VANGUARD SHORT-TERM Downside Variance
| VFSIX Fund | | | USD 10.41 0.01 0.1% |
The Downside Variance calculation for VANGUARD SHORT-TERM draws on price and volume history. Related screening structures are referenced through
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World Market Map. Clearer exposure analysis supports long-term portfolio balance. Portfolio tools allow users to monitor Vanguard Short Term Investment Grade alongside other positions. All figures are based on reported data and are informational in nature. Broader economic conditions can influence Vanguard Short Term Investment Grade's mutual fund valuation — related indicators include
signals in gross domestic product.
Vanguard Short Term Investment Grade has current Downside Variance of 0.0226. Downside Variance (or DV) is measured by target semi-variance and is termed downside volatility. It is expressed in percentages and therefore allows for rankings in the same way as variance. One way to view downside volatility is the annualized variance of returns below the target.
Downside Variance | = | SUM(RET DEV)2N(ER) |
| = | 0.0226 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N(ER) | = | Number of points with returns less than expected return for the period |
Downside Variance Peers Comparison
Downside Variance Relative To Other Indicators
Vanguard Short Term Investment Grade is rated
below average in downside variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
29.68 of Maximum Drawdown per Downside Variance. At
29.68 , Vanguard Short Term Investment Grade's Maximum Drawdown-to-Downside Variance multiple reflects the spread between these metrics
Downside Variance is the probability-weighted squared below-target returns. The squaring of the below-target returns has the effect of penalizing failures at an exponential rate. This is consistent with observations made on the behavior of individual decision-making under.
Compare VANGUARD SHORT-TERM to Peers
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