.96	0.97	1.0	VBR
VOE	0.91	0.96		0.91	0.94	VOE
VUG	0.99	0.97	0.91		0.98	VUG
VB	0.98	1.0	0.94	0.98		VB
	VOT	VBR	VOE	VUG	VB

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Vanguard Small Constituents Risk-Adjusted Indicators

There is a big difference between Vanguard Etf performing well and Vanguard Small 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 Small'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	Treynor Ratio	Potential Upside	Value @Risk	Maximum Drawdown
VOT	1.42	0.04	(0.11)	2.57	(3.16)	13.19
VBR	1.21	(0.04)	(0.18)	2.24	(2.49)	12.78
VOE	1.01	0.03	(0.11)	1.63	(1.90)	9.84
VUG	1.57	0.03	(0.12)	2.51	(3.95)	15.57
VB	1.33	(0.05)	(0.19)	2.51	(2.64)	13.70

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