Vanguard Emerging Correlations

Mutual Funds . USA . 
Fund . Vanguard Emerging Markets
VEMBX Fund  USD 10.13  0.04  0.39%   
The current 90-days correlation between Vanguard Emerging Markets and Vanguard E Bond is 0.82 (i.e., Very poor diversification). The correlation of Vanguard Emerging 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 Emerging Correlation With Market

Modest diversification

The correlation between Vanguard Emerging Markets and DJI is 0.2 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vanguard Emerging Markets 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 Emerging Markets. 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 bureau of labor statistics.

Moving together with Vanguard Mutual Fund

  0.95VMLUX Vanguard Limited TermPairCorr
  0.95VMLTX Vanguard Limited TermPairCorr
  0.95VMNVX Vanguard Global MinimumPairCorr
  0.85VMMSX Vanguard Emerging MarketsPairCorr
  0.99VMSIX Vanguard Multi SectorPairCorr
  0.95VMVFX Vanguard Global MinimumPairCorr
  0.61VMVLX Vanguard Mega CapPairCorr
  0.68VNJUX Vanguard New JerseyPairCorr
  0.66VNJTX Vanguard New JerseyPairCorr
  0.72VOHIX Vanguard Ohio LongPairCorr
  0.87VPADX Vanguard Pacific StockPairCorr
  0.87VPACX Vanguard Pacific StockPairCorr
  0.74VPALX Vanguard PennsylvaniaPairCorr
  0.73VPAIX Vanguard PennsylvaniaPairCorr
  0.87VPKIX Vanguard Pacific StockPairCorr
  0.79VRTPX Vanguard Reit IiPairCorr
  0.63VAGVX Vanguard Advice SelectPairCorr
  0.72VAIGX Vanguard Advice SelectPairCorr
  0.97VAIPX Vanguard Inflation-protecPairCorr
  0.97VSCSX Vanguard Short TermPairCorr
  0.93VSBIX Vanguard Short TermPairCorr
  0.93VSBSX Vanguard Short TermPairCorr

Moving against Vanguard Mutual Fund

  0.37VMNFX Vanguard Market NeutralPairCorr
  0.36VMNIX Vanguard Market NeutralPairCorr
  0.54NAESX Vanguard Small CapPairCorr
  0.54VSCIX Vanguard Small CapPairCorr
  0.4VQNPX Vanguard Growth AndPairCorr
  0.59VSGIX Vanguard Small CapPairCorr
  0.57VSGAX Vanguard Small CapPairCorr
  0.54VSCPX Vanguard Small CapPairCorr
  0.52VSEMX Vanguard Extended MarketPairCorr
  0.51VSMAX Vanguard Small CapPairCorr
  0.49VSEQX 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 Emerging 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 Emerging'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
2024 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY