Dunham Floating Correlations

DCFRX Fund

USD 8.48 0.01 0.12%

The current 90-days correlation between Dunham Floating Rate and Multi Manager High Yield is 0.09 (i.e., Significant diversification). The correlation of Dunham Floating 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.

Dunham Floating Correlation With Market

Very weak diversification

The correlation between Dunham Floating Rate and DJI is 0.56 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Dunham Floating Rate and DJI in the same portfolio, assuming nothing else is changed.

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dunham Floating Rate. 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 main economic indicators.

Moving together with Dunham Mutual Fund

0.79	DNAVX	Dunham Dynamic Macro	Pair Corr
0.69	DNAIX	Dunham Appreciation	Pair Corr
0.66	DNDGX	Dunham Small Cap	Pair Corr
0.79	DNEMX	Dunham Emerging Markets	Pair Corr
0.66	DNFGX	Dunham Focused Large	Pair Corr
0.92	DNFRX	Dunham Floating Rate	Pair Corr
0.78	DNIOX	Dunham International	Pair Corr
0.68	DNHYX	Dunham High Yield	Pair Corr
0.73	DNLVX	Dunham Large Cap	Pair Corr
0.68	DNSVX	Dunham Small Cap	Pair Corr
0.77	DNSPX	Dunham Enhanced Market	Pair Corr
0.78	DAAIX	Dunham Appreciation	Pair Corr
0.81	DAAVX	Dunham Dynamic Macro	Pair Corr
0.69	DADGX	Dunham Small Cap	Pair Corr
0.83	DAEMX	Dunham Emerging Markets	Pair Corr
0.98	DAFRX	Dunham Floating Rate	Pair Corr
0.73	DAFGX	Dunham Focused Large	Pair Corr
0.71	DAHYX	Dunham High Yield	Pair Corr
0.81	DAIOX	Dunham International	Pair Corr
0.76	DALVX	Dunham Large Cap	Pair Corr
0.71	DASVX	Dunham Small Cap	Pair Corr
0.79	DCAVX	Dunham Dynamic Macro	Pair Corr
0.7	DCDGX	Dunham Small Cap	Pair Corr
0.79	DCEMX	Dunham Emerging Markets	Pair Corr
0.71	DCFGX	Dunham Focused Large	Pair Corr
0.71	DCIOX	Dunham International	Pair Corr
0.7	DCHYX	Dunham High Yield	Pair Corr

Moving against Dunham Mutual Fund

0.77

DASPX

Dunham Enhanced Market

Pair Corr

Related Correlations Analysis

	TIYRX	BUFHX	PYRLX	SGYAX	BHYRX	RIMOX	NMHYX
TIYRX		0.92	0.97	0.96	0.99	0.97	0.94	TIYRX
BUFHX	0.92		0.95	0.94	0.94	0.91	0.97	BUFHX
PYRLX	0.97	0.95		0.96	0.97	0.98	0.97	PYRLX
SGYAX	0.96	0.94	0.96		0.98	0.94	0.96	SGYAX
BHYRX	0.99	0.94	0.97	0.98		0.96	0.96	BHYRX
RIMOX	0.97	0.91	0.98	0.94	0.96		0.94	RIMOX
NMHYX	0.94	0.97	0.97	0.96	0.96	0.94		NMHYX
	TIYRX	BUFHX	PYRLX	SGYAX	BHYRX	RIMOX	NMHYX

Risk-Adjusted Indicators

There is a big difference between Dunham Mutual Fund performing well and Dunham Floating 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 Dunham Floating'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	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
TIYRX	0.13	0.02	(0.25)	1.40	(0.20)	0.34	(0.23)	0.91
BUFHX	0.10	0.00	(0.32)	0.08	(0.14)	0.19	(0.19)	0.76
PYRLX	0.09	0.02	(0.38)	1.22	(0.12)	0.24	(0.16)	0.55
SGYAX	0.12	0.03	(0.23)	1.31	(0.27)	0.57	(0.14)	0.87
BHYRX	0.13	0.02	(0.23)	5.72	(0.21)	0.28	(0.28)	0.84
RIMOX	0.05	0.03	(0.62)	0.69	(0.09)	0.15	(0.05)	0.36
NMHYX	0.10	0.01	(0.33)	0.15	(0.14)	0.24	(0.12)	0.60

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