Small Cap Correlations

Mutual Funds . USA . 
Fund . Small Cap Value
ACVIX Fund  USD 9.46  0.07  0.75%   
The current 90-days correlation between Small Cap Value and Tiaa Cref Large Cap Value is 0.2 (i.e., Modest diversification). The correlation of Small Cap is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Small Cap Correlation With Market

Weak diversification

The correlation between Small Cap Value and DJI is 0.35 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Small Cap Value and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Small Cap Value. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Moving together with Small Mutual Fund

  0.66AMDVX Mid Cap ValuePairCorr
  0.83AMGIX Income GrowthPairCorr
  0.72TWACX Short Term GovernmentPairCorr
  0.96TWADX Value Fund APairCorr
  0.83TWCCX Ultra Fund CPairCorr
  0.82TWCAX Select Fund APairCorr
  0.81TWCIX Select Fund InvestorPairCorr
  0.84TWCGX Growth Fund InvestorPairCorr
  0.64TWARX Short Term GovernmentPairCorr
  0.66TWAVX Short Term GovernmentPairCorr
  0.99AMVYX Mid Cap ValuePairCorr
  0.99AMVRX Mid Cap ValuePairCorr
  0.99AMVGX Mid Cap ValuePairCorr
  0.97TWEAX Equity IncomePairCorr
  0.81TWGAX International GrowthPairCorr
  0.87TWGIX Growth Fund IPairCorr
  0.84TWHIX Heritage Fund InvestorPairCorr
  0.96TWRCX Growth Fund CPairCorr
  0.74TWSCX Strategic Allocation:PairCorr
  0.73TWSAX Strategic Allocation:PairCorr
  0.73TWSMX Strategic Allocation:PairCorr
  0.94TWSIX Select Fund IPairCorr
  0.7TWUSX Short Term GovernmentPairCorr
  0.99TWVLX Value Fund InvestorPairCorr
  0.89TWUAX Ultra Fund APairCorr
  0.8TWUIX Ultra Fund IPairCorr
  0.69TWUOX Short Term GovernmentPairCorr
  0.76NPHIX High Income FundPairCorr
  0.97ANORX Small Cap GrowthPairCorr
  0.96ANOGX Small Cap GrowthPairCorr
  0.84ANOIX Small Cap GrowthPairCorr
  0.98ANOCX Small Cap GrowthPairCorr

Moving against Small Mutual Fund

  0.37ANOHX American Century SmallPairCorr

Related Correlations Analysis


Risk-Adjusted Indicators

There is a big difference between Small Mutual Fund performing well and Small Cap Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Small Cap's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2026 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY