Vanguard FTSE Correlations

Etfs . USA . 
Etf . Vanguard FTSE All World
VEU Etf  USD 59.22  1.02  1.69%   
The current 90-days correlation between Vanguard FTSE All and Vanguard FTSE Emerging is 0.88 (i.e., Very poor diversification). The correlation of Vanguard FTSE 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 FTSE Correlation With Market

Very weak diversification

The correlation between Vanguard FTSE All World and DJI is 0.47 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vanguard FTSE All World 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 All World. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income.

Moving together with Vanguard Etf

  0.88VEA Vanguard FTSE DevelopedPairCorr
  0.85IEFA iShares Core MSCIPairCorr
  0.83EFA iShares MSCI EAFEPairCorr
  1.0IXUS iShares Core MSCIPairCorr
  0.9SPDW SPDR SP WorldPairCorr
  0.9IDEV iShares Core MSCIPairCorr
  0.83ESGD iShares ESG AwarePairCorr
  0.74JIRE JP Morgan ExchangePairCorr
  1.0DFAX Dimensional WorldPairCorr
  0.73GMET VanEck Vectors ETFPairCorr
  0.72GE GE Aerospace Fiscal Year End 28th of January 2025 PairCorr
  0.68HD Home DepotPairCorr
  0.79MMM 3M Company Fiscal Year End 28th of January 2025 PairCorr
  0.87DD Dupont De Nemours Fiscal Year End 4th of February 2025 PairCorr
  0.69MCD McDonalds Fiscal Year End 3rd of February 2025 PairCorr
  0.69VZ Verizon Communications Sell-off TrendPairCorr

Moving against Vanguard Etf

  0.32BA Boeing Fiscal Year End 29th of January 2025 PairCorr

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   
VEA
+ 0.91
VSS
VSS
+ 0.69
VWO
VB
+ 0.66
VWO
VEA
+ 0.59
BND
VSS
+ 0.36
BND
VEA
+ 0.35
VWO
  
High negative correlations   
BND
- 0.47
VB
BND
- 0.28
VWO

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.

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