Calvert Aggressive Correlations

CAGIX Fund

USD 30.23 0.21 0.69%

The current 90-days correlation between Calvert Aggressive and Wesmark Growth Fund is 0.93 (i.e., Almost no 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

Very poor diversification

The correlation between Calvert Aggressive Allocation and DJI is 0.85 (i.e., Very 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 gross domestic product.

Moving together with Calvert Mutual Fund

0.94	GWPCX	American Funds Growth	Pair Corr
0.92	GWPFX	American Funds Growth	Pair Corr
0.94	GWPAX	American Funds Growth	Pair Corr
0.94	CGRGX	American Funds Growth	Pair Corr
0.94	FPGGX	American Funds Growth	Pair Corr
0.94	FGPGX	American Funds Growth	Pair Corr
0.95	MUTHX	Franklin Mutual Shares	Pair Corr
0.95	TESRX	Franklin Mutual Shares	Pair Corr
0.95	FMSHX	Franklin Mutual Shares	Pair Corr
0.94	CGQGX	American Funds Growth	Pair Corr
0.78	PDI	Pimco Dynamic Income	Pair Corr
0.8	LMISX	Qs Large Cap	Pair Corr
0.89	FONPX	Tributary Nebraska Tax	Pair Corr
0.73	EMSLX	Shelton Emerging Markets	Pair Corr
0.88	STABX	Pioneer Short Term	Pair Corr
0.68	IRGIX	Vy Clarion Global	Pair Corr
0.84	SAPYX	Clearbridge Appreciation	Pair Corr
0.87	JGMNX	Janus Triton	Pair Corr
0.98	INPFX	American Funds Income	Pair Corr
0.9	WFCPX	Wells Fargo	Pair Corr
0.65	SMAPX	Salient Mlp Energy	Pair Corr

Moving against Calvert Mutual Fund

0.82	UIPIX	Ultrashort Mid Cap	Pair Corr
0.76	USPSX	Profunds Ultrashort Steady Growth	Pair Corr
0.75	USPIX	Profunds Ultrashort Steady Growth	Pair Corr
0.7	CESGX	Coho Relative Value	Pair Corr
0.58	TCSUX	Cleartrack 2020 Class	Pair Corr
0.57	TCTGX	Transamerica Cleartrack	Pair Corr
0.57	TCTJX	Transamerica Cleartrack	Pair Corr
0.56	TDKTX	Cleartrack 2015 Class	Pair Corr

Related Correlations Analysis

	CMAAX	MSGGX	FHAWX	CCLAX	FOF	WMKGX
CMAAX		0.8	0.99	1.0	0.8	0.89	CMAAX
MSGGX	0.8		0.74	0.8	0.46	0.81	MSGGX
FHAWX	0.99	0.74		0.98	0.88	0.84	FHAWX
CCLAX	1.0	0.8	0.98		0.8	0.88	CCLAX
FOF	0.8	0.46	0.88	0.8		0.57	FOF
WMKGX	0.89	0.81	0.84	0.88	0.57		WMKGX
	CMAAX	MSGGX	FHAWX	CCLAX	FOF	WMKGX

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
CMAAX	0.38	0.03	0.01	0.09	0.40	(0.42)	0.82	(0.79)	2.40
MSGGX	0.79	(0.07)	0.00	(0.03)	0.00	0.00	1.76	(1.79)	4.25
FHAWX	0.23	0.03	(0.02)	0.13	0.18	(0.27)	0.46	(0.46)	1.26
CCLAX	0.23	0.01	(0.04)	0.09	0.20	(0.28)	0.53	(0.42)	1.54
FOF	0.65	0.19	0.17	0.67	0.64	(0.72)	1.33	(1.26)	6.22
WMKGX	0.59	(0.04)	(0.05)	0.00	0.85	(0.59)	1.14	(1.46)	3.72

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