Vanguard Windsor Correlations

VWNDX Fund

USD 20.98 0.08 0.38%

The current 90-days correlation between Vanguard Windsor and Vanguard Explorer Fund is -0.03 (i.e., Good diversification). The correlation of Vanguard Windsor 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 Windsor Correlation With Market

Good diversification

The correlation between Vanguard Windsor Fund and DJI is -0.17 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vanguard Windsor Fund 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 Windsor Fund. 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 unemployment.

Moving together with Vanguard Mutual Fund

0.74	VMVAX	Vanguard Mid Cap	Pair Corr
0.67	VPCCX	Vanguard Primecap	Pair Corr
0.66	VPMCX	Vanguard Primecap	Pair Corr
0.89	VQNPX	Vanguard Growth And	Pair Corr
0.69	VSEQX	Vanguard Strategic Equity	Pair Corr

Related Correlations Analysis

	VEXPX	VPMCX	VWELX	VWNFX	VWIGX
VEXPX		0.46	0.83	0.65	-0.01	VEXPX
VPMCX	0.46		0.36	0.9	0.81	VPMCX
VWELX	0.83	0.36		0.51	0.08	VWELX
VWNFX	0.65	0.9	0.51		0.64	VWNFX
VWIGX	-0.01	0.81	0.08	0.64		VWIGX
	VEXPX	VPMCX	VWELX	VWNFX	VWIGX

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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

VWNFX	+ 0.9	VPMCX
VWELX	+ 0.83	VEXPX
VWIGX	+ 0.81	VPMCX
VWNFX	+ 0.65	VEXPX
VWIGX	+ 0.64	VWNFX
VWNFX	+ 0.51	VWELX

High negative correlations

VWIGX

- 0.01

VEXPX

Risk-Adjusted Indicators

There is a big difference between Vanguard Mutual Fund performing well and Vanguard Windsor 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 Windsor'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	Treynor Ratio	Potential Upside	Value @Risk	Maximum Drawdown
VEXPX	1.05	(0.19)	(0.21)	1.56	(2.79)	7.33
VPMCX	0.89	(0.06)	(0.11)	1.55	(1.57)	8.13
VWELX	0.69	(0.14)	(0.22)	0.93	(1.38)	9.09
VWNFX	0.79	(0.13)	(0.20)	1.26	(1.46)	10.66
VWIGX	1.10	(0.05)	(0.10)	1.87	(2.31)	10.73

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