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Asset Correlations
Correlation Overview
This asset correlation testing tool allows you to view correlations for stocks, ETFs and mutual funds for the given time period. You also view the rolling correlation for a given number of trading days to see how the correlation between the assets has changed over time. You can also view correlation matrix for common asset class ETFs or test assets for autocorrelation and cointegration.
Model Configuration
Correlation Results
Note:
The time period was constrained by the available data for Vanguard Total Bond Market ETF (BND) [May 2007 - Sep 2026] and Vanguard Real Estate ETF (VNQ) [Oct 2004 - Sep 2026]. You can extend the available time period by using Vanguard Total Bond Market Index Inv (VBMFX), which is the oldest share class of the fund.
Rolling correlations are only shown for the first three asset pairs.
Asset Correlations
Asset Correlations
Name
Ticker
QQQ
VNQ
GLD
BND
Annualized Return
Daily Standard Deviation
Monthly Standard Deviation
Annualized Standard Deviation
Invesco QQQ Trust
QQQ
1.00
0.62
0.05
0.25
16.30%
1.40%
5.43%
18.82%
Vanguard Real Estate ETF
VNQ
0.62
1.00
0.13
0.42
4.93%
1.86%
6.41%
22.20%
SPDR Gold Shares
GLD
0.05
0.13
1.00
0.40
9.35%
1.15%
5.08%
17.60%
Vanguard Total Bond Market ETF
BND
0.25
0.42
0.40
1.00
2.83%
0.33%
1.32%
4.56%
Asset correlations for time period 05/01/2007 - 09/30/2026 based on monthly returns
Rolling Correlation
IMPORTANT: The projections or other information generated by Portfolio Visualizer regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results and are not guarantees of future results. Results may vary with each use and over time.
The results do not constitute investment advice or recommendation, are provided solely for informational purposes, and are not an offer to buy or sell any securities. All use is subject to terms of service.
Investing involves risk, including possible loss of principal. Past performance is not a guarantee of future results.
Asset allocation and diversification strategies do not guarantee a profit or protect against a loss.
Hypothetical returns do not reflect trading costs, transaction fees, commissions, or actual taxes due on investment returns.
The results are based on information from a variety of sources we consider reliable, but we do not represent that the information is accurate or complete. Other investments not considered may have characteristics similar or superior to those being analyzed.