Vanguard FTSE Pacific ETF (VPL) — Stock Correlations & Overview
Over the past year, VPL has moved most closely with PATN, HFXI, VSGX. Explore the stocks most correlated and inversely correlated with VPL below, along with its price, financials, and company profile.
Stocks correlated with VPL
Correlation of daily returns. Higher positive values move with VPL; negative values move opposite it. Informational only, not investment advice.
Most correlated with VPL
| Symbol | Company | Correlation |
|---|---|---|
| PATN | Pacer Nasdaq International Patent Leaders ETF | 0.95 |
| HFXI | NYLIM FTSE International Equity Currency Neutral ETF | 0.94 |
| VSGX | Vanguard ESG International Stock ETF | 0.94 |
| VEA | Vanguard FTSE Developed Markets ETF | 0.94 |
| VEU | Vanguard FTSE All-World Ex-US ETF | 0.94 |
Most inversely correlated with VPL
| Symbol | Company | Correlation |
|---|---|---|
| EEV | ProShares Trust UltraShort MSCI Emerging Markets | -0.92 |
| EUM | ProShares Trust Short MSCI Emerging Markets | -0.92 |
| EDZ | Direxion Daily MSCI Emerging Markets Bear 3X ETF | -0.92 |
| EWV | ProShares Trust UltraShort MSCI Japan | -0.91 |
| EFU | ProShares Trust UltraShort MSCI EAFE | -0.84 |
Frequently asked questions about VPL correlations
- Which stocks are most correlated with VPL?
- Based on one year of daily returns, the stocks most correlated with Vanguard FTSE Pacific ETF (VPL) are PATN (0.95), HFXI (0.94) and VSGX (0.94). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
- Which stocks are inversely correlated with VPL?
- Over the past year, the stocks most inversely correlated with Vanguard FTSE Pacific ETF (VPL) are EEV (-0.92), EUM (-0.92) and EDZ (-0.92). A negative correlation means the two stocks have tended to move in opposite directions.
- What does a correlation of 0.8 mean for a stock?
- Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
- How are these VPL correlations calculated?
- We compute the correlation of daily returns between VPL and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
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