Invesco Senior Correlations

VVR Fund

USD 3.17 0.04 1.25%

The current 90-days correlation between Invesco Senior Income and Invesco Quality Municipal is 0.14 (i.e., Average diversification). The correlation of Invesco Senior 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.

Invesco Senior Correlation With Market

Poor diversification

The correlation between Invesco Senior Income and DJI is 0.65 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Invesco Senior 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 Invesco Senior Income. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in persons.

Moving together with Invesco Fund

0.74	EXG	Eaton Vance Tax	Pair Corr
0.72	FAX	Aberdeen Asia Pacific	Pair Corr
0.71	ATWYX	Ab Tax Managed	Pair Corr
0.69	LTFIX	Principal Lifetime 2055	Pair Corr
0.68	FWCGX	American Funds Capital	Pair Corr
0.76	RFETX	American Funds 2030	Pair Corr
0.67	CWAAX	First Trust Managed	Pair Corr
0.64	HCKTX	Hartford Checks	Pair Corr
0.71	FADMX	Fidelity Advisor Str	Pair Corr
0.75	HASAX	Horizon Active Asset	Pair Corr
0.65	ATOIX	Alpine Ultra Short	Pair Corr
0.73	FCFIX	Frost Credit	Pair Corr
0.63	EVMBX	Eaton Vance Amt	Pair Corr
0.78	RRRPX	American Funds Retirement	Pair Corr
0.65	CNSIX	Invesco Vertible Sec	Pair Corr
0.74	RALSX	Growth Strategy	Pair Corr
0.69	SSAGX	Virtus Seix Government	Pair Corr
0.74	JRTGX	Retirement Living Through	Pair Corr
0.72	VAESX	Virtus Emerging Markets	Pair Corr
0.64	TOLSX	Deutsche Global Infr	Pair Corr
0.76	MMCFX	Amg Managers Emerging	Pair Corr
0.64	PCEQX	Pioneer Equity Income	Pair Corr

Moving against Invesco Fund

0.39

WCMFX

Wcm Focused Small

Pair Corr

Related Correlations Analysis

	IQI	VCV	VKQ	VGM	IIM	HPS	VKI	BLW	SLIYX	FTHY
IQI		0.72	0.9	0.87	0.88	0.64	0.82	0.73	0.82	0.7	IQI
VCV	0.72		0.86	0.8	0.62	0.43	0.87	0.63	0.81	0.74	VCV
VKQ	0.9	0.86		0.89	0.78	0.5	0.89	0.74	0.93	0.79	VKQ
VGM	0.87	0.8	0.89		0.73	0.35	0.93	0.65	0.81	0.72	VGM
IIM	0.88	0.62	0.78	0.73		0.69	0.69	0.5	0.64	0.49	IIM
HPS	0.64	0.43	0.5	0.35	0.69		0.36	0.65	0.55	0.46	HPS
VKI	0.82	0.87	0.89	0.93	0.69	0.36		0.66	0.81	0.67	VKI
BLW	0.73	0.63	0.74	0.65	0.5	0.65	0.66		0.85	0.81	BLW
SLIYX	0.82	0.81	0.93	0.81	0.64	0.55	0.81	0.85		0.88	SLIYX
FTHY	0.7	0.74	0.79	0.72	0.49	0.46	0.67	0.81	0.88		FTHY
	IQI	VCV	VKQ	VGM	IIM	HPS	VKI	BLW	SLIYX	FTHY

Please upgrade your account to get full access to Macroaxis premium features

Risk-Adjusted Indicators

There is a big difference between Invesco Fund performing well and Invesco Senior 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 Invesco Senior'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
IQI	0.34	0.04	(0.10)	0.43	0.26	(0.44)	0.88	(0.70)	2.17
VCV	0.52	0.02	(0.07)	0.47	0.78	(0.53)	1.54	(1.56)	3.38
VKQ	0.32	0.06	(0.06)	0.83	0.19	(0.38)	0.74	(0.52)	1.48
VGM	0.34	0.08	(0.03)	(1.18)	0.34	(0.38)	0.80	(0.60)	2.25
IIM	0.41	0.07	(0.05)	(0.84)	0.38	(0.50)	0.90	(0.65)	4.53
HPS	0.38	0.00	(0.17)	(0.02)	0.50	(0.37)	0.69	(0.82)	2.36
VKI	0.41	0.10	0.00	(1.03)	0.39	(0.50)	1.00	(0.91)	2.68
BLW	0.26	0.00	(0.23)	0.08	0.25	(0.30)	0.45	(0.45)	1.34
SLIYX	0.10	0.04	(0.32)	0.51	0.00	(0.16)	0.29	(0.10)	0.49
FTHY	0.27	0.03	(0.15)	1.38	0.28	(0.30)	0.57	(0.57)	1.90

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