Kkr Income Correlations

KIO Fund

USD 11.70 0.03 0.26%

The current 90-days correlation between Kkr Income Opportunities and Calamos Global Dynamic is 0.52 (i.e., Very weak diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Kkr Income moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kkr Income Opportunities moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Kkr Income Correlation With Market

Poor diversification

The correlation between Kkr Income Opportunities and DJI is 0.77 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Kkr Income Opportunities and DJI in the same portfolio, assuming nothing else is changed.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kkr Income Opportunities. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Moving together with Kkr Fund

0.77	ETV	Eaton Vance Tax	Pair Corr
0.65	ETJ	Eaton Vance Risk	Pair Corr
0.64	ADX	Adams Diversified Equity	Pair Corr
0.63	GUT	Gabelli Utility Closed	Pair Corr
0.69	RIV	Rivernorth Opportunities	Pair Corr
0.77	FHREX	Fidelity Freedom Blend	Pair Corr
0.76	GEMYX	Emerging Markets Equity	Pair Corr
0.76	APHWX	Artisan Value Income	Pair Corr
0.61	GOIAX	Goldman Sachs Growth	Pair Corr
0.73	FMFEX	Materials Portfolio	Pair Corr
0.78	TIHIX	Transamerica International	Pair Corr
0.64	NAPIX	Voya Multi Manager	Pair Corr
0.69	AVDVX	Avantis International	Pair Corr
0.66	SBTIX	Salient Tactical Plus	Pair Corr
0.71	TRRLX	T Rowe Price	Pair Corr
0.69	FTCCX	Franklin Conservative	Pair Corr
0.68	APITX	Api Growth Fund	Pair Corr
0.8	HGXSX	Hartford Global Impact	Pair Corr
0.72	BRIUX	Baron Real Estate	Pair Corr
0.78	IISTX	Voya Index Solution	Pair Corr
0.66	IRSNX	Voya Target Retirement	Pair Corr
0.68	PACYX	Putnam Dynamic Asset	Pair Corr
0.77	DRILX	Dimensional 2060 Target	Pair Corr
0.75	QCSCPX	Cref Social Choice	Pair Corr
0.64	VFINX	Vanguard 500 Index	Pair Corr

Related Correlations Analysis

	CHW	NCV	NBB	PCQ	NPFD	FRA	NMIMX	HPI	RPGRX	ADCCX
CHW		0.96	0.07	0.89	0.65	0.55	0.65	-0.6	0.96	0.6	CHW
NCV	0.96		0.13	0.86	0.72	0.46	0.62	-0.51	0.96	0.56	NCV
NBB	0.07	0.13		0.35	0.52	0.09	-0.37	0.49	-0.01	-0.5	NBB
PCQ	0.89	0.86	0.35		0.73	0.55	0.38	-0.37	0.79	0.38	PCQ
NPFD	0.65	0.72	0.52	0.73		0.15	0.11	-0.05	0.61	-0.02	NPFD
FRA	0.55	0.46	0.09	0.55	0.15		0.21	-0.11	0.45	0.35	FRA
NMIMX	0.65	0.62	-0.37	0.38	0.11	0.21		-0.82	0.78	0.89	NMIMX
HPI	-0.6	-0.51	0.49	-0.37	-0.05	-0.11	-0.82		-0.65	-0.78	HPI
RPGRX	0.96	0.96	-0.01	0.79	0.61	0.45	0.78	-0.65		0.7	RPGRX
ADCCX	0.6	0.56	-0.5	0.38	-0.02	0.35	0.89	-0.78	0.7		ADCCX
	CHW	NCV	NBB	PCQ	NPFD	FRA	NMIMX	HPI	RPGRX	ADCCX

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

NCV	+ 0.96	CHW
RPGRX	+ 0.96	CHW
RPGRX	+ 0.96	NCV
PCQ	+ 0.89	CHW
ADCCX	+ 0.89	NMIMX
PCQ	+ 0.86	NCV

High negative correlations

HPI	- 0.82	NMIMX
ADCCX	- 0.78	HPI
RPGRX	- 0.65	HPI
HPI	- 0.6	CHW
HPI	- 0.51	NCV
ADCCX	- 0.5	NBB

Risk-Adjusted Indicators

There is a big difference between Kkr Fund performing well and Kkr Income 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 Kkr 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
CHW	0.66	0.11	0.09	0.23	0.68	(0.71)	1.41	(1.50)	3.21
NCV	0.73	0.08	0.06	0.18	0.70	(0.81)	1.74	(1.50)	3.69
NBB	0.40	0.01	(0.06)	0.14	0.59	(0.37)	0.76	(0.83)	2.08
PCQ	0.31	0.04	(0.02)	0.38	0.25	(0.37)	0.67	(0.68)	1.96
NPFD	0.36	0.01	(0.08)	0.18	0.40	(0.38)	0.84	(0.76)	1.85
FRA	0.44	(0.05)	0.00	(0.20)	0.00	0.00	0.88	(1.03)	2.70
NMIMX	0.75	0.09	0.10	0.15	0.68	(0.93)	1.11	(1.58)	13.58
HPI	0.34	(0.07)	0.00	(0.28)	0.00	0.00	0.68	(0.72)	1.68
RPGRX	0.35	0.03	0.00	0.12	0.33	(0.37)	0.79	(0.83)	2.16
ADCCX	1.15	0.22	0.15	0.61	0.93	(1.33)	1.33	(2.11)	27.51

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