Vanguard Minimum Correlations

VFMV Etf

USD 125.91 0.39 0.31%

The current 90-days correlation between Vanguard Minimum Vol and Vanguard Quality Factor is -0.04 (i.e., Good diversification). The correlation of Vanguard Minimum 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 Minimum Correlation With Market

Poor diversification

The correlation between Vanguard Minimum Volatility and DJI is 0.74 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vanguard Minimum Volatility 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 Minimum Volatility. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population.

Moving together with Vanguard Etf

0.79	FXY	Invesco CurrencyShares	Pair Corr
0.74	PMBS	PIMCO Mortgage Backed	Pair Corr
0.74	GDXU	MicroSectors Gold Miners	Pair Corr
0.88	IBM	International Business	Pair Corr
0.73	DD	Dupont De Nemours	Pair Corr
0.8	JNJ	Johnson Johnson	Pair Corr
0.74	MCD	McDonalds	Pair Corr
0.76	KO	Coca Cola Aggressive Push	Pair Corr
0.85	T	ATT Inc Aggressive Push	Pair Corr
0.89	GE	GE Aerospace	Pair Corr

Moving against Vanguard Etf

0.57	MSFT	Microsoft	Pair Corr
0.52	WGMI	Valkyrie Bitcoin Miners	Pair Corr
0.54	AA	Alcoa Corp	Pair Corr
0.43	CAT	Caterpillar	Pair Corr

Related Correlations Analysis

	VFQY	VFMO	VFMF	VFVA	VTHR
VFQY		0.89	0.98	0.86	0.92	VFQY
VFMO	0.89		0.9	0.92	0.98	VFMO
VFMF	0.98	0.9		0.88	0.91	VFMF
VFVA	0.86	0.92	0.88		0.92	VFVA
VTHR	0.92	0.98	0.91	0.92		VTHR
	VFQY	VFMO	VFMF	VFVA	VTHR

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Vanguard Minimum Constituents Risk-Adjusted Indicators

There is a big difference between Vanguard Etf performing well and Vanguard Minimum 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 Minimum'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
VFQY	0.74	(0.10)	0.00	0.60	0.00	0.00	1.31	(1.69)	3.66
VFMO	1.21	(0.06)	0.00	(0.04)	0.00	0.00	2.25	(2.90)	6.55
VFMF	0.77	(0.06)	0.00	0.40	0.00	0.00	1.55	(2.06)	4.12
VFVA	0.76	(0.01)	(0.01)	(0.01)	0.96	(0.76)	1.27	(1.83)	3.62
VTHR	0.80	(0.04)	0.00	(0.05)	0.00	0.00	1.65	(1.76)	4.48

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