Dfa World Correlations

Mutual Funds . USA . 
Fund . Dfa World Ex
DWFIX Fund  USD 8.66  0.01  0.12%   
The current 90-days correlation between Dfa World Ex and World Core Equity is -0.11 (i.e., Good diversification). The correlation of Dfa World 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.

Dfa World Correlation With Market

Average diversification

The correlation between Dfa World Ex and DJI is 0.14 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Dfa World Ex 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 Dfa World Ex. 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 gross domestic product.

Moving together with Dfa Mutual Fund

  0.88DIPSX Dfa Inflation ProtectedPairCorr
  0.8DRXIX Dfa Ltip PortfolioPairCorr
  0.83DSFIX Dfa Social FixedPairCorr
  0.61DSSMX Dfa Selective StatePairCorr
  0.8DTCPX Dfa Targeted CreditPairCorr
  0.61DCIBX Dfa Ca IntPairCorr
  0.81DFAPX Dfa Investment GradePairCorr

Related Correlations Analysis


Risk-Adjusted Indicators

There is a big difference between Dfa Mutual Fund performing well and Dfa World 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 Dfa World'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
DIHRX  0.56  0.13  0.14  0.30  0.35 
(0.65)
 1.19 
(1.13)
 3.25 
DILRX  0.61  0.12  0.11  0.26  0.51 
(0.71)
 1.31 
(1.27)
 3.64 
DIPSX  0.13  0.01 (0.50) 0.82  0.04 
(0.17)
 0.27 
(0.27)
 0.63 
DISVX  0.64  0.31  0.36  0.54  0.00 
(0.81)
 1.75 
(1.03)
 7.06 
DISMX  0.59  0.14  0.12  0.32  0.52 
(0.68)
 1.41 
(1.03)
 3.57 
DMNBX  0.03  0.01  0.00  0.68  0.00 
 0.00 
 0.10 
 0.00 
 0.20 
DMREX  0.05  0.01  0.00  0.54  0.00 
 0.00 
 0.09 
(0.09)
 1.04 
DNYMX  0.03  0.00  0.00  2.74  0.00 
 0.00 
 0.10 
 0.00 
 0.10 
DOGMX  0.05  0.02  0.00  1.94  0.00 
 0.00 
 0.10 
 0.00 
 0.30 
DREIX  0.57  0.15  0.16  0.30  0.32 
(0.67)
 1.17 
(1.09)
 5.16 

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
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY