Aristotle Funds Correlations

AIHHX Fund

7.46 0.11 1.50%

The current 90-days correlation between Aristotle Funds Series and Doubleline Core Fixed is 0.18 (i.e., Average diversification). The correlation of Aristotle Funds 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.

Aristotle Funds Correlation With Market

Average diversification

The correlation between Aristotle Funds Series and DJI is 0.19 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Aristotle Funds Series 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 Aristotle Funds Series. 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 rate.

Moving together with Aristotle Mutual Fund

0.72	ARALX	Aristotle Funds Series	Pair Corr
0.86	ARAHX	Aristotle Funds Series	Pair Corr
0.88	ARABX	Aristotle Funds Series	Pair Corr
0.71	ARIQX	Aristotle Value Eq	Pair Corr
0.86	ARIHX	Aristotle Funds Series	Pair Corr
1.0	ARIBX	Aristotle Funds Series	Pair Corr
0.7	ARRQX	Aristotle Value Equity	Pair Corr
0.67	PLEBX	Pacific Funds Esg	Pair Corr
0.88	AIBBX	Aristotle Funds Series	Pair Corr
0.71	AIGGX	Aristotle Growth Equity	Pair Corr
0.86	AILLX	Aristotle Funds Series	Pair Corr
0.71	AIQQX	Aristotle Funds Series	Pair Corr
0.63	AISHX	Aristotle Funds Series	Pair Corr
0.99	AISBX	Ing Series Fund	Pair Corr
0.91	VSMAX	Vanguard Small Cap	Pair Corr
0.91	VSCIX	Vanguard Small Cap	Pair Corr
0.91	VSCPX	Vanguard Small Cap	Pair Corr
0.91	NAESX	Vanguard Small Cap	Pair Corr
0.92	FSSNX	Fidelity Small Cap	Pair Corr
0.92	DFSTX	Us Small Cap	Pair Corr
0.74	PASVX	T Rowe Price	Pair Corr
0.74	PRVIX	T Rowe Price	Pair Corr
0.75	TRZVX	T Rowe Price	Pair Corr
0.74	PRSVX	T Rowe Price	Pair Corr
0.76	VTSAX	Vanguard Total Stock	Pair Corr
0.71	VFIAX	Vanguard 500 Index	Pair Corr
0.76	VTSMX	Vanguard Total Stock	Pair Corr
0.75	VSMPX	Vanguard Total Stock	Pair Corr
0.75	VSTSX	Vanguard Total Stock	Pair Corr
0.75	VITSX	Vanguard Total Stock	Pair Corr
0.71	VFINX	Vanguard 500 Index	Pair Corr
0.71	VFFSX	Vanguard 500 Index	Pair Corr

Related Correlations Analysis

	DDCFX	DHGCX	SEHAX	SDGIX	SNPTX	QLENX	CSPFX
DDCFX		0.82	0.62	0.81	0.44	-0.28	0.76	DDCFX
DHGCX	0.82		0.56	0.93	0.68	0.13	0.72	DHGCX
SEHAX	0.62	0.56		0.44	0.68	-0.16	0.91	SEHAX
SDGIX	0.81	0.93	0.44		0.62	0.22	0.58	SDGIX
SNPTX	0.44	0.68	0.68	0.62		0.48	0.72	SNPTX
QLENX	-0.28	0.13	-0.16	0.22	0.48		-0.15	QLENX
CSPFX	0.76	0.72	0.91	0.58	0.72	-0.15		CSPFX
	DDCFX	DHGCX	SEHAX	SDGIX	SNPTX	QLENX	CSPFX

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Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

SDGIX	+ 0.93	DHGCX
CSPFX	+ 0.91	SEHAX
DHGCX	+ 0.82	DDCFX
SDGIX	+ 0.81	DDCFX
CSPFX	+ 0.76	DDCFX
CSPFX	+ 0.72	DHGCX

High negative correlations

QLENX	- 0.28	DDCFX
QLENX	- 0.16	SEHAX
CSPFX	- 0.15	QLENX

Risk-Adjusted Indicators

There is a big difference between Aristotle Mutual Fund performing well and Aristotle Funds 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 Aristotle Funds' 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.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
DDCFX	0.21	(0.03)	0.00	(0.83)	0.00	0.00	0.44	(0.44)	1.42
DHGCX	0.16	(0.02)	0.00	(0.31)	0.00	0.00	0.32	(0.36)	0.94
SEHAX	0.66	(0.04)	0.00	(0.07)	0.00	0.00	1.11	(1.21)	11.56
SDGIX	0.16	(0.01)	0.00	(0.30)	0.00	0.00	0.35	(0.30)	0.94
SNPTX	0.48	0.03	0.01	0.11	0.72	(0.50)	1.01	(1.19)	4.79
QLENX	0.40	0.12	0.20	0.77	0.20	(0.50)	0.83	(0.63)	2.89
CSPFX	0.67	(0.03)	0.00	(0.04)	0.00	0.00	1.57	(1.23)	4.69

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