Vanguard Total Correlations

VTPSX Fund

USD 131.62 1.32 1.01%

The current 90-days correlation between Vanguard Total Inter and Angel Oak Financial is -0.06 (i.e., Good diversification). The correlation of Vanguard Total 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 Total Correlation With Market

Average diversification

The correlation between Vanguard Total International and DJI is 0.12 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vanguard Total International 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 Total International. 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 state.

Moving together with Vanguard Mutual Fund

0.87	VMNVX	Vanguard Global Minimum	Pair Corr
0.96	VMMSX	Vanguard Emerging Markets	Pair Corr
0.87	VMVFX	Vanguard Global Minimum	Pair Corr
0.71	VSCGX	Vanguard Lifestrategy	Pair Corr
0.63	VASGX	Vanguard Lifestrategy	Pair Corr
0.78	VASIX	Vanguard Lifestrategy	Pair Corr
0.66	VSMGX	Vanguard Lifestrategy	Pair Corr

Moving against Vanguard Mutual Fund

0.41

VTIBX

Vanguard Total Inter

Pair Corr

Related Correlations Analysis

	XFINX	MSVIX	ICFAX	BTO	FTIXX	FIKBX	MCBXX	RMBLX
XFINX		0.33	0.32	0.42	0.17	0.44	0.11	0.38	XFINX
MSVIX	0.33		0.97	0.98	-0.41	0.97	-0.47	0.97	MSVIX
ICFAX	0.32	0.97		0.95	-0.34	0.98	-0.41	0.96	ICFAX
BTO	0.42	0.98	0.95		-0.33	0.98	-0.39	0.97	BTO
FTIXX	0.17	-0.41	-0.34	-0.33		-0.27	0.9	-0.26	FTIXX
FIKBX	0.44	0.97	0.98	0.98	-0.27		-0.34	0.97	FIKBX
MCBXX	0.11	-0.47	-0.41	-0.39	0.9	-0.34		-0.32	MCBXX
RMBLX	0.38	0.97	0.96	0.97	-0.26	0.97	-0.32		RMBLX
	XFINX	MSVIX	ICFAX	BTO	FTIXX	FIKBX	MCBXX	RMBLX

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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

BTO	+ 0.98	MSVIX
FIKBX	+ 0.98	ICFAX
FIKBX	+ 0.98	BTO
ICFAX	+ 0.97	MSVIX
FIKBX	+ 0.97	MSVIX
RMBLX	+ 0.97	MSVIX

High negative correlations

MCBXX	- 0.47	MSVIX
MCBXX	- 0.41	ICFAX
FTIXX	- 0.41	MSVIX
MCBXX	- 0.39	BTO
MCBXX	- 0.34	FIKBX
FTIXX	- 0.34	ICFAX

Risk-Adjusted Indicators

There is a big difference between Vanguard Mutual Fund performing well and Vanguard Total 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 Total'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
XFINX	0.19	0.02	0.39	0.23	0.23	(0.22)	0.29	(0.43)	1.27
MSVIX	1.24	(0.05)	0.00	(0.17)	0.00	0.00	1.72	(2.68)	13.17
ICFAX	1.19	(0.03)	0.00	(0.15)	0.00	0.00	1.57	(2.44)	13.29
BTO	1.29	(0.06)	0.00	(0.17)	0.00	0.00	2.00	(3.40)	12.33
FTIXX	0.03	0.01	0.00	(4.42)	0.00	0.00	0.00	0.00	1.01
FIKBX	1.22	0.03	0.00	(0.09)	0.00	0.00	2.25	(3.55)	11.84
MCBXX	0.03	0.00	0.00	(1.36)	0.00	0.00	0.00	0.00	1.01
RMBLX	1.28	(0.06)	0.00	(0.19)	0.00	0.00	2.20	(3.27)	11.46

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