Davis Select Correlations

DFNL Etf

USD 49.24 0.53 1.06%

The current 90-days correlation between Davis Select Financial and Davis Select International is 0.15 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Davis Select moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Davis Select Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Davis Select Correlation With Market

Modest diversification

The correlation between Davis Select Financial and DJI is 0.24 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Davis Select Financial and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Davis Etf

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Davis Select Financial. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in employment.

Moving together with Davis Etf

0.91	XLF	Financial Select Sector	Pair Corr
0.91	VFH	Vanguard Financials Index	Pair Corr
0.92	KRE	SPDR SP Regional	Pair Corr
0.91	KBE	SPDR SP Bank	Pair Corr
0.95	IYF	iShares Financials ETF	Pair Corr
0.91	FNCL	Fidelity MSCI Financials	Pair Corr
0.94	IYG	iShares Financial	Pair Corr
0.94	FXO	First Trust Financials	Pair Corr
0.95	IAT	iShares Regional Banks	Pair Corr
0.97	IXG	iShares Global Financials	Pair Corr
0.9	FNGU	MicroSectors FANG Index Symbol Change	Pair Corr
0.67	DGP	DB Gold Double	Pair Corr
0.94	AGQ	ProShares Ultra Silver	Pair Corr
0.65	SMH	VanEck Semiconductor ETF	Pair Corr
0.68	MLPR	ETRACS Quarterly Pay	Pair Corr
0.92	JEPI	JPMorgan Equity Premium	Pair Corr
0.66	CSCO	Cisco Systems	Pair Corr
0.78	WMT	Walmart Common Stock	Pair Corr
0.68	TRV	The Travelers Companies	Pair Corr
0.78	JNJ	Johnson Johnson	Pair Corr
0.78	XOM	Exxon Mobil Corp	Pair Corr
0.88	BAC	Bank of America Earnings Call This Week	Pair Corr
0.81	DD	Dupont De Nemours	Pair Corr

Moving against Davis Etf

0.77	PG	Procter Gamble	Pair Corr
0.71	HPQ	HP Inc	Pair Corr
0.69	T	ATT Inc	Pair Corr
0.67	MSFT	Microsoft	Pair Corr
0.6	HD	Home Depot	Pair Corr

Related Correlations Analysis

	DINT	DEHP	DFJ	RWX	BINV	EIDO	XMVM	PALC	TLTE	RSPF
DINT		0.9	0.76	0.72	0.79	0.48	0.66	0.87	0.8	0.76	DINT
DEHP	0.9		0.66	0.76	0.73	0.61	0.5	0.75	0.89	0.51	DEHP
DFJ	0.76	0.66		0.68	0.9	0.7	0.92	0.88	0.57	0.86	DFJ
RWX	0.72	0.76	0.68		0.71	0.49	0.45	0.7	0.68	0.51	RWX
BINV	0.79	0.73	0.9	0.71		0.7	0.8	0.84	0.75	0.76	BINV
EIDO	0.48	0.61	0.7	0.49	0.7		0.69	0.55	0.54	0.41	EIDO
XMVM	0.66	0.5	0.92	0.45	0.8	0.69		0.84	0.42	0.9	XMVM
PALC	0.87	0.75	0.88	0.7	0.84	0.55	0.84		0.66	0.9	PALC
TLTE	0.8	0.89	0.57	0.68	0.75	0.54	0.42	0.66		0.44	TLTE
RSPF	0.76	0.51	0.86	0.51	0.76	0.41	0.9	0.9	0.44		RSPF
	DINT	DEHP	DFJ	RWX	BINV	EIDO	XMVM	PALC	TLTE	RSPF

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

Davis Select Constituents Risk-Adjusted Indicators

There is a big difference between Davis Etf performing well and Davis Select 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 Davis Select'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
DINT	0.80	(0.02)	(0.01)	0.06	1.09	(0.80)	1.46	(1.98)	4.26
DEHP	0.78	0.04	0.03	0.13	0.89	(0.82)	1.77	(1.54)	4.48
DFJ	0.67	0.05	0.01	0.17	0.81	(0.69)	1.37	(1.31)	3.59
RWX	0.50	0.03	(0.03)	0.14	0.55	(0.51)	0.95	(0.91)	2.58
BINV	0.52	0.06	0.00	0.39	0.55	(0.55)	1.19	(0.93)	2.49
EIDO	0.70	0.12	0.08	0.43	0.61	(0.80)	1.98	(1.10)	4.59
XMVM	0.75	0.04	0.04	0.11	0.86	(0.92)	1.83	(1.14)	4.96
PALC	0.62	(0.01)	(0.01)	0.07	0.76	(0.64)	1.37	(1.37)	3.00
TLTE	0.64	0.08	0.01	0.74	0.80	(0.65)	1.36	(1.12)	4.38
RSPF	0.71	(0.02)	(0.02)	0.05	1.03	(0.73)	1.36	(2.20)	4.37

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