Dimensional International Correlations

DFSI Etf

USD 33.15 0.07 0.21%

The current 90-days correlation between Dimensional International and iShares Dividend and is 0.38 (i.e., Weak diversification). The correlation of Dimensional International 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.

Dimensional International Correlation With Market

Modest diversification

The correlation between Dimensional International Sust and DJI is 0.28 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Dimensional International Sust 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 International Sustainability. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state.

Moving together with Dimensional Etf

0.98	VEA	Vanguard FTSE Developed	Pair Corr
0.99	IEFA	iShares Core MSCI	Pair Corr
0.98	VEU	Vanguard FTSE All	Pair Corr
0.98	EFA	iShares MSCI EAFE Aggressive Push	Pair Corr
0.98	IXUS	iShares Core MSCI	Pair Corr
0.99	SPDW	SPDR SP World	Pair Corr
0.99	IDEV	iShares Core MSCI	Pair Corr
0.98	ESGD	iShares ESG Aware	Pair Corr
0.94	JIRE	JP Morgan Exchange	Pair Corr
0.98	DFAX	Dimensional World	Pair Corr

Moving against Dimensional Etf

0.89	YCS	ProShares UltraShort Yen	Pair Corr
0.85	TBT	ProShares UltraShort	Pair Corr
0.57	GBTC	Grayscale Bitcoin Trust	Pair Corr
0.41	SGG	Barclays Capital	Pair Corr
0.35	MLPR	ETRACS Quarterly Pay	Pair Corr
0.85	TMV	Direxion Daily 20 Sell-off Trend	Pair Corr
0.7	JAAA	Janus Detroit Street	Pair Corr
0.67	ICSH	iShares Ultra Short	Pair Corr
0.64	SEIX	Virtus ETF Trust	Pair Corr
0.64	BRLN	Blackrock ETF Trust	Pair Corr
0.64	HAPR	Innovator Premium Income	Pair Corr
0.61	PJAN	Innovator SP 500	Pair Corr
0.59	QYLD	Global X NASDAQ	Pair Corr
0.57	BTRN	Global X Funds	Pair Corr
0.57	BTC	Grayscale Bitcoin Mini	Pair Corr
0.52	FNGS	MicroSectors FANG ETN	Pair Corr
0.5	BITX	Volatility Shares Trust Buyout Trend	Pair Corr
0.47	FLDR	Fidelity Low Duration	Pair Corr
0.35	AMZA	InfraCap MLP ETF	Pair Corr
0.33	VUG	Vanguard Growth Index	Pair Corr
0.72	TFLO	iShares Treasury Floating	Pair Corr
0.67	WUCT	UBS AG London	Pair Corr
0.61	OLO	Olo Inc	Pair Corr
0.6	XDEC	First Trust Exchange	Pair Corr
0.56	TSLY	Tidal Trust II	Pair Corr
0.49	UMI	USCF Midstream Energy	Pair Corr

Related Correlations Analysis

	DIVB	MCSE	MDCP	EV	GK	MJ	PP	XT	METV
DIVB		0.23	0.95	0.49	0.47	0.2	0.65	0.5	-0.02	DIVB
MCSE	0.23		0.34	0.59	-0.2	0.8	0.62	0.15	-0.52	MCSE
MDCP	0.95	0.34		0.65	0.35	0.36	0.66	0.41	-0.18	MDCP
EV	0.49	0.59	0.65		0.24	0.51	0.67	0.4	-0.19	EV
GK	0.47	-0.2	0.35	0.24		-0.46	0.44	0.82	0.76	GK
MJ	0.2	0.8	0.36	0.51	-0.46		0.42	-0.28	-0.84	MJ
PP	0.65	0.62	0.66	0.67	0.44	0.42		0.64	0.03	PP
XT	0.5	0.15	0.41	0.4	0.82	-0.28	0.64		0.66	XT
METV	-0.02	-0.52	-0.18	-0.19	0.76	-0.84	0.03	0.66		METV
	DIVB	MCSE	MDCP	EV	GK	MJ	PP	XT	METV

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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

MDCP	+ 0.95	DIVB
XT	+ 0.82	GK
MJ	+ 0.8	MCSE
METV	+ 0.76	GK
PP	+ 0.67	EV
PP	+ 0.66	MDCP

High negative correlations

METV	- 0.84	MJ
METV	- 0.52	MCSE
MJ	- 0.46	GK
XT	- 0.28	MJ
GK	- 0.2	MCSE
METV	- 0.19	EV

Dimensional International Constituents Risk-Adjusted Indicators

There is a big difference between Dimensional Etf performing well and Dimensional International 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 International'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
DIVB	0.55	(0.02)	0.00	(0.04)	0.00	0.00	1.11	(0.97)	5.73
MCSE	0.79	(0.15)	0.00	(3.14)	0.00	0.00	1.35	(2.10)	5.39
MDCP	0.72	(0.07)	0.00	(0.11)	0.00	0.00	1.38	(1.21)	5.94
EV	1.06	(0.08)	0.00	(0.29)	0.00	0.00	1.91	(2.19)	6.73
GK	0.74	0.00	(0.01)	0.03	1.17	(0.68)	1.28	(1.55)	4.93
MJ	2.04	(0.56)	0.00	(5.35)	0.00	0.00	3.61	(3.59)	24.25
PP	1.11	(0.11)	0.00	(0.19)	0.00	0.00	2.39	(2.09)	9.37
XT	0.76	(0.01)	(0.03)	(0.02)	1.08	(0.74)	1.31	(1.78)	4.92
METV	1.03	0.13	0.09	0.49	1.10	(1.18)	2.29	(1.58)	6.62

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