Vanguard Russell Correlations

VTWV Etf

USD 156.23 0.23 0.15%

The current 90-days correlation between Vanguard Russell 2000 and Dimensional ETF Trust is 0.31 (i.e., Weak diversification). The correlation of Vanguard Russell 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 Russell Correlation With Market

Very poor diversification

The correlation between Vanguard Russell 2000 and DJI is 0.83 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vanguard Russell 2000 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 Russell 2000. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in housing.

Moving together with Vanguard Etf

0.98	VBR	Vanguard Small Cap	Pair Corr
1.0	IWN	iShares Russell 2000	Pair Corr
0.99	DFAT	Dimensional Targeted	Pair Corr
1.0	IJS	iShares SP Small	Pair Corr
1.0	SLYV	SPDR SP 600	Pair Corr
0.99	AVUV	Avantis Small Cap	Pair Corr
0.99	DES	WisdomTree SmallCap	Pair Corr
0.98	MDYV	SPDR SP 400	Pair Corr
0.89	CALF	Pacer Small Cap	Pair Corr
0.97	REGL	ProShares SP MidCap	Pair Corr
0.82	SHLD	Global X Funds	Pair Corr
0.88	WINN	Harbor Long Term	Pair Corr
0.81	AA	Alcoa Corp Fiscal Year End 15th of January 2025	Pair Corr
0.61	HPQ	HP Inc	Pair Corr
0.78	T	ATT Inc Aggressive Push	Pair Corr
0.95	AXP	American Express Fiscal Year End 24th of January 2025	Pair Corr
0.65	INTC	Intel Fiscal Year End 23rd of January 2025	Pair Corr
0.86	CVX	Chevron Corp Fiscal Year End 7th of February 2025	Pair Corr
0.92	BAC	Bank of America Fiscal Year End 10th of January 2025	Pair Corr
0.83	WMT	Walmart Aggressive Push	Pair Corr
0.8	TRV	The Travelers Companies Fiscal Year End 17th of January 2025	Pair Corr
0.87	CSCO	Cisco Systems Sell-off Trend	Pair Corr

Moving against Vanguard Etf

0.87	FNGD	MicroSectors FANG Index	Pair Corr
0.78	PFE	Pfizer Inc Fiscal Year End 4th of February 2025	Pair Corr
0.45	BA	Boeing Fiscal Year End 29th of January 2025	Pair Corr

Related Correlations Analysis

	DISV	VB	MMSC	VIOG	VIOV	VIOO	DWAS	VTWG
DISV		-0.51	-0.47	-0.42	-0.53	-0.49	-0.51	-0.51	DISV
VB	-0.51		0.99	0.98	0.98	0.99	0.99	0.99	VB
MMSC	-0.47	0.99		0.97	0.97	0.97	0.99	0.99	MMSC
VIOG	-0.42	0.98	0.97		0.98	0.99	0.98	0.98	VIOG
VIOV	-0.53	0.98	0.97	0.98		1.0	0.98	0.99	VIOV
VIOO	-0.49	0.99	0.97	0.99	1.0		0.99	0.99	VIOO
DWAS	-0.51	0.99	0.99	0.98	0.98	0.99		0.99	DWAS
VTWG	-0.51	0.99	0.99	0.98	0.99	0.99	0.99		VTWG
	DISV	VB	MMSC	VIOG	VIOV	VIOO	DWAS	VTWG

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Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

VIOO	+ 1.0	VIOV
MMSC	+ 0.99	VB
VIOO	+ 0.99	VB
DWAS	+ 0.99	VB
VTWG	+ 0.99	VB
DWAS	+ 0.99	MMSC

High negative correlations

VIOV	- 0.53	DISV
VTWG	- 0.51	DISV
DWAS	- 0.51	DISV
VB	- 0.51	DISV
VIOO	- 0.49	DISV
MMSC	- 0.47	DISV

Vanguard Russell Constituents Risk-Adjusted Indicators

There is a big difference between Vanguard Etf performing well and Vanguard Russell 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 Russell'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
DISV	0.72	(0.08)	0.00	(0.08)	0.00	0.00	1.34	(1.46)	4.15
VB	0.70	0.06	0.09	0.18	0.53	(0.77)	1.68	(1.19)	5.31
MMSC	0.87	0.07	0.10	0.18	0.76	(0.97)	1.97	(1.97)	6.85
VIOG	0.89	(0.03)	0.03	0.11	0.74	(1.02)	2.14	(1.41)	7.80
VIOV	0.89	(0.02)	0.04	0.12	0.78	(1.00)	1.90	(1.61)	7.84
VIOO	0.88	(0.02)	0.03	0.11	0.72	(0.93)	2.01	(1.51)	7.52
DWAS	1.08	0.02	0.09	0.15	0.91	(1.27)	2.60	(1.98)	8.26
VTWG	0.95	0.04	0.09	0.16	0.78	(1.08)	2.24	(1.69)	7.36

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