This page shows a correlation matrix for for common ETFs representing typical asset classes and subclasses. You can also view correlations for specific mutual funds, ETFs and stocks including rolling correlations over time for specific tickers.
Asset class correlations for time period 05/01/2009 - 09/30/2019 based on monthly returns.
| Name | Ticker | VTI | VO | VB | SHY | BND | TLT | TIP | MUB | VEU | VSS | VWO | VNQ | DBC | GLD | Annualized Return | Daily Standard Deviation | Monthly Standard Deviation | Annualized Standard Deviation |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Vanguard Total Stock Market ETF | VTI | - | 0.97 | 0.95 | -0.26 | -0.17 | -0.47 | 0.00 | -0.08 | 0.85 | 0.83 | 0.75 | 0.65 | 0.55 | 0.06 | 14.82% | 0.97% | 3.76% | 13.03% |
| Vanguard Mid-Cap ETF | VO | 0.97 | - | 0.97 | -0.25 | -0.16 | -0.45 | 0.00 | -0.05 | 0.83 | 0.82 | 0.74 | 0.69 | 0.50 | 0.09 | 15.04% | 1.08% | 4.14% | 14.34% |
| Vanguard Small-Cap ETF | VB | 0.95 | 0.97 | - | -0.29 | -0.21 | -0.48 | -0.02 | -0.10 | 0.78 | 0.79 | 0.70 | 0.66 | 0.52 | 0.06 | 14.56% | 1.18% | 4.72% | 16.34% |
| iShares 1-3 Year Treasury Bond ETF | SHY | -0.26 | -0.25 | -0.29 | - | 0.80 | 0.61 | 0.62 | 0.47 | -0.14 | -0.13 | -0.06 | 0.12 | -0.12 | 0.43 | 1.07% | 0.06% | 0.26% | 0.89% |
| Vanguard Total Bond Market ETF | BND | -0.17 | -0.16 | -0.21 | 0.80 | - | 0.83 | 0.79 | 0.72 | -0.04 | -0.04 | 0.02 | 0.31 | -0.14 | 0.44 | 3.88% | 0.21% | 0.89% | 3.09% |
| iShares 20+ Year Treasury Bond ETF | TLT | -0.47 | -0.45 | -0.48 | 0.61 | 0.83 | - | 0.58 | 0.62 | -0.42 | -0.42 | -0.34 | 0.04 | -0.46 | 0.23 | 6.85% | 0.88% | 3.68% | 12.74% |
| iShares TIPS Bond ETF | TIP | 0.00 | 0.00 | -0.02 | 0.62 | 0.79 | 0.58 | - | 0.57 | 0.15 | 0.18 | 0.25 | 0.34 | 0.11 | 0.54 | 3.70% | 0.32% | 1.31% | 4.53% |
| iShares National Muni Bond ETF | MUB | -0.08 | -0.05 | -0.10 | 0.47 | 0.72 | 0.62 | 0.57 | - | 0.02 | 0.02 | 0.05 | 0.34 | -0.16 | 0.27 | 4.01% | 0.26% | 1.31% | 4.53% |
| Vanguard FTSE All-Wld ex-US ETF | VEU | 0.85 | 0.83 | 0.78 | -0.14 | -0.04 | -0.42 | 0.15 | 0.02 | - | 0.97 | 0.93 | 0.58 | 0.63 | 0.21 | 7.51% | 1.16% | 4.61% | 15.98% |
| Vanguard FTSE All-Wld ex-US SmCp ETF | VSS | 0.83 | 0.82 | 0.79 | -0.13 | -0.04 | -0.42 | 0.18 | 0.02 | 0.97 | - | 0.91 | 0.56 | 0.66 | 0.28 | 8.71% | 1.10% | 4.70% | 16.30% |
| Vanguard FTSE Emerging Markets ETF | VWO | 0.75 | 0.74 | 0.70 | -0.06 | 0.02 | -0.34 | 0.25 | 0.05 | 0.93 | 0.91 | - | 0.54 | 0.61 | 0.32 | 6.29% | 1.34% | 5.47% | 18.95% |
| Vanguard Real Estate ETF | VNQ | 0.65 | 0.69 | 0.66 | 0.12 | 0.31 | 0.04 | 0.34 | 0.34 | 0.58 | 0.56 | 0.54 | - | 0.23 | 0.16 | 15.55% | 1.29% | 4.69% | 16.26% |
| Invesco DB Commodity Tracking | DBC | 0.55 | 0.50 | 0.52 | -0.12 | -0.14 | -0.46 | 0.11 | -0.16 | 0.63 | 0.66 | 0.61 | 0.23 | - | 0.39 | -2.57% | 1.03% | 4.83% | 16.75% |
| SPDR Gold Shares | GLD | 0.06 | 0.09 | 0.06 | 0.43 | 0.44 | 0.23 | 0.54 | 0.27 | 0.21 | 0.28 | 0.32 | 0.16 | 0.39 | - | 4.56% | 0.99% | 4.88% | 16.89% |