Clearbridge Large Correlations

Mutual Funds . USA . 
Fund . Clearbridge Large Cap
SINAX Fund  USD 41.62  0.09  0.22%   
The current 90-days correlation between Clearbridge Large Cap and Blackrock Midcap Index is 0.09 (i.e., Significant diversification). The correlation of Clearbridge Large 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.

Clearbridge Large Correlation With Market

Very poor diversification

The correlation between Clearbridge Large Cap and DJI is 0.87 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Clearbridge Large Cap and DJI in the same portfolio, assuming nothing else is changed.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Clearbridge Large Cap. 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 nation.

Moving together with Clearbridge Mutual Fund

  0.94PEYAX Putnam Equity IncomePairCorr
  0.93TEBIX Franklin Mutual BeaconPairCorr
  0.88TEDMX Templeton DevelopingPairCorr
  0.93TEDIX Franklin Mutual GlobalPairCorr
  0.93TEDSX Franklin Mutual GlobalPairCorr
  0.92TEDRX Franklin Mutual GlobalPairCorr
  0.94TEFRX Templeton ForeignPairCorr
  0.93TEFTX Templeton ForeignPairCorr
  0.78TEGBX Templeton Global BondPairCorr
  0.9TEGRX Templeton GrowthPairCorr
  0.93TEMFX Templeton ForeignPairCorr
  0.89TEMGX Templeton Global SmallerPairCorr
  0.93TEMEX Franklin Mutual BeaconPairCorr
  0.8TEMMX Templeton EmergingPairCorr
  0.93TEMIX Franklin Mutual EuropeanPairCorr
  0.84TEMWX Templeton WorldPairCorr
  0.93TEMTX Franklin Mutual SharesPairCorr
  0.92TEMQX Mutual QuestPairCorr
  0.68PFICX Putnam Floating RatePairCorr
  0.82FQCTX Franklin Necticut TaxPairCorr
  0.98SAIFX Clearbridge Large CapPairCorr
  0.71SAGYX Clearbridge AggressivePairCorr
  0.81TEMZX Templeton EmergingPairCorr
  0.89FQCHX Franklin Templeton SmacsPairCorr
  0.89FQEMX Franklin Templeton SmacsPairCorr
  0.92TEQIX Franklin Mutual QuestPairCorr
  0.91TEPLX Templeton GrowthPairCorr
  0.97TWDAX Templeton WorldPairCorr
  0.98TESIX Franklin Mutual SharesPairCorr
  0.88TESGX Templeton Global SmallerPairCorr
  0.98TESRX Franklin Mutual SharesPairCorr
  0.74PFLRX Putnam Floating RatePairCorr
  0.92LGGAX Clearbridge InternationalPairCorr
  0.93TEURX Franklin Mutual EuropeanPairCorr
  0.95LGIEX Qs International EquityPairCorr
  0.86FQLAX Franklin Louisiana TaxPairCorr
  0.84TEWTX Templeton WorldPairCorr
  0.85SAPYX Clearbridge AppreciationPairCorr
  0.89SASMX Clearbridge Small CapPairCorr
  0.86FQNCX Franklin North CarolinaPairCorr

Related Correlations Analysis


Risk-Adjusted Indicators

There is a big difference between Clearbridge Mutual Fund performing well and Clearbridge Large 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 Clearbridge Large'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
SAIFX  0.74  0.25  0.35  0.34  0.14 
(0.89)
 1.41 
(0.97)
 13.62 
DREVX  0.65 (0.06) 0.00 (0.03) 0.00 
 0.00 
 1.20 
(1.50)
 3.53 
CSVZX  0.71  0.28  0.34  0.42  0.29 
(0.83)
 1.40 
(1.29)
 8.58 
INUTX  0.64  0.21  0.30  0.28  0.27 
(0.77)
 1.36 
(1.19)
 7.63 
BBHLX  0.71  0.04  0.03  0.09  0.87 
(0.71)
 1.56 
(1.44)
 4.05 
GTSGX  0.67  0.03  0.04  0.08  0.72 
(0.75)
 1.67 
(1.38)
 4.53 
MERAX  0.66  0.07  0.04  1.21  0.74 
(0.73)
 1.69 
(1.37)
 4.61 
HASCX  0.93  0.26  0.25  0.25  0.67 
(1.11)
 3.02 
(1.65)
 5.68 
BRMKX  0.71  0.11  0.12  0.17  0.67 
(0.80)
 1.63 
(1.58)
 5.34 
BRMAX  0.66  0.04  0.04  0.08  0.75 
(0.71)
 1.58 
(1.55)
 4.18 

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
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY