Vanguard Total Correlations

Mutual Funds . USA . 
Fund . Vanguard Total International
VTISX Fund  USD 141.53  1.63  1.14%   
The current 90-days correlation between Vanguard Total Inter and Invesco Global Health is 0.57 (i.e., Very weak diversification). The correlation of Vanguard Total 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 Total Correlation With Market

Poor diversification

The correlation between Vanguard Total International and DJI is 0.62 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vanguard Total International 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 Total International. 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 state.

Moving together with Vanguard Mutual Fund

  0.84VMLUX Vanguard Limited TermPairCorr
  0.84VMLTX Vanguard Limited TermPairCorr
  0.93VMNVX Vanguard Global MinimumPairCorr
  0.97VMMSX Vanguard Emerging MarketsPairCorr
  0.93VMSIX Vanguard Multi SectorPairCorr
  0.62VMVLX Vanguard Mega CapPairCorr
  0.98VPADX Vanguard Pacific StockPairCorr
  0.98VPACX Vanguard Pacific Stock Potential GrowthPairCorr
  0.88VSGBX Vanguard Short TermPairCorr
  0.87VBIMX Vanguard Intermediate-terPairCorr
  0.87VBILX Vanguard Intermediate-terPairCorr
  0.9VBIRX Vanguard Short TermPairCorr
  0.82VBLIX Vanguard Long TermPairCorr
  0.87VTBIX Vanguard Total BondPairCorr
  0.87VTBNX Vanguard Total BondPairCorr
  0.91VTAPX Vanguard Short TermPairCorr
  0.96VTIAX Vanguard Total InterPairCorr
  0.86VBTLX Vanguard Total BondPairCorr

Moving against Vanguard Mutual Fund

  0.51VSCIX Vanguard Small CapPairCorr
  0.5VSCPX Vanguard Small CapPairCorr
  0.49VSEMX Vanguard Extended MarketPairCorr
  0.49VSEQX Vanguard Strategic EquityPairCorr
  0.43VMNIX Vanguard Market NeutralPairCorr
  0.43VMNFX Vanguard Market NeutralPairCorr
  0.55VSGAX Vanguard Small CapPairCorr
  0.5VSMAX Vanguard Small CapPairCorr
  0.46VSIIX Vanguard Small CapPairCorr
  0.44VSIAX Vanguard Small CapPairCorr
  0.36VSMPX Vanguard Total StockPairCorr
  0.36VSTSX Vanguard Total StockPairCorr
  0.35VTSAX Vanguard Total StockPairCorr
  0.35VTSMX Vanguard Total StockPairCorr

Related Correlations Analysis

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Risk-Adjusted Indicators

There is a big difference between Vanguard Mutual Fund performing well and Vanguard Total 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 Total'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.

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