Dimensional ETF Correlations

DFIP Etf

USD 40.96 0.05 0.12%

The current 90-days correlation between Dimensional ETF Trust and Dimensional ETF Trust is 0.75 (i.e., Poor diversification). The correlation of Dimensional ETF 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.

Dimensional ETF Correlation With Market

Significant diversification

The correlation between Dimensional ETF Trust and DJI is 0.05 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Dimensional ETF Trust 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 Dimensional ETF Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Moving together with Dimensional Etf

1.0	TIP	iShares TIPS Bond	Pair Corr
0.99	SPIP	SPDR Portfolio TIPS	Pair Corr
0.9	IVOL	Quadratic Interest Rate	Pair Corr
0.94	JCPI	JPMorgan Inflation	Pair Corr
1.0	TDTF	FlexShares iBoxx 5	Pair Corr
0.96	LTPZ	PIMCO 15 Year	Pair Corr
1.0	TIPZ	PIMCO Broad TIPS	Pair Corr
0.69	FLTN	Rareview Capital	Pair Corr
0.79	IXJ	iShares Global Healthcare	Pair Corr
0.66	IYR	iShares Real Estate	Pair Corr
0.9	WTRE	WisdomTree New Economy	Pair Corr
0.86	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.7	JNJ	Johnson Johnson Sell-off Trend	Pair Corr
0.77	PFE	Pfizer Inc Aggressive Push	Pair Corr
0.64	MMM	3M Company Fiscal Year End 28th of January 2025	Pair Corr
0.65	VZ	Verizon Communications Aggressive Push	Pair Corr
0.89	KO	Coca Cola Aggressive Push	Pair Corr

Moving against Dimensional Etf

0.75	CPII	Ionic Inflation Prot	Pair Corr
0.61	IYC	iShares Consumer Dis	Pair Corr
0.52	SITC	Site Centers Corp	Pair Corr
0.49	HHH	Howard Hughes	Pair Corr
0.87	JPM	JPMorgan Chase Fiscal Year End 10th of January 2025	Pair Corr
0.82	BAC	Bank of America Fiscal Year End 10th of January 2025	Pair Corr
0.74	CVX	Chevron Corp Fiscal Year End 7th of February 2025	Pair Corr
0.59	TRV	The Travelers Companies Fiscal Year End 17th of January 2025	Pair Corr
0.56	AXP	American Express Fiscal Year End 24th of January 2025	Pair Corr
0.43	T	ATT Inc Aggressive Push	Pair Corr

Related Correlations Analysis

	DFSD	DFCF	DFNM	DFAC	DFAI
DFSD		0.52	0.73	0.07	0.31	DFSD
DFCF	0.52		0.75	-0.7	0.74	DFCF
DFNM	0.73	0.75		-0.29	0.55	DFNM
DFAC	0.07	-0.7	-0.29		-0.45	DFAC
DFAI	0.31	0.74	0.55	-0.45		DFAI
	DFSD	DFCF	DFNM	DFAC	DFAI

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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

DFNM	+ 0.75	DFCF
DFAI	+ 0.74	DFCF
DFNM	+ 0.73	DFSD
DFAI	+ 0.55	DFNM
DFCF	+ 0.52	DFSD
DFAI	+ 0.31	DFSD

High negative correlations

DFAC	- 0.7	DFCF
DFAI	- 0.45	DFAC
DFAC	- 0.29	DFNM

Dimensional ETF Constituents Risk-Adjusted Indicators

There is a big difference between Dimensional Etf performing well and Dimensional ETF ETF 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 Dimensional ETF'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
DFSD	0.07	0.00	(1.16)	0.11	0.00	(0.09)	0.15	(0.13)	0.51
DFCF	0.21	(0.02)	0.00	0.59	0.00	0.00	0.40	(0.61)	1.53
DFNM	0.10	0.00	(0.73)	0.09	0.13	(0.10)	0.21	(0.21)	0.77
DFAC	0.59	0.00	0.00	0.12	0.65	(0.66)	1.29	(1.23)	4.65
DFAI	0.63	(0.11)	0.00	(0.11)	0.00	0.00	1.49	(1.37)	3.70

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