Vanguard FTSE Correlations

Etfs . USA . 
Etf . Vanguard FTSE Europe
VGK Etf  USD 76.76  0.06  0.08%   
The current 90-days correlation between Vanguard FTSE Europe and Vanguard FTSE All World is 0.98 (i.e., Almost no 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 Europe moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Vanguard FTSE Correlation With Market

Poor diversification

The correlation between Vanguard FTSE Europe and DJI is 0.79 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vanguard FTSE Europe 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 FTSE Europe. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price.

Moving together with Vanguard Etf

  0.99EZU iShares MSCI Eurozone Sell-off TrendPairCorr
  1.0BBEU JPMorgan BetaBuildersPairCorr
  1.0IEUR iShares Core MSCIPairCorr
  0.99FEZ SPDR EURO STOXXPairCorr
  1.0IEV iShares Europe ETFPairCorr
  0.81HEDJ WisdomTree Europe HedgedPairCorr
  0.78DBEU Xtrackers MSCI EuropePairCorr
  0.87HEZU iShares Currency HedgedPairCorr
  0.97FEP First Trust EuropePairCorr
  0.75WGMI Valkyrie Bitcoin MinersPairCorr
  0.88IQM Franklin Templeton ETFPairCorr
  0.99YSEP First Trust ExchangePairCorr
  0.9IDX VanEck Indonesia IndexPairCorr
  0.9FRNW Fidelity Covington Trust Low VolatilityPairCorr
  0.96DEXC Dimensional ETF TrustPairCorr
  0.97EEMS iShares MSCI EmergingPairCorr
  0.95GSJY Goldman Sachs ActiveBetaPairCorr
  0.91SCHY Schwab InternationalPairCorr
  0.95GEM Goldman Sachs ActiveBetaPairCorr
  0.89MISL First Trust IndxxPairCorr
  0.93GLOF iShares MSCI GlobalPairCorr
  0.81NFLX NetflixPairCorr
  0.96PPEM PortfolioPlus EmergingPairCorr
  0.88ARKQ ARK Autonomous Technology Low VolatilityPairCorr
  0.82EPOL iShares MSCI PolandPairCorr
  0.97EUDV ProShares MSCI EuropePairCorr
  0.64FLIN Franklin FTSE IndiaPairCorr
  1.0VEA Vanguard FTSE Developed Aggressive PushPairCorr
  0.85FXU First Trust UtilitiesPairCorr
  0.87TSMY Tidal Trust IIPairCorr
  0.66EPI WisdomTree India EarningsPairCorr

Moving against Vanguard Etf

  0.39AAPD Direxion Shares ETFPairCorr

Related Correlations Analysis

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.

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