Stone Ridge Correlations

LFDR Etf

188.49 0.03 0.02%

The current 90-days correlation between Stone Ridge Durable and PIMCO RAFI Dynamic is 0.13 (i.e., Average diversification). The correlation of Stone Ridge 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.

Stone Ridge Correlation With Market

Excellent diversification

The correlation between Stone Ridge Durable and DJI is -0.56 (i.e., Excellent diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Stone Ridge Durable and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Stone Etf

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Stone Ridge Durable. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Moving together with Stone Etf

0.7

MPAY

Exchange Traded Concepts

Pair Corr

Moving against Stone Etf

0.64	CPST	Calamos ETF Trust	Pair Corr
0.62	AA	Alcoa Corp	Pair Corr
0.6	VTV	Vanguard Value Index	Pair Corr
0.59	VEA	Vanguard FTSE Developed	Pair Corr
0.56	VB	Vanguard Small Cap	Pair Corr
0.52	VO	Vanguard Mid Cap	Pair Corr
0.52	ITDD	iShares Trust	Pair Corr
0.45	VTI	Vanguard Total Stock	Pair Corr
0.43	SPY	SPDR SP 500	Pair Corr
0.43	IVV	iShares Core SP	Pair Corr
0.4	VWO	Vanguard FTSE Emerging	Pair Corr
0.64	WMT	Walmart Common Stock Aggressive Push	Pair Corr
0.61	BA	Boeing	Pair Corr
0.59	DD	Dupont De Nemours Earnings Call Tomorrow	Pair Corr
0.54	JNJ	Johnson Johnson	Pair Corr
0.54	CAT	Caterpillar	Pair Corr
0.43	BAC	Bank of America Aggressive Push	Pair Corr
0.42	CSCO	Cisco Systems Earnings Call This Week	Pair Corr
0.41	CVX	Chevron Corp	Pair Corr
0.36	PFE	Pfizer Inc Aggressive Push	Pair Corr
0.32	DIS	Walt Disney	Pair Corr

Related Correlations Analysis

	DHSB	MBOX	MCHI	DIVS	DIVZ	FV	VT	MEMA	MFDX
DHSB		0.86	0.19	0.76	0.79	0.93	0.94	-0.34	0.87	DHSB
MBOX	0.86		0.23	0.93	0.94	0.94	0.94	-0.08	0.97	MBOX
MCHI	0.19	0.23		0.05	-0.02	0.35	0.35	0.34	0.23	MCHI
DIVS	0.76	0.93	0.05		0.96	0.79	0.85	-0.03	0.92	DIVS
DIVZ	0.79	0.94	-0.02	0.96		0.82	0.84	-0.14	0.93	DIVZ
FV	0.93	0.94	0.35	0.79	0.82		0.97	-0.18	0.93	FV
VT	0.94	0.94	0.35	0.85	0.84	0.97		-0.17	0.95	VT
MEMA	-0.34	-0.08	0.34	-0.03	-0.14	-0.18	-0.17		-0.15	MEMA
MFDX	0.87	0.97	0.23	0.92	0.93	0.93	0.95	-0.15		MFDX
	DHSB	MBOX	MCHI	DIVS	DIVZ	FV	VT	MEMA	MFDX

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

MFDX	+ 0.97	MBOX
VT	+ 0.97	FV
DIVZ	+ 0.96	DIVS
MFDX	+ 0.95	VT
VT	+ 0.94	DHSB
DIVZ	+ 0.94	MBOX

High negative correlations

MEMA	- 0.34	DHSB
MEMA	- 0.18	FV
MEMA	- 0.17	VT
MFDX	- 0.15	MEMA
MEMA	- 0.14	DIVZ
MEMA	- 0.08	MBOX

Stone Ridge Constituents Risk-Adjusted Indicators

There is a big difference between Stone Etf performing well and Stone Ridge ETF 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 Stone Ridge'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
DHSB	0.27	(0.01)	(0.15)	0.06	0.34	(0.27)	0.50	(0.59)	1.69
MBOX	0.59	0.08	0.10	0.18	0.43	(0.68)	1.19	(0.95)	2.58
MCHI	0.88	(0.08)	0.00	(0.05)	0.00	0.00	1.72	(1.49)	6.46
DIVS	0.46	0.08	0.07	0.23	0.36	(0.50)	1.07	(0.89)	2.48
DIVZ	0.49	0.12	0.15	0.31	0.22	(0.59)	1.05	(0.77)	2.59
FV	0.81	0.03	0.03	0.11	0.90	(0.82)	1.65	(1.52)	3.52
VT	0.58	0.00	(0.02)	0.08	0.72	(0.59)	1.17	(1.25)	3.11
MEMA	0.76	0.32	0.32	1.09	0.18	(0.96)	2.29	(1.20)	4.07
MFDX	0.59	0.12	0.12	0.25	0.49	(0.62)	1.37	(1.03)	3.08

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