JoAnn Heisen - Vanguard Consumer Independent Trustees

VCR Etf  USD 326.09  6.04  1.89%   
JoAnn Heisen is Portfolio Manager at Vanguard Consumer Discretionary
Ms. JoAnn Heffernan Heisen is Independent Trustees of Vanguard Funds. She is Corporationrationrate Vice President and Chief Global Diversity Officer since 2006 and Member of the Executive Committee of Johnson Johnson Vice President and Chief Information Officer of Johnson Johnson Director of the University Medical Center at Princeton and Womens Research and Education Institute Member of the advisory board of the Maxwell School of Citizenship and Public Affairs at Syracuse University.
Age 62
Tenure 27 years
IssuerVanguard
Inception Date2004-01-26
BenchmarkMSCI US Investable Market Consumer Discretionary 25/50 Index
Entity TypeRegulated Investment Company
Asset Under Management5.63 Billion
Average Trading Valume104,287.6
Asset TypeEquity
CategorySector
FocusConsumer Discretionary
Market ConcentrationDeveloped Markets

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The fund employs an indexing investment approach designed to track the performance of the MSCI US Investable Market IndexConsumer Discretionary 2550, an index made up of stocks of large, mid-size, and small U.S. companies within the consumer discretionary sector, as classified under the Global Industry Classification Standard. Consumer Disc is traded on NYSEARCA Exchange in the United States. Vanguard Consumer Discretionary [VCR] is traded in USA and was established 2004-01-26.

Vanguard Consumer Money Managers

JoAnn Heisen, Independent Trustees
Emerson Fullwood, Independent Trustees
Heidi Stam, Secretary
Kathryn Hyatt, Treasurer
Alfred Rankin, Independent Trustees
F McNabb, Chairman of the Board of Trustee, President, Chief Executive Officer
Rajiv Gupta, Independent Trustees
Thomas Higgins, Chief Financial Officer
Amy Gutmann, Independent Trustees
F Loughrey, Independent Trustees
Peter Volanakis, Independent Trustees
Andre Perold, Independent Trustees

Vanguard Etf Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right etf is not an easy task. Is Vanguard Consumer a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Vanguard Consumer

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Vanguard Consumer position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Vanguard Consumer will appreciate offsetting losses from the drop in the long position's value.

Moving together with Vanguard Etf

  0.62XLY Consumer DiscretionaryPairCorr
  1.0FDIS Fidelity MSCI ConsumerPairCorr
  0.87XHB SPDR SP HomebuildersPairCorr

Moving against Vanguard Etf

  0.77FXY Invesco CurrencySharesPairCorr
The ability to find closely correlated positions to Vanguard Consumer could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vanguard Consumer when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Vanguard Consumer - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Vanguard Consumer Discretionary to buy it.
The correlation of Vanguard Consumer 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 perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Vanguard Consumer moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vanguard Consumer moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Vanguard Consumer can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Vanguard Consumer is a strong investment it is important to analyze Vanguard Consumer's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Vanguard Consumer's future performance. For an informed investment choice regarding Vanguard Etf, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vanguard Consumer Discretionary. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
The market value of Vanguard Consumer is measured differently than its book value, which is the value of Vanguard that is recorded on the company's balance sheet. Investors also form their own opinion of Vanguard Consumer's value that differs from its market value or its book value, called intrinsic value, which is Vanguard Consumer's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Vanguard Consumer's market value can be influenced by many factors that don't directly affect Vanguard Consumer's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Vanguard Consumer's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vanguard Consumer is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vanguard Consumer's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.