Embark Commodity Correlations

ECSQX Fund

11.93 0.13 1.10%

The current 90-days correlation between Embark Commodity Strategy and Tiaa Cref Lifestyle Moderate is 0.25 (i.e., Modest diversification). The correlation of Embark Commodity 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.

Embark Commodity Correlation With Market

Poor diversification

The correlation between Embark Commodity Strategy and DJI is 0.72 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Embark Commodity Strategy 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 Embark Commodity Strategy. 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 producer price index.

Moving together with Embark Mutual Fund

0.84	HICSX	Harbor Vertible Secu	Pair Corr
0.89	HIIDX	Harbor Diversified	Pair Corr
0.9	HIINX	Harbor International	Pair Corr
0.85	HIISX	Harbor International	Pair Corr
0.82	HIMVX	Harbor Mid Cap	Pair Corr
0.76	HILVX	Harbor Large Cap	Pair Corr
0.87	HISVX	Harbor Small Cap	Pair Corr
0.84	HISGX	Harbor Small Cap	Pair Corr
0.86	HMCLX	Harbor Mid Cap	Pair Corr
0.86	HMCNX	Harbor Mid Cap	Pair Corr
0.86	HMCRX	Harbor Mid Cap	Pair Corr
0.84	HNCVX	Harbor Vertible Secu	Pair Corr
0.75	ESCWX	Embark Small Cap	Pair Corr
0.78	ESCQX	Embark Small Cap	Pair Corr
0.9	HNINX	Harbor International	Pair Corr
0.85	HNISX	Harbor International	Pair Corr
0.89	HNIDX	Harbor Diversified	Pair Corr
0.82	HNMVX	Harbor Mid Cap	Pair Corr
0.77	HNLVX	Harbor Large Cap	Pair Corr
0.84	HNSGX	Harbor Small Cap	Pair Corr
0.87	HNVRX	Harbor Small Cap	Pair Corr
1.0	ECSWX	Embark Commodity Strategy Steady Growth	Pair Corr
0.84	HRCSX	Harbor Vertible Secu	Pair Corr
0.89	HRIDX	Harbor Diversified	Pair Corr
0.9	HRINX	Harbor International	Pair Corr
0.85	HRISX	Harbor International	Pair Corr
0.81	HRMVX	Harbor Mid Cap	Pair Corr
0.76	HRLVX	Harbor Large Cap	Pair Corr
0.84	HRSGX	Harbor Small Cap	Pair Corr
0.84	HACSX	Harbor Vertible Secu	Pair Corr
0.9	HAINX	Harbor International	Pair Corr
0.85	HAISX	Harbor International	Pair Corr
0.89	HAIDX	Harbor Diversified	Pair Corr

Moving against Embark Mutual Fund

0.32

HACAX

Harbor Capital Appre

Pair Corr

Related Correlations Analysis

	VRRJX	BIMPX	TSIMX	SAWMX	FHRVX	EXBAX	TSMLX
VRRJX		0.98	0.92	0.97	0.93	0.89	0.93	VRRJX
BIMPX	0.98		0.95	0.97	0.97	0.9	0.95	BIMPX
TSIMX	0.92	0.95		0.95	0.94	0.96	0.98	TSIMX
SAWMX	0.97	0.97	0.95		0.95	0.93	0.95	SAWMX
FHRVX	0.93	0.97	0.94	0.95		0.9	0.92	FHRVX
EXBAX	0.89	0.9	0.96	0.93	0.9		0.93	EXBAX
TSMLX	0.93	0.95	0.98	0.95	0.92	0.93		TSMLX
	VRRJX	BIMPX	TSIMX	SAWMX	FHRVX	EXBAX	TSMLX

Risk-Adjusted Indicators

There is a big difference between Embark Mutual Fund performing well and Embark Commodity 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 Embark Commodity'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
VRRJX	0.49	0.13	0.17	0.30	0.26	(0.58)	0.86	(0.91)	8.22
BIMPX	0.32	0.04	0.02	0.17	0.27	(0.38)	0.68	(0.67)	3.16
TSIMX	0.41	0.07	0.09	0.19	0.24	(0.51)	0.74	(0.73)	5.80
SAWMX	0.37	0.12	0.21	0.35	0.00	(0.47)	0.70	(0.59)	4.02
FHRVX	0.22	0.01	(0.08)	0.09	0.20	(0.23)	0.47	(0.42)	1.18
EXBAX	0.36	0.07	0.11	0.28	0.00	(0.48)	0.69	(0.51)	4.72
TSMLX	0.41	0.10	0.11	0.65	0.26	(0.50)	0.75	(0.73)	5.89

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