Fam Equity-income Correlations

FAMEX Fund

USD 57.46 0.32 0.56%

The current 90-days correlation between Fam Equity Income and Amg Gwk Smallmid is 0.72 (i.e., Poor diversification). The correlation of Fam Equity-income 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.

Fam Equity-income Correlation With Market

Very poor diversification

The correlation between Fam Equity Income Fund and DJI is 0.89 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Fam Equity Income Fund 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 Fam Equity Income Fund. 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 housing.

Moving together with Fam Mutual Fund

0.93	FAMWX	Fam Value Fund	Pair Corr
0.93	FAMVX	Fam Value Fund	Pair Corr
0.94	VIMAX	Vanguard Mid Cap	Pair Corr
0.94	VIMSX	Vanguard Mid Cap	Pair Corr
0.94	VMCPX	Vanguard Mid Cap	Pair Corr
0.94	VMCIX	Vanguard Mid Cap	Pair Corr
0.87	VEXAX	Vanguard Extended Market	Pair Corr
0.87	VEMPX	Vanguard Extended Market	Pair Corr
0.87	VIEIX	Vanguard Extended Market	Pair Corr
0.82	VSEMX	Vanguard Extended Market	Pair Corr
0.87	VEXMX	Vanguard Extended Market	Pair Corr
0.95	FSMDX	Fidelity Mid Cap	Pair Corr
0.92	FTYPX	Fidelity Freedom Index	Pair Corr
0.92	FFBTX	Fidelity Freedom Blend	Pair Corr
0.75	GAAVX	Gmo Alternative Allo	Pair Corr
0.89	GCAVX	Gmo Small Cap	Pair Corr
0.73	GQLOX	Gmo Quality Fund	Pair Corr
0.91	GHVIX	Gmo High Yield	Pair Corr
0.79	GMCQX	Gmo Equity Allocation	Pair Corr
0.92	FICVX	Fidelity Vertible	Pair Corr
0.85	APDOX	Artisan Emerging Markets	Pair Corr
0.83	SNSAX	Saat Defensive Strategy	Pair Corr
0.72	TNSHX	Tiaa-cref Short-term	Pair Corr
0.77	IGZAX	Voya Short Term	Pair Corr
0.85	SDHY	Pgim Short Duration	Pair Corr
0.87	NPHIX	High Income Fund	Pair Corr
0.88	DINIX	Dreyfus International	Pair Corr
0.81	EMOIX	Eaton Vance Municipal	Pair Corr
0.72	BCLPX	Blckrk Lc Cr	Pair Corr
0.8	FUMIX	Fidelity Sai Momentum	Pair Corr
0.93	FZAJX	Fidelity International	Pair Corr
0.82	FAFOX	Nuveen Kansas Municipal	Pair Corr
0.71	ICWIX	Williston Basin/mid-north	Pair Corr
0.86	LDMYX	Lord Abbett Emerging	Pair Corr
0.77	GAMPX	Goldman Sachs Mlp	Pair Corr
0.87	SEMVX	Hartford Schroders	Pair Corr

Related Correlations Analysis

	VLAIX	VLAAX	EEMAX	GCEQX	MAPOX	HGHAX	BAMPX	TGCNX	MMDEX	GWGVX
VLAIX		-0.05	0.58	0.62	0.62	0.59	0.51	-0.11	0.62	0.57	VLAIX
VLAAX	-0.05		-0.7	0.26	-0.65	0.31	-0.61	0.89	0.48	-0.66	VLAAX
EEMAX	0.58	-0.7		0.31	0.96	0.26	0.96	-0.7	-0.03	0.96	EEMAX
GCEQX	0.62	0.26	0.31		0.38	0.55	0.42	0.4	0.84	0.31	GCEQX
MAPOX	0.62	-0.65	0.96	0.38		0.36	0.93	-0.66	0.07	0.97	MAPOX
HGHAX	0.59	0.31	0.26	0.55	0.36		0.29	0.16	0.49	0.32	HGHAX
BAMPX	0.51	-0.61	0.96	0.42	0.93	0.29		-0.58	0.04	0.93	BAMPX
TGCNX	-0.11	0.89	-0.7	0.4	-0.66	0.16	-0.58		0.59	-0.71	TGCNX
MMDEX	0.62	0.48	-0.03	0.84	0.07	0.49	0.04	0.59		-0.03	MMDEX
GWGVX	0.57	-0.66	0.96	0.31	0.97	0.32	0.93	-0.71	-0.03		GWGVX
	VLAIX	VLAAX	EEMAX	GCEQX	MAPOX	HGHAX	BAMPX	TGCNX	MMDEX	GWGVX

Please upgrade your account to get full access to Macroaxis premium features

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

GWGVX	+ 0.97	MAPOX
MAPOX	+ 0.96	EEMAX
BAMPX	+ 0.96	EEMAX
GWGVX	+ 0.96	EEMAX
BAMPX	+ 0.93	MAPOX
GWGVX	+ 0.93	BAMPX

High negative correlations

GWGVX	- 0.71	TGCNX
TGCNX	- 0.7	EEMAX
EEMAX	- 0.7	VLAAX
TGCNX	- 0.66	MAPOX
GWGVX	- 0.66	VLAAX
MAPOX	- 0.65	VLAAX

Risk-Adjusted Indicators

There is a big difference between Fam Mutual Fund performing well and Fam Equity-income 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 Fam Equity-income'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
VLAIX	0.61	0.12	0.09	0.64	0.41	(0.76)	0.84	(0.93)	13.78
VLAAX	0.41	(0.06)	0.00	(0.08)	0.00	0.00	0.75	(0.93)	3.08
EEMAX	0.87	0.34	0.35	0.55	0.39	(1.10)	2.34	(1.17)	6.22
GCEQX	0.56	(0.02)	(0.05)	0.05	0.77	(0.53)	1.06	(1.29)	3.51
MAPOX	0.33	0.05	0.02	0.19	0.13	(0.38)	0.91	(0.56)	2.03
HGHAX	0.67	0.00	(0.05)	0.08	0.68	(0.76)	1.69	(1.31)	3.92
BAMPX	0.27	0.04	(0.04)	0.18	0.15	(0.33)	0.59	(0.58)	1.77
TGCNX	0.78	(0.14)	0.00	(0.10)	0.00	0.00	1.32	(1.93)	4.93
MMDEX	0.76	(0.02)	(0.03)	0.05	1.01	(0.75)	1.32	(1.87)	6.62
GWGVX	0.69	0.13	0.14	0.23	0.53	(0.82)	1.73	(1.35)	4.22

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