Western Asset Correlations

WAFCX Fund

USD 9.14 0.01 0.11%

The current 90-days correlation between Western Asset Inflation and Western Asset E is 0.66 (i.e., Poor diversification). The correlation of Western 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.

Western Asset Correlation With Market

Average diversification

The correlation between Western Asset Inflation and DJI is 0.11 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Western Asset Inflation and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Asset Inflation. 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 Western Mutual Fund

0.62	WACIX	Western Asset E	Pair Corr
0.62	WACSX	Western Asset E	Pair Corr
0.7	WABCX	Western Asset E	Pair Corr
0.71	WABRX	Western Asset E	Pair Corr
0.95	WAFSX	Western Asset Inflation	Pair Corr
0.97	WAFRX	Western Asset Inflation	Pair Corr
0.68	WAPCX	Western Asset E	Pair Corr
0.67	WAPIX	Western Asset E	Pair Corr
0.62	WAPSX	Western Asset E	Pair Corr
0.67	WAPRX	Western Asset E	Pair Corr
0.62	SBILX	Western Asset Porate	Pair Corr
0.65	WATCX	Western Asset Interm	Pair Corr
0.61	WATRX	Western Asset Interm	Pair Corr
0.95	WATPX	Western Asset Inflation	Pair Corr

Moving against Western Mutual Fund

0.31

SAGCX

Clearbridge Aggressive

Pair Corr

Related Correlations Analysis

	SAGCX	LGASX	LGFEX	SAPCX	LGOCX	SSMMX	WAASX	LGSCX	WACIX	WACSX
SAGCX		0.89	0.79	0.95	0.45	0.4	0.65	0.85	0.38	0.4	SAGCX
LGASX	0.89		0.91	0.95	0.71	0.68	0.87	0.95	0.64	0.66	LGASX
LGFEX	0.79	0.91		0.91	0.83	0.82	0.94	0.97	0.74	0.74	LGFEX
SAPCX	0.95	0.95	0.91		0.65	0.62	0.82	0.93	0.55	0.57	SAPCX
LGOCX	0.45	0.71	0.83	0.65		0.86	0.88	0.76	0.8	0.78	LGOCX
SSMMX	0.4	0.68	0.82	0.62	0.86		0.89	0.72	0.88	0.85	SSMMX
WAASX	0.65	0.87	0.94	0.82	0.88	0.89		0.9	0.89	0.88	WAASX
LGSCX	0.85	0.95	0.97	0.93	0.76	0.72	0.9		0.68	0.68	LGSCX
WACIX	0.38	0.64	0.74	0.55	0.8	0.88	0.89	0.68		0.99	WACIX
WACSX	0.4	0.66	0.74	0.57	0.78	0.85	0.88	0.68	0.99		WACSX
	SAGCX	LGASX	LGFEX	SAPCX	LGOCX	SSMMX	WAASX	LGSCX	WACIX	WACSX

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

Risk-Adjusted Indicators

There is a big difference between Western Mutual Fund performing well and Western 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 Western 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
SAGCX	1.15	0.10	0.10	0.12	1.03	(1.26)	1.64	(2.31)	21.32
LGASX	0.98	0.16	0.17	0.18	0.75	(1.17)	2.40	(1.56)	9.52
LGFEX	0.74	0.22	0.25	0.41	0.45	(0.88)	1.68	(1.31)	8.57
SAPCX	0.78	0.19	0.28	0.23	0.29	(1.05)	0.95	(1.15)	19.33
LGOCX	0.26	0.03	(0.05)	0.27	0.17	(0.31)	0.57	(0.47)	1.61
SSMMX	0.08	0.01	(0.31)	1.73	0.00	(0.13)	0.20	(0.13)	0.74
WAASX	0.08	0.01	(0.31)	0.53	0.00	(0.14)	0.22	(0.11)	0.44
LGSCX	0.96	0.13	0.12	0.19	0.91	(1.12)	2.14	(1.87)	8.16
WACIX	0.16	0.02	(0.19)	0.42	0.00	(0.20)	0.32	(0.22)	0.75
WACSX	0.15	0.02	(0.20)	0.39	0.00	(0.19)	0.28	(0.28)	0.75

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