Vanguard Financials Correlations

Mutual Funds . USA . 
Fund . Vanguard Financials Index
VFAIX Fund  USD 63.81  0.68  1.05%   
The current 90-days correlation between Vanguard Financials Index and Vanguard Industrials Index is -0.37 (i.e., Very good diversification). The correlation of Vanguard Financials 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 Financials Correlation With Market

Almost no diversification

The correlation between Vanguard Financials Index and DJI is 0.96 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vanguard Financials Index 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 Financials Index. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Moving together with Vanguard Mutual Fund

  0.98VMIAX Vanguard Materials IndexPairCorr
  0.87VMLUX Vanguard Limited TermPairCorr
  0.86VMLTX Vanguard Limited TermPairCorr
  0.94VMNVX Vanguard Global MinimumPairCorr
  0.98VMMSX Vanguard Emerging MarketsPairCorr
  0.84VMNIX Vanguard Market NeutralPairCorr
  0.84VMNFX Vanguard Market NeutralPairCorr
  0.91VMSIX Vanguard Multi SectorPairCorr
  0.99VMVAX Vanguard Mid CapPairCorr
  0.99VMVIX Vanguard Mid CapPairCorr
  0.94VMVFX Vanguard Global MinimumPairCorr
  0.97VMVLX Vanguard Mega CapPairCorr
  0.61VOHIX Vanguard Ohio LongPairCorr
  0.95VPADX Vanguard Pacific StockPairCorr
  0.95VPACX Vanguard Pacific StockPairCorr
  0.97VPCCX Vanguard PrimecapPairCorr
  0.95VPKIX Vanguard Pacific StockPairCorr
  0.97VPMCX Vanguard PrimecapPairCorr
  0.97VPMAX Vanguard PrimecapPairCorr
  0.99NAESX Vanguard Small CapPairCorr
  0.95VQNPX Vanguard Growth AndPairCorr
  0.89VRTPX Vanguard Reit IiPairCorr
  0.97VADGX Vanguard Advice SelectPairCorr
  0.98VAGVX Vanguard Advice SelectPairCorr
  0.97VAIGX Vanguard Advice SelectPairCorr
  0.99VSCIX Vanguard Small CapPairCorr
  0.97VSCGX Vanguard LifestrategyPairCorr
  0.99VSCPX Vanguard Small CapPairCorr
  0.86VSCSX Vanguard Short TermPairCorr
  0.63VSBIX Vanguard Short TermPairCorr
  0.65VSBSX Vanguard Short TermPairCorr
  0.95VSEMX Vanguard Extended MarketPairCorr
  0.99VSEQX Vanguard Strategic EquityPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Vanguard Mutual Fund performing well and Vanguard Financials Mutual Fund 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 Financials' 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.

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
2025 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY