Inflation Protected Correlations

Mutual Funds . USA . 
Fund . Inflation Protected Fund
VCTPX Fund  USD 8.57  0.01  0.12%   
The current 90-days correlation between Inflation Protected and Gabelli Gold Fund is 0.17 (i.e., Average diversification). The correlation of Inflation Protected 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.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Inflation Protected Fund. 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 american community survey.

Moving together with Inflation Mutual Fund

  0.98VCBDX Valic Company IPairCorr
  0.97VCGSX Government SecuritiesPairCorr
  0.8VCFVX Foreign ValuePairCorr
  0.81VCIEX International EquitiesPairCorr
  0.99VCIFX International GovernmentPairCorr
  0.84VCSOX Global Social AwarenessPairCorr
  0.78VGREX Global Real EstatePairCorr
  0.89VIOPX Valic Company IPairCorr
  0.93VIPSX Vanguard InflationPairCorr
  0.93VIPIX Vanguard InflationPairCorr
  0.98VAIPX Vanguard Inflation-protecPairCorr
  0.88FLIBX American Funds InflationPairCorr

Moving against Inflation Mutual Fund

  0.69VAPPX Valic Company IPairCorr
  0.67VBCVX Broad Cap ValuePairCorr
  0.67VCBCX Blue Chip GrowthPairCorr
  0.66VSTIX Stock Index FundPairCorr
  0.66VCNIX Nasdaq 100 IndexPairCorr
  0.64VMSGX Mid Cap StrategicPairCorr
  0.64VCGAX Growth IncomePairCorr
  0.64VCSTX Science TechnologyPairCorr
  0.63VMIDX Mid Cap IndexPairCorr
  0.63VCULX Growth Fund GrowthPairCorr
  0.6VCSLX Small Cap IndexPairCorr
  0.59VCIGX Valic Company IPairCorr
  0.59VVMCX Valic Company IPairCorr
  0.58VSRDX Valic Company IPairCorr
  0.54VSSVX Small Cap SpecialPairCorr
  0.49VCAAX Asset AllocationPairCorr
  0.39VVSGX Valic Company IPairCorr
  0.83KNPAX Kinetics Paradigm Steady GrowthPairCorr
  0.83KNPCX Kinetics Paradigm Steady GrowthPairCorr
  0.82LSHUX Horizon Spin Off Steady GrowthPairCorr
  0.81WWNPX Kinetics Paradigm Steady GrowthPairCorr
  0.81KMKCX Kinetics Market Oppo Steady GrowthPairCorr
  0.81KNPYX Kinetics Paradigm Steady GrowthPairCorr
  0.66SMPSX Semiconductor UltrasectorPairCorr
  0.55LETRX Voya Russia FundPairCorr
  0.52VVSCX Valic Company IPairCorr
  0.41VLCGX Large Capital GrowthPairCorr
  0.35VLAGX Valic Company IPairCorr

Related Correlations Analysis

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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   
AGGWX
+ 0.99
GLDAX
FGDIX
+ 0.99
GLDAX
UIPMX
+ 0.99
FGDIX
UIPMX
+ 0.98
GLDAX
FGDIX
+ 0.98
AGGWX
UIPMX
+ 0.98
AGGWX
  
High negative correlations   
UIPMX
- 0.9
SPPIX
FGDIX
- 0.89
SPPIX
IOGYX
- 0.88
SPPIX
SPPIX
- 0.87
GLDAX
AGGWX
- 0.85
SPPIX

Risk-Adjusted Indicators

There is a big difference between Inflation Mutual Fund performing well and Inflation Protected 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 Inflation Protected'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.

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