Integrity Growth Correlations

IGIVX Fund

USD 115.50 1.75 1.49%

The current 90-days correlation between Integrity Growth Income and Us Government Plus is -0.13 (i.e., Good diversification). The correlation of Integrity Growth 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.

Integrity Growth Correlation With Market

Very poor diversification

The correlation between Integrity Growth Income and DJI is 0.83 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Integrity Growth Income and DJI in the same portfolio, assuming nothing else is changed.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Integrity Growth Income. 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 persons.

Moving together with Integrity Mutual Fund

0.84	VMTIX	Viking Tax Free	Pair Corr
0.85	VMTTX	Viking Tax Free	Pair Corr
0.83	VNDIX	Viking Tax Free	Pair Corr
0.86	VNDFX	Viking Tax Free	Pair Corr
0.73	APAYX	Integrity Dividend Summit	Pair Corr
0.73	IPAYX	Integrity Dividend Summit	Pair Corr
0.85	NEITX	Nebraska Municipal	Pair Corr
0.8	NEMUX	Nebraska Municipal	Pair Corr
0.66	ICPAX	Williston Basin/mid-north	Pair Corr
0.66	ICPUX	Williston Basin/mid-north	Pair Corr
0.66	ICWIX	Williston Basin/mid-north	Pair Corr
0.85	OKMUX	Oklahoma Municipal	Pair Corr
0.85	OKMIX	Oklahoma Municipal	Pair Corr
0.87	IDHIX	Integrity Dividend	Pair Corr
0.86	IDHCX	Integrity Dividend	Pair Corr
0.68	IDIVX	Integrity Dividend	Pair Corr
0.8	MDSAX	Integrity Short Term	Pair Corr
0.8	MEIMX	Maine Municipal	Pair Corr
0.82	MEMUX	Maine Municipal	Pair Corr
0.97	IGIAX	Integrity Growth Income	Pair Corr
0.96	IGIUX	Integrity Growth Income	Pair Corr
0.92	IHFAX	Integrity High Income	Pair Corr
0.92	IHFCX	Integrity High Income	Pair Corr
0.92	IHFIX	Integrity High Income	Pair Corr
0.82	KSITX	Kansas Municipal	Pair Corr
0.81	KSMUX	Kansas Municipal	Pair Corr
0.8	VTSAX	Vanguard Total Stock	Pair Corr
0.63	VFIAX	Vanguard 500 Index	Pair Corr
0.69	VTSMX	Vanguard Total Stock	Pair Corr
0.69	VITSX	Vanguard Total Stock	Pair Corr
0.69	VSMPX	Vanguard Total Stock	Pair Corr
0.8	VSTSX	Vanguard Total Stock	Pair Corr
0.62	VFINX	Vanguard 500 Index	Pair Corr
0.76	VFFSX	Vanguard 500 Index	Pair Corr
0.63	VINIX	Vanguard Institutional	Pair Corr
0.63	VIIIX	Vanguard Institutional	Pair Corr
0.7	LIIAX	Columbia Porate Income	Pair Corr
0.64	SRINX	Columbia Porate Income	Pair Corr
0.72	WRHIX	Ivy High Income	Pair Corr

Related Correlations Analysis

	RGVAX	SSAGX	FISAX	OGGPX	DACGX	DIPXX	GVPIX
RGVAX		0.69	0.69	0.97	0.94	0.0	0.76	RGVAX
SSAGX	0.69		0.98	0.71	0.78	0.0	0.19	SSAGX
FISAX	0.69	0.98		0.68	0.75	0.0	0.14	FISAX
OGGPX	0.97	0.71	0.68		0.97	0.0	0.78	OGGPX
DACGX	0.94	0.78	0.75	0.97		0.0	0.69	DACGX
DIPXX	0.0	0.0	0.0	0.0	0.0		0.0	DIPXX
GVPIX	0.76	0.19	0.14	0.78	0.69	0.0		GVPIX
	RGVAX	SSAGX	FISAX	OGGPX	DACGX	DIPXX	GVPIX

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

FISAX	+ 0.98	SSAGX
OGGPX	+ 0.97	RGVAX
DACGX	+ 0.97	OGGPX
DACGX	+ 0.94	RGVAX
DACGX	+ 0.78	SSAGX
GVPIX	+ 0.78	OGGPX

High negative correlations

GVPIX	- 0.0	DIPXX
DIPXX	- 0.0	DACGX
DIPXX	- 0.0	OGGPX
DIPXX	- 0.0	FISAX
DIPXX	- 0.0	SSAGX
DIPXX	- 0.0	RGVAX

Risk-Adjusted Indicators

There is a big difference between Integrity Mutual Fund performing well and Integrity Growth 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 Integrity Growth'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
RGVAX	0.13	0.00	(0.19)	(0.01)	0.11	(0.17)	0.25	(0.25)	0.91
SSAGX	0.05	0.01	(0.26)	0.48	0.00	(0.17)	0.10	(0.10)	0.51
FISAX	0.05	0.01	0.00	0.37	0.00	0.00	0.27	(0.13)	0.40
OGGPX	0.16	0.00	(0.17)	(0.05)	0.13	(0.22)	0.31	(0.31)	0.92
DACGX	0.13	0.00	(0.17)	(0.02)	0.12	(0.17)	0.24	(0.32)	0.86
DIPXX	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
GVPIX	0.49	(0.01)	(0.07)	0.98	0.62	(0.52)	0.98	(1.19)	2.83

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