Dimensional 2055 Correlations

DRIKX Fund  USD 23.66  0.04  0.17%   
The current 90-days correlation between Dimensional 2055 Target and Aew Real Estate is 0.05 (i.e., Significant diversification). The correlation of Dimensional 2055 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 2055 Correlation With Market

Almost no diversification

The correlation between Dimensional 2055 Target and DJI is 0.96 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Dimensional 2055 Target 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 2055 Target. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in employment.

Moving together with Dimensional Mutual Fund

  0.98DIHRX Intal High RelativePairCorr
  0.97DILRX Dfa InternationalPairCorr
  0.96DISVX Dfa International SmallPairCorr
  0.98DISMX Dfa InternationalPairCorr
  0.92DMNBX Dfa Mn MunicipalPairCorr
  0.89DMREX Dfa Municipal RealPairCorr
  0.91DNYMX Dfa Ny MunicipalPairCorr
  0.91DOGMX Dfa Oregon MunicipalPairCorr
  0.97DREIX World Core EquityPairCorr
  1.0DRIIX Dimensional 2045 TargetPairCorr
  0.97DRIHX Dimensional 2040 TargetPairCorr
  0.93DRIGX Dimensional 2035 TargetPairCorr
  0.91DRIWX Dimensional 2030 TargetPairCorr
  0.93DRIUX Dimensional 2025 TargetPairCorr
  0.91DRIRX Dimensional 2020 TargetPairCorr
  0.9DRIQX Dimensional 2015 TargetPairCorr
  1.0DRILX Dimensional 2060 TargetPairCorr
  1.0DRIJX Dimensional 2050 TargetPairCorr
  0.87DAADX Dfa Emerging MarketsPairCorr
  0.94DAABX Dfa SustainabilityPairCorr
  0.98DSCLX Dfa International SocialPairCorr
  0.94DSCGX Dfa SmallPairCorr
  0.96DSHGX Dfa Selectively HedgedPairCorr
  0.91DSSMX Dfa Selective StatePairCorr
  1.0DTDRX Dimensional 2065 TargetPairCorr
  0.89DCARX Dfa California MunicipalPairCorr
  0.9DCIBX Dfa Ca IntPairCorr
  0.82DCMSX Dfa Commodity StrategyPairCorr
  0.95DURPX Us High RelativePairCorr
  0.96DUSQX Us Lg CapPairCorr
  0.74DUSLX Dfa LargePairCorr
  0.85DEMSX Emerging Markets SmallPairCorr
  0.88DEMGX Emerging Markets TargetedPairCorr
  0.88DESIX Emerging Markets Sus Potential GrowthPairCorr

Moving against Dimensional Mutual Fund

  0.58DRXIX Dfa Ltip PortfolioPairCorr
  0.41DWFIX Dfa World ExPairCorr

Related Correlations Analysis


Risk-Adjusted Indicators

There is a big difference between Dimensional Mutual Fund performing well and Dimensional 2055 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 Dimensional 2055'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.