VTV vs NTRS
- 2 of 19 forces clearly differ
- Data through Oct 30, 2026
- Market move removed first
VTV and NTRS clearly differ on 2 of 19 forces. The widest gap is copper: in weeks when the price of copper rose 5%, VTV typically moved +0.15% and NTRS −0.52%.
| Economic force | VTVVanguard Value ETF | NTRSNorthern Trust |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | −0.80%−1.2% to −0.40%Clear | −1.0%−1.9% to +0.02%Not distinguishable from zero |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | +1.6%+0.69% to +2.5%Clear | +2.1%+0.05% to +4.1%Tentative |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | −0.39%−0.78% to +0.01%Not distinguishable from zero | −0.26%−1.5% to +1.0%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | −0.08%−0.38% to +0.23%Not distinguishable from zero | −0.03%−0.53% to +0.46%Not distinguishable from zero |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | −0.40%−1.1% to +0.34%Not distinguishable from zero | −0.56%−2.5% to +1.4%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | +0.03%−0.63% to +0.70%Not distinguishable from zero | −1.2%−2.5% to +0.20%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | −0.60%−0.88% to −0.32%Clear | −0.50%−1.1% to +0.14%Not distinguishable from zero |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | +0.20%−0.15% to +0.54%Not distinguishable from zero | +0.49%−0.50% to +1.5%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | +0.02%−0.26% to +0.30%Not distinguishable from zero | −1.0%−1.8% to −0.22%Tentative |
| CopperIn weeks when the price of copper rose 5%Clear difference | +0.15%−0.05% to +0.35%Not distinguishable from zero | −0.52%−0.94% to −0.09%Tentative |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | −0.01%−0.02% to 0.00%Not distinguishable from zero | +0.02%−0.01% to +0.04%Not distinguishable from zero |
| BitcoinIn weeks when the price of bitcoin rose 10% | −0.23%−0.52% to +0.07%Not distinguishable from zero | −0.47%−1.1% to +0.15%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage pointClear difference | +0.34%+0.27% to +0.42%Clear | +0.61%+0.46% to +0.76%Clear |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point | +0.54%+0.50% to +0.58%Clear | +0.66%+0.52% to +0.80%Clear |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | −0.07%−0.20% to +0.06%Not distinguishable from zero | −0.17%−0.36% to +0.02%Not distinguishable from zero |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −0.62%−1.3% to +0.08%Not distinguishable from zero | −2.0%−3.7% to −0.33%Tentative |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | −0.11%−0.40% to +0.17%Not distinguishable from zero | +0.31%−0.31% to +0.93%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | −0.01%−0.10% to +0.09%Not distinguishable from zero | −0.16%−0.37% to +0.05%Not distinguishable from zero |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | +0.04%−0.01% to +0.08%Not distinguishable from zero | +0.04%−0.10% to +0.18%Not distinguishable from zero |
Each figure is the stock's typical move in a week when the force moved by the stated amount, after accounting for the stock market, with its 90% range beneath. Grey figures could not be told apart from zero. A row is marked a clear difference only when the two 90% ranges do not overlap.
This describes the past, and it is not a forecast. Relationships change, and nothing here is a recommendation to buy, sell or hold any security.