Vanguard FTSE Correlations

VEU Etf

USD 62.43 0.70 1.11%

The current 90-days correlation between Vanguard FTSE All and Vanguard FTSE Emerging is 0.9 (i.e., Almost no 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

Poor diversification

The correlation between Vanguard FTSE All World and DJI is 0.77 (i.e., Poor 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

0.98	VEA	Vanguard FTSE Developed	Pair Corr
0.97	IEFA	iShares Core MSCI	Pair Corr
0.97	EFA	iShares MSCI EAFE	Pair Corr
1.0	IXUS	iShares Core MSCI	Pair Corr
0.98	SPDW	SPDR SP World	Pair Corr
0.98	IDEV	iShares Core MSCI	Pair Corr
0.97	ESGD	iShares ESG Aware	Pair Corr
0.99	DFAX	Dimensional World	Pair Corr
0.97	IQLT	iShares MSCI Intl	Pair Corr
0.63	GREI	Goldman Sachs Future	Pair Corr
0.7	DHF	BNY Mellon High	Pair Corr
0.66	FNTC	Direxion	Pair Corr
0.95	ARP	Advisors Inner Circle	Pair Corr
0.64	IGA	Voya Global Advantage	Pair Corr
0.62	T	ATT Inc Aggressive Push	Pair Corr
0.87	AXP	American Express Fiscal Year End 24th of January 2025	Pair Corr
0.89	CSCO	Cisco Systems	Pair Corr
0.81	HD	Home Depot	Pair Corr
0.79	WMT	Walmart	Pair Corr
0.73	GE	GE Aerospace Fiscal Year End 28th of January 2025	Pair Corr
0.82	CAT	Caterpillar Fiscal Year End 3rd of February 2025	Pair Corr
0.86	DD	Dupont De Nemours Fiscal Year End 4th of February 2025	Pair Corr

Moving against Vanguard Etf

0.42

Boeing Fiscal Year End 29th of January 2025

Pair Corr

Related Correlations Analysis

	VWO	VB	BND	VSS	VEA
VWO		0.63	0.35	0.87	0.78	VWO
VB	0.63		0.47	0.85	0.81	VB
BND	0.35	0.47		0.45	0.51	BND
VSS	0.87	0.85	0.45		0.97	VSS
VEA	0.78	0.81	0.51	0.97		VEA
	VWO	VB	BND	VSS	VEA

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

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
VWO	0.87	0.06	0.05	0.17	0.90	(0.95)	2.10	(1.50)	4.69
VB	0.95	(0.01)	0.02	0.09	1.15	(0.94)	2.26	(2.42)	5.60
BND	0.24	0.07	(0.10)	24.37	0.00	(0.30)	0.50	(0.39)	1.77
VSS	0.79	(0.01)	(0.01)	0.08	1.00	(0.81)	1.65	(1.78)	4.79
VEA	0.82	(0.03)	(0.02)	0.07	0.95	(0.84)	1.72	(1.74)	4.04

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