Vanguard’s forecast 10-year average volatility rate U.S. and global equities 2024
Based on the information generated from the Vanguard Capital Markets Model (VCMM) it was projected that unhedged emerging market equities had the highest 10-year annualized mean volatility rate. U.S. small-cap equities followed in second with a forecast volatility rate of 22.4 percent. Small-cap equities tend to be made up of public companies with a market value ranging between 250 million U.S. dollars to a maximum of two billion U.S. dollars. Small-cap equities have been forecast to achieve a 10-year annualized return of at least 4.3 percent.