Us Core Correlations

DFEOX Fund

USD 44.84 0.26 0.58%

The current 90-days correlation between Us E Equity and Us Micro Cap is 0.88 (i.e., Very poor diversification). The correlation of Us Core 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.

Us Core Correlation With Market

Almost no diversification

The correlation between Us E Equity and DJI is 0.91 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Us E Equity 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 Us E Equity. 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 persons.

Moving together with DFEOX Mutual Fund

0.9	DMREX	Dfa Municipal Real	Pair Corr
0.8	DNYMX	Dfa Ny Municipal	Pair Corr
0.91	DREIX	World Core Equity	Pair Corr
0.96	DRIIX	Dimensional 2045 Target	Pair Corr
0.76	DRIHX	Dimensional 2040 Target	Pair Corr
0.96	DRILX	Dimensional 2060 Target	Pair Corr
0.96	DRIKX	Dimensional 2055 Target	Pair Corr
0.96	DRIJX	Dimensional 2050 Target	Pair Corr
0.91	DAABX	Dfa Sustainability	Pair Corr
0.98	DSCGX	Dfa Small	Pair Corr
0.95	DSHGX	Dfa Selectively Hedged	Pair Corr
0.86	DTCPX	Dfa Targeted Credit	Pair Corr
0.96	DTDRX	Dimensional 2065 Target	Pair Corr
0.98	DURPX	Us High Relative	Pair Corr
1.0	DUSQX	Us Lg Cap	Pair Corr
0.97	DUSLX	Dfa Large	Pair Corr

Moving against DFEOX Mutual Fund

0.7	DSFIX	Dfa Social Fixed	Pair Corr
0.59	DIPSX	Dfa Inflation Protected	Pair Corr
0.54	DIHRX	Intal High Relative	Pair Corr
0.51	DILRX	Dfa International	Pair Corr
0.44	DOGMX	Dfa Oregon Municipal	Pair Corr
0.4	DAADX	Dfa Emerging Markets	Pair Corr
0.39	DISMX	Dfa International	Pair Corr
0.34	DRIUX	Dimensional 2025 Target	Pair Corr
0.34	DSCLX	Dfa International Social	Pair Corr
0.31	DISVX	Dfa International Small	Pair Corr
0.8	DFIGX	Dfa Intermediate Gov	Pair Corr
0.72	DFAPX	Dfa Investment Grade	Pair Corr
0.66	DWFIX	Dfa World Ex	Pair Corr
0.63	DFITX	Dfa International Real	Pair Corr
0.56	DFCSX	Continental Small Pany	Pair Corr
0.44	DFALX	Large Cap International	Pair Corr
0.42	DFIEX	International E Equity	Pair Corr
0.41	DFGEX	Dfa Global Real	Pair Corr

Related Correlations Analysis

	DFSCX	DFFGX	DEMSX	AQUI	MSTSX	LBHIX	VIASP	RRTLX	OSHDF	70082LAB3
DFSCX		0.75	-0.02	0.0	0.52	0.54	0.61	0.59	0.56	0.57	DFSCX
DFFGX	0.75		0.08	0.0	0.58	0.67	0.51	0.43	0.56	0.63	DFFGX
DEMSX	-0.02	0.08		0.0	0.78	0.45	-0.54	0.62	-0.45	-0.18	DEMSX
AQUI	0.0	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	AQUI
MSTSX	0.52	0.58	0.78	0.0		0.69	-0.11	0.87	-0.02	0.19	MSTSX
LBHIX	0.54	0.67	0.45	0.0	0.69		0.15	0.72	0.26	0.09	LBHIX
VIASP	0.61	0.51	-0.54	0.0	-0.11	0.15		0.0	0.78	0.47	VIASP
RRTLX	0.59	0.43	0.62	0.0	0.87	0.72	0.0		0.05	0.01	RRTLX
OSHDF	0.56	0.56	-0.45	0.0	-0.02	0.26	0.78	0.05		0.35	OSHDF
70082LAB3	0.57	0.63	-0.18	0.0	0.19	0.09	0.47	0.01	0.35		70082LAB3
	DFSCX	DFFGX	DEMSX	AQUI	MSTSX	LBHIX	VIASP	RRTLX	OSHDF	70082LAB3

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Please upgrade your account to get full access to Macroaxis premium features

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

RRTLX	+ 0.87	MSTSX
MSTSX	+ 0.78	DEMSX
OSHDF	+ 0.78	VIASP
DFFGX	+ 0.75	DFSCX
RRTLX	+ 0.72	LBHIX
LBHIX	+ 0.69	MSTSX

High negative correlations

VIASP	- 0.54	DEMSX
OSHDF	- 0.45	DEMSX
70082LAB3	- 0.18	DEMSX
VIASP	- 0.11	MSTSX
OSHDF	- 0.02	MSTSX
DEMSX	- 0.02	DFSCX

Risk-Adjusted Indicators

There is a big difference between DFEOX Mutual Fund performing well and Us Core 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 Us Core'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
DFSCX	0.98	(0.02)	0.06	0.11	0.81	(1.15)	2.29	(1.53)	8.36
DFFGX	0.03	0.01	0.00	2.96	0.00	0.00	0.10	0.00	0.10
DEMSX	0.61	(0.06)	0.00	(0.04)	0.00	0.00	1.16	(1.41)	3.18
AQUI	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
MSTSX	0.48	(0.04)	(0.13)	0.06	0.50	(0.59)	1.21	(1.02)	2.80
LBHIX	0.11	0.01	(0.41)	0.46	0.00	(0.29)	0.24	(0.24)	0.96
VIASP	0.72	0.00	(0.02)	0.00	1.05	(0.80)	2.28	(1.15)	7.18
RRTLX	0.24	(0.02)	(0.31)	0.05	0.24	(0.27)	0.56	(0.56)	1.37
OSHDF	39.65	20.22	0.00	(24.88)	0.00	0.00	0.00	0.00	1,329
70082LAB3	1.00	0.07	(0.04)	(0.12)	2.25	(1.07)	1.75	(1.69)	24.27

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

2024 Macroaxis LLC