Simt Multi-asset Correlations

SLIYX Fund

USD 10.40 0.02 0.19%

The current 90-days correlation between Simt Multi Asset and Eagle Growth Income is 0.16 (i.e., Average diversification). The correlation of Simt Multi-asset 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.

Simt Multi-asset Correlation With Market

Very poor diversification

The correlation between Simt Multi Asset Income and DJI is 0.85 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Simt Multi Asset Income 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 Simt Multi Asset 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 services.

Moving together with Simt Mutual Fund

0.92	TFCAX	Tax Free Conservative	Pair Corr
0.89	TFCYX	Tax Free Conservative	Pair Corr
0.88	SUSYX	Simt Managed Volatility	Pair Corr
0.91	SUSAX	Siit Ultra Short	Pair Corr
0.88	SVOAX	Simt Managed Volatility	Pair Corr
0.94	SECAX	Siit Small Cap	Pair Corr
0.98	SEDAX	Siit Emerging Markets	Pair Corr
0.92	SEFCX	Sit International Equity	Pair Corr
0.92	SEHAX	Siit Equity Factor	Pair Corr
0.87	SEIRX	Simt Real Estate	Pair Corr
0.91	SEIYX	Simt High Yield	Pair Corr
0.85	SEQFX	Sit Emerging Markets	Pair Corr
0.94	AAEZX	Enhanced Fixed Income	Pair Corr
0.89	SXMAX	Saat Moderate Strategy	Pair Corr
0.9	SGLYX	Simt Global Managed	Pair Corr
0.9	SGMAX	Siit Global Managed	Pair Corr
0.91	SGOAX	Saat Market Growth	Pair Corr
0.93	SGYAX	Siit High Yield	Pair Corr
0.98	SIEDX	Sit Emerging Markets	Pair Corr
0.98	SIMYX	Simt Tax Managed	Pair Corr
0.86	DAACX	Diversified Equity	Pair Corr
0.9	SKTAX	Saat E Market	Pair Corr
0.87	SLFYX	Simt Multi Asset	Pair Corr
0.91	SMAYX	Small Cap Growth	Pair Corr
0.89	SMAAX	Aig Government Money	Pair Corr
0.91	TRMVX	Simt Large Cap	Pair Corr
0.87	LCIAX	Siit Large Cap	Pair Corr
0.94	SPVYX	Simt Small Cap	Pair Corr

Moving against Simt Mutual Fund

0.38

SEVIX

Simt Managed Volatility

Pair Corr

Related Correlations Analysis

	BLW	ITTIX	IHAYX	ITTAX	HAFCX	IQI	RSIGX	VVR	GUBGX	HRCVX
BLW		0.69	0.69	0.72	0.71	0.29	0.67	0.74	0.68	-0.44	BLW
ITTIX	0.69		1.0	0.96	0.96	0.67	0.98	0.68	0.95	-0.64	ITTIX
IHAYX	0.69	1.0		0.96	0.96	0.67	0.98	0.68	0.95	-0.64	IHAYX
ITTAX	0.72	0.96	0.96		1.0	0.68	0.96	0.67	0.98	-0.66	ITTAX
HAFCX	0.71	0.96	0.96	1.0		0.69	0.96	0.67	0.98	-0.65	HAFCX
IQI	0.29	0.67	0.67	0.68	0.69		0.66	0.35	0.66	-0.49	IQI
RSIGX	0.67	0.98	0.98	0.96	0.96	0.66		0.68	0.98	-0.66	RSIGX
VVR	0.74	0.68	0.68	0.67	0.67	0.35	0.68		0.68	-0.39	VVR
GUBGX	0.68	0.95	0.95	0.98	0.98	0.66	0.98	0.68		-0.68	GUBGX
HRCVX	-0.44	-0.64	-0.64	-0.66	-0.65	-0.49	-0.66	-0.39	-0.68		HRCVX
	BLW	ITTIX	IHAYX	ITTAX	HAFCX	IQI	RSIGX	VVR	GUBGX	HRCVX

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

IHAYX	+ 1.0	ITTIX
HAFCX	+ 1.0	ITTAX
RSIGX	+ 0.98	ITTIX
RSIGX	+ 0.98	IHAYX
GUBGX	+ 0.98	ITTAX
GUBGX	+ 0.98	HAFCX

High negative correlations

HRCVX	- 0.68	GUBGX
HRCVX	- 0.66	RSIGX
HRCVX	- 0.66	ITTAX
HRCVX	- 0.65	HAFCX
HRCVX	- 0.64	IHAYX
HRCVX	- 0.64	ITTIX

Risk-Adjusted Indicators

There is a big difference between Simt Mutual Fund performing well and Simt Multi-asset 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 Simt Multi-asset'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
BLW	0.26	0.02	(0.09)	0.28	0.24	(0.32)	0.45	(0.52)	1.33
ITTIX	0.22	0.02	(0.05)	0.11	0.18	(0.27)	0.46	(0.41)	1.40
IHAYX	0.22	0.02	(0.05)	0.11	0.18	(0.27)	0.49	(0.45)	1.37
ITTAX	0.23	0.04	(0.02)	0.61	0.17	(0.26)	0.46	(0.46)	1.40
HAFCX	0.23	0.04	(0.03)	0.52	0.17	(0.26)	0.50	(0.45)	1.43
IQI	0.28	0.01	(0.10)	0.24	0.27	(0.33)	0.70	(0.40)	1.71
RSIGX	0.60	0.10	0.10	0.19	0.59	(0.64)	1.17	(1.30)	3.54
VVR	0.44	0.04	0.00	0.21	0.42	(0.66)	0.94	(0.94)	3.11
GUBGX	0.61	0.12	0.09	0.75	0.60	(0.66)	1.15	(1.33)	3.59
HRCVX	0.83	(0.24)	0.00	(0.25)	0.00	0.00	1.03	(1.13)	16.71

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