Dimensional Equity Correlations

DFUS Etf

USD 66.07 0.38 0.58%

The current 90-days correlation between Dimensional Equity ETF and Dimensional Small Cap is 0.28 (i.e., Modest diversification). The correlation of Dimensional Equity 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 Equity Correlation With Market

Poor diversification

The correlation between Dimensional Equity ETF and DJI is 0.65 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Dimensional Equity ETF 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 Equity ETF. 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 Dimensional Etf

1.0	VTI	Vanguard Total Stock	Pair Corr
1.0	SPY	SPDR SP 500	Pair Corr
1.0	IVV	iShares Core SP	Pair Corr
0.64	VIG	Vanguard Dividend	Pair Corr
0.99	VV	Vanguard Large Cap	Pair Corr
0.67	RSP	Invesco SP 500	Pair Corr
1.0	IWB	iShares Russell 1000	Pair Corr
0.71	ESGU	iShares ESG Aware	Pair Corr
1.0	SPLG	SPDR Portfolio SP	Pair Corr
0.96	UPRO	ProShares UltraPro SP500	Pair Corr
0.61	XTOC	Innovator ETFs Trust	Pair Corr
0.7	QTAP	Innovator Growth 100	Pair Corr
0.75	XTAP	Innovator Equity Acc	Pair Corr

Related Correlations Analysis

	DFAS	DFAT	DFAC	DFAU	DFAI
DFAS		0.93	0.85	0.62	0.37	DFAS
DFAT	0.93		0.93	0.55	0.39	DFAT
DFAC	0.85	0.93		0.61	0.45	DFAC
DFAU	0.62	0.55	0.61		0.5	DFAU
DFAI	0.37	0.39	0.45	0.5		DFAI
	DFAS	DFAT	DFAC	DFAU	DFAI

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Dimensional Equity Constituents Risk-Adjusted Indicators

There is a big difference between Dimensional Etf performing well and Dimensional Equity 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 Equity'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
DFAS	0.82	0.04	0.00	0.14	1.00	(0.90)	1.70	(1.37)	9.58
DFAT	0.82	0.07	0.01	0.47	0.96	(0.96)	1.66	(1.32)	10.69
DFAC	0.60	0.05	(0.01)	0.84	0.80	(0.62)	1.10	(1.24)	6.41
DFAU	0.63	0.04	0.02	0.13	0.83	(0.65)	1.24	(1.31)	6.01
DFAI	0.54	0.01	(0.07)	0.88	0.74	(0.58)	1.14	(1.28)	4.02

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Dimensional Equity Correlations

Dimensional Equity Correlation With Market

Poor diversification

Moving together with Dimensional Etf

Related Correlations Analysis

Dimensional Equity Constituents Risk-Adjusted Indicators

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