Vanguard International Correlations
| VYMI Etf | USD 70.12 0.05 0.07% |
The current 90-days correlation between Vanguard International and Vanguard International Dividend is 0.86 (i.e., Very poor diversification). The correlation of Vanguard International 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.
Vanguard International Correlation With Market
Weak diversification
The correlation between Vanguard International High and DJI is 0.34 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vanguard International High and DJI in the same portfolio, assuming nothing else is changed.
Vanguard |
Moving together with Vanguard Etf
| 0.87 | EFV | iShares MSCI EAFE | PairCorr |
| 0.88 | FNDF | Schwab Fundamental | PairCorr |
| 0.9 | IDV | iShares International | PairCorr |
| 0.92 | DFIV | Dimensional International | PairCorr |
| 0.89 | IVLU | iShares Edge MSCI | PairCorr |
| 0.9 | RODM | Hartford Multifactor | PairCorr |
| 0.92 | PXF | Invesco FTSE RAFI | PairCorr |
| 0.84 | HDEF | Xtrackers MSCI EAFE | PairCorr |
| 0.84 | PID | Invesco International | PairCorr |
| 0.7 | MMM | 3M Company Fiscal Year End 28th of January 2025 | PairCorr |
Moving against Vanguard Etf
| 0.48 | MEME | Roundhill Investments | PairCorr |
| 0.44 | MSTY | YieldMax MSTR Option | PairCorr |
| 0.41 | RSPY | Tuttle Capital Management | PairCorr |
| 0.37 | DISO | Tidal Trust II | PairCorr |
| 0.52 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
| 0.5 | BTC | Grayscale Bitcoin Mini | PairCorr |
| 0.35 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.32 | WMT | Walmart Aggressive Push | PairCorr |
Related Correlations Analysis
| 0.9 | -0.48 | 0.67 | 0.88 | VIGI | ||
| 0.9 | -0.37 | 0.82 | 0.89 | VNQI | ||
| -0.48 | -0.37 | -0.12 | -0.11 | VYM | ||
| 0.67 | 0.82 | -0.12 | 0.69 | VWOB | ||
| 0.88 | 0.89 | -0.11 | 0.69 | VSS | ||
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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
| High negative correlations
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Vanguard International Constituents Risk-Adjusted Indicators
There is a big difference between Vanguard Etf performing well and Vanguard International 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 International'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| VIGI | 0.58 | (0.12) | 0.00 | (0.13) | 0.00 | 1.38 | 3.50 | |||
| VNQI | 0.72 | (0.08) | 0.00 | (0.16) | 0.00 | 1.57 | 4.40 | |||
| VYM | 0.53 | 0.01 | (0.01) | 0.13 | 0.35 | 1.11 | 3.69 | |||
| VWOB | 0.27 | (0.02) | (0.36) | (0.01) | 0.32 | 0.49 | 1.83 | |||
| VSS | 0.62 | (0.09) | 0.00 | (0.07) | 0.00 | 1.71 | 4.15 |