Vanguard International Correlations

VIGI Etf

USD 83.26 0.76 0.90%

The current 90-days correlation between Vanguard International and Vanguard International High is -0.19 (i.e., Good 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

Very good diversification

The correlation between Vanguard International Dividen and DJI is -0.25 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vanguard International Dividen 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 International Dividend. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as various price indices.

Moving together with Vanguard Etf

0.79	CGXU	Capital Group Intern	Pair Corr
0.77	DNL	WisdomTree Global	Pair Corr
0.84	IQDG	WisdomTree International	Pair Corr
0.83	PIZ	Invesco DWA Developed	Pair Corr
0.96	IDHQ	Invesco SP International	Pair Corr
0.78	BKCI	BNY Mellon ETF	Pair Corr
0.85	VZ	Verizon Communications Sell-off Trend	Pair Corr
0.72	CSCO	Cisco Systems	Pair Corr
0.71	INTC	Intel	Pair Corr
0.84	IBM	International Business	Pair Corr
0.77	MMM	3M Company	Pair Corr
0.72	TRV	The Travelers Companies Sell-off Trend	Pair Corr
0.92	T	ATT Inc Sell-off Trend	Pair Corr
0.86	KO	Coca Cola Aggressive Push	Pair Corr

Moving against Vanguard Etf

0.65	MRK	Merck Company	Pair Corr
0.51	OIH	VanEck Oil Services	Pair Corr
0.49	WTMF	WisdomTree Managed	Pair Corr
0.68	MSFT	Microsoft	Pair Corr
0.63	AA	Alcoa Corp	Pair Corr
0.54	CAT	Caterpillar	Pair Corr
0.45	HPQ	HP Inc	Pair Corr
0.44	DIS	Walt Disney	Pair Corr

Related Correlations Analysis

	VYMI	VWOB	VNQI	VSS	VONV
VYMI		0.9	0.86	0.86	0.08	VYMI
VWOB	0.9		0.88	0.77	0.27	VWOB
VNQI	0.86	0.88		0.92	0.4	VNQI
VSS	0.86	0.77	0.92		0.31	VSS
VONV	0.08	0.27	0.4	0.31		VONV
	VYMI	VWOB	VNQI	VSS	VONV

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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
VYMI	0.61	0.18	0.27	0.28	0.52	(0.66)	1.20	(0.92)	3.82
VWOB	0.24	0.04	0.29	0.17	0.16	(0.27)	0.57	(0.46)	1.53
VNQI	0.58	0.06	0.12	0.08	0.67	(0.62)	1.14	(1.26)	3.14
VSS	0.65	0.06	0.09	0.04	0.80	(0.72)	1.32	(1.23)	4.92
VONV	0.64	0.06	0.09	0.02	0.74	(0.72)	1.31	(1.32)	3.20

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