Vanguard Mid Correlations

VOE Etf

USD 173.30 0.79 0.46%

The current 90-days correlation between Vanguard Mid Cap and Vanguard Small Cap Value is 0.94 (i.e., Almost no diversification). The correlation of Vanguard Mid 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 Mid Correlation With Market

Very poor diversification

The correlation between Vanguard Mid Cap Value and DJI is 0.86 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vanguard Mid Cap Value and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Vanguard Etf

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vanguard Mid Cap Value. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Moving together with Vanguard Etf

0.98	SDY	SPDR SP Dividend	Pair Corr
0.98	IWS	iShares Russell Mid	Pair Corr
0.97	SPYD	SPDR Portfolio SP	Pair Corr
0.94	COWZ	Pacer Cash Cows	Pair Corr
0.97	DON	WisdomTree MidCap	Pair Corr
0.86	RPV	Invesco SP 500	Pair Corr
0.87	PEY	Invesco High Yield	Pair Corr
0.95	PKW	Invesco BuyBack Achievers	Pair Corr
0.98	ONEY	SPDR Russell 1000	Pair Corr
0.84	SHLD	Global X Defense	Pair Corr
0.69	LUX	Tema ETF Trust	Pair Corr
0.7	HUM	Humana Inc	Pair Corr
0.96	SWP	SWP Growth Income	Pair Corr
0.96	DUKH	Ocean Park High	Pair Corr
0.93	WINN	Harbor Long Term	Pair Corr
0.86	BAC	Bank of America Aggressive Push	Pair Corr
0.85	MRK	Merck Company	Pair Corr
0.89	JPM	JPMorgan Chase	Pair Corr
0.79	GE	GE Aerospace	Pair Corr
0.86	AA	Alcoa Corp	Pair Corr
0.88	DD	Dupont De Nemours	Pair Corr
0.8	HD	Home Depot	Pair Corr
0.7	CSCO	Cisco Systems	Pair Corr
0.87	JNJ	Johnson Johnson	Pair Corr
0.81	PFE	Pfizer Inc	Pair Corr
0.91	CAT	Caterpillar	Pair Corr

Moving against Vanguard Etf

0.9	FNGD	MicroSectors FANG Index	Pair Corr
0.57	PG	Procter Gamble	Pair Corr
0.39	SMI	Van Eck	Pair Corr
0.43	IBM	International Business	Pair Corr

Related Correlations Analysis

	VBR	VOT	VTV	VBK	VO
VBR		0.87	0.98	0.97	0.96	VBR
VOT	0.87		0.89	0.92	0.96	VOT
VTV	0.98	0.89		0.97	0.97	VTV
VBK	0.97	0.92	0.97		0.98	VBK
VO	0.96	0.96	0.97	0.98		VO
	VBR	VOT	VTV	VBK	VO

Vanguard Mid Constituents Risk-Adjusted Indicators

There is a big difference between Vanguard Etf performing well and Vanguard Mid 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 Mid'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
VBR	0.79	0.01	0.05	0.14	0.69	(0.93)	2.04	(1.21)	4.45
VOT	0.63	0.02	0.00	0.15	0.50	(0.68)	1.53	(1.14)	3.57
VTV	0.48	0.02	(0.02)	0.15	0.36	(0.53)	1.01	(0.83)	2.85
VBK	0.78	0.01	0.04	0.14	0.71	(0.89)	1.76	(1.41)	3.77
VO	0.55	0.01	0.00	0.15	0.43	(0.64)	1.20	(0.82)	3.10

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2025 Macroaxis LLC