Us Vector Correlations
| DFVEX Fund | USD 28.05 0.18 0.65% |
The current 90-days correlation between Us Vector Equity and John Hancock Financial is 0.83 (i.e., Very poor diversification). The correlation of Us Vector 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 Vector Correlation With Market
Weak diversification
The correlation between Us Vector Equity and DJI is 0.34 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Us Vector Equity and DJI in the same portfolio, assuming nothing else is changed.
DFVEX |
Moving together with DFVEX Mutual Fund
| 0.81 | DREIX | World Core Equity | PairCorr |
| 0.9 | DRIIX | Dimensional 2045 Target | PairCorr |
| 0.77 | DRIHX | Dimensional 2040 Target | PairCorr |
| 0.62 | DRIGX | Dimensional 2035 Target | PairCorr |
| 0.68 | DRIBX | Dimensional 2010 Target | PairCorr |
| 0.85 | DRILX | Dimensional 2060 Target | PairCorr |
| 0.91 | DRIKX | Dimensional 2055 Target | PairCorr |
| 0.85 | DRIJX | Dimensional 2050 Target | PairCorr |
| 0.99 | DAABX | Dfa Sustainability | PairCorr |
| 0.99 | DSCGX | Dfa Small | PairCorr |
| 0.71 | DSHGX | Dfa Selectively Hedged | PairCorr |
| 0.76 | DSSMX | Dfa Selective State | PairCorr |
| 0.79 | DTDRX | Dimensional 2065 Target | PairCorr |
| 0.64 | DCIBX | Dfa Ca Int | PairCorr |
| 0.95 | DURPX | Us High Relative | PairCorr |
| 0.94 | DUSQX | Us Lg Cap | PairCorr |
| 0.92 | DUSLX | Dfa Large | PairCorr |
Related Correlations Analysis
| 0.02 | 0.97 | 0.91 | 0.51 | 0.78 | BTO | ||
| 0.02 | -0.03 | 0.07 | 0.65 | 0.48 | ICFAX | ||
| 0.97 | -0.03 | 0.9 | 0.4 | 0.7 | VFAIX | ||
| 0.91 | 0.07 | 0.9 | 0.5 | 0.78 | FNPIX | ||
| 0.51 | 0.65 | 0.4 | 0.5 | 0.87 | MSVIX | ||
| 0.78 | 0.48 | 0.7 | 0.78 | 0.87 | FIDAX | ||
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between DFVEX Mutual Fund performing well and Us Vector 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 Vector'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BTO | 1.13 | 0.18 | 0.12 | 0.28 | 1.23 | 2.32 | 13.54 | |||
| ICFAX | 0.89 | (0.17) | 0.00 | (0.39) | 0.00 | 1.43 | 18.69 | |||
| VFAIX | 0.80 | 0.12 | 0.12 | 0.32 | 0.90 | 1.46 | 10.22 | |||
| FNPIX | 1.16 | 0.16 | 0.10 | 4.45 | 1.38 | 2.10 | 13.82 | |||
| MSVIX | 0.85 | (0.10) | 0.00 | (0.24) | 0.00 | 1.40 | 15.14 | |||
| FIDAX | 0.95 | 0.00 | 0.00 | 0.00 | 1.65 | 1.79 | 14.53 |