Vanguard Reit Correlations
VGSIX Fund | USD 30.00 0.32 1.06% |
The current 90-days correlation between Vanguard Reit Index and Goldman Sachs Short is 0.34 (i.e., Weak diversification). The correlation of Vanguard Reit 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 Reit Correlation With Market
Very weak diversification
The correlation between Vanguard Reit Index and DJI is 0.52 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vanguard Reit Index and DJI in the same portfolio, assuming nothing else is changed.
Vanguard |
Moving together with Vanguard Mutual Fund
0.76 | O | Realty Income | PairCorr |
0.66 | DX | Dynex Capital | PairCorr |
0.85 | FR | First Industrial Realty | PairCorr |
0.76 | WY | Weyerhaeuser | PairCorr |
0.69 | AHT-PH | Ashford Hospitality Trust | PairCorr |
0.64 | AHT-PI | Ashford Hospitality Trust | PairCorr |
0.69 | AHT-PF | Ashford Hospitality Trust | PairCorr |
0.67 | AHT-PG | Ashford Hospitality Trust | PairCorr |
0.61 | DOUG | Douglas Elliman | PairCorr |
0.66 | VNO-PL | Vornado Realty Trust | PairCorr |
0.63 | VNO-PM | Vornado Realty Trust | PairCorr |
0.72 | VICI | VICI Properties | PairCorr |
0.68 | MITT-PA | AG Mortgage Investment | PairCorr |
0.75 | MITT-PB | AG Mortgage Investment | PairCorr |
0.68 | MITT-PC | AG Mortgage Investment | PairCorr |
0.69 | ELME | Elme Communities | PairCorr |
0.76 | EPRT | Essential Properties | PairCorr |
0.77 | WELL | Welltower | PairCorr |
0.66 | CDR-PB | Cedar Realty Trust | PairCorr |
Moving against Vanguard Mutual Fund
0.48 | PW | Power REIT Earnings Call This Week | PairCorr |
0.4 | PK | Park Hotels Resorts | PairCorr |
0.51 | WHLR | Wheeler Real Estate | PairCorr |
0.48 | WETH | Wetouch Technology Common | PairCorr |
0.46 | ESBA | Empire State Realty | PairCorr |
0.39 | AAT | American Assets Trust | PairCorr |
0.33 | ABR | Arbor Realty Trust | PairCorr |
0.32 | FISK | Empire State Realty | PairCorr |
Related Correlations Analysis
0.91 | 0.92 | 0.94 | 0.94 | GANPX | ||
0.91 | 0.76 | 0.85 | 0.86 | ARTFX | ||
0.92 | 0.76 | 0.97 | 0.87 | CBOEX | ||
0.94 | 0.85 | 0.97 | 0.87 | PRVBX | ||
0.94 | 0.86 | 0.87 | 0.87 | BBINX | ||
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Risk-Adjusted Indicators
There is a big difference between Vanguard Mutual Fund performing well and Vanguard Reit 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 Reit'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
GANPX | 0.06 | 0.00 | 0.42 | 0.03 | 0.00 | 0.10 | 0.48 | |||
ARTFX | 0.13 | 0.01 | 0.34 | 0.02 | 0.09 | 0.44 | 0.89 | |||
CBOEX | 0.17 | 0.02 | 0.39 | 0.64 | 0.07 | 0.33 | 0.98 | |||
PRVBX | 0.10 | 0.01 | 0.68 | 0.24 | 0.00 | 0.23 | 0.53 | |||
BBINX | 0.13 | (0.01) | 0.24 | (0.26) | 0.17 | 0.29 | 0.78 |