Calvert Aggressive Correlations

CAACX Fund

USD 24.46 0.05 0.20%

The current 90-days correlation between Calvert Aggressive and Dws Emerging Markets is 0.02 (i.e., Significant diversification). The correlation of Calvert Aggressive 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.

Calvert Aggressive Correlation With Market

Poor diversification

The correlation between Calvert Aggressive Allocation and DJI is 0.77 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Calvert Aggressive Allocation 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 Calvert Aggressive Allocation. 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 unemployment.

Moving together with Calvert Mutual Fund

0.86	GWPCX	American Funds Growth	Pair Corr
0.86	GWPFX	American Funds Growth	Pair Corr
0.84	GWPAX	American Funds Growth	Pair Corr
0.86	CGRGX	American Funds Growth	Pair Corr
0.86	FPGGX	American Funds Growth	Pair Corr
0.86	FGPGX	American Funds Growth	Pair Corr
0.74	MUTHX	Franklin Mutual Shares	Pair Corr
0.74	TESRX	Franklin Mutual Shares	Pair Corr
0.74	FMSHX	Franklin Mutual Shares	Pair Corr
0.86	CGQGX	American Funds Growth	Pair Corr
0.76	KF	Korea Closed	Pair Corr
0.63	SGGDX	First Eagle Gold Steady Growth	Pair Corr
0.61	USAGX	Precious Metals And	Pair Corr
0.61	FSAGX	Gold Portfolio Gold	Pair Corr
0.67	UNWPX	World Precious Minerals	Pair Corr
0.63	OPGSX	Oppenheimer Gold Spec	Pair Corr
0.69	CVX	Chevron Corp Earnings Call Today	Pair Corr
0.64	XOM	Exxon Mobil Corp Earnings Call Today	Pair Corr

Moving against Calvert Mutual Fund

0.55	T	ATT Inc Earnings Call This Week	Pair Corr
0.44	HPQ	HP Inc	Pair Corr
0.44	VZ	Verizon Communications Earnings Call Today	Pair Corr

Related Correlations Analysis

	FEMDX	EGLNX	EMSLX	GMAQX	REMVX	SEKRX
FEMDX		0.89	0.94	0.92	0.89	0.82	FEMDX
EGLNX	0.89		0.84	0.8	0.8	0.71	EGLNX
EMSLX	0.94	0.84		0.83	0.79	0.73	EMSLX
GMAQX	0.92	0.8	0.83		0.98	0.95	GMAQX
REMVX	0.89	0.8	0.79	0.98		0.98	REMVX
SEKRX	0.82	0.71	0.73	0.95	0.98		SEKRX
	FEMDX	EGLNX	EMSLX	GMAQX	REMVX	SEKRX

Risk-Adjusted Indicators

There is a big difference between Calvert Mutual Fund performing well and Calvert Aggressive 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 Calvert Aggressive'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.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
FEMDX	0.15	0.07	0.13	0.60	0.00	(0.21)	0.48	(0.24)	1.12
EGLNX	0.66	0.19	0.18	1.41	0.51	(0.82)	1.34	(1.05)	3.87
EMSLX	0.94	0.41	0.42	0.74	0.20	(1.09)	1.64	(1.63)	19.22
GMAQX	0.61	0.28	0.32	0.67	0.07	(0.74)	1.34	(0.93)	5.20
REMVX	0.58	0.24	0.32	1.81	0.00	(0.78)	1.47	(0.82)	2.83
SEKRX	0.72	0.21	0.20	0.92	0.55	(0.80)	2.16	(1.20)	3.90

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