Wilshire 5000 Correlations

WFIVX Fund

USD 34.11 0.17 0.50%

The current 90-days correlation between Wilshire 5000 Index and Wilshire 5000 Index is 0.18 (i.e., Average diversification). The correlation of Wilshire 5000 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.

Wilshire 5000 Correlation With Market

Weak diversification

The correlation between Wilshire 5000 Index and DJI is 0.34 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Wilshire 5000 Index 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 Wilshire 5000 Index. 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 real.

Moving together with Wilshire Mutual Fund

0.89	WSMGX	Small Pany Growth	Pair Corr
0.76	WSMVX	Small Pany Value	Pair Corr
0.72	WIORX	Wilshire Income Opport	Pair Corr
0.65	WIOPX	Wilshire Income Opport	Pair Corr
0.87	WINDX	Wilshire 5000 Index	Pair Corr
0.76	WLCGX	Large Pany Growth	Pair Corr
0.71	WLCVX	Large Pany Value	Pair Corr
0.8	DTLGX	Wilshire Large	Pair Corr
0.71	DTLVX	Large Pany Value	Pair Corr
0.75	DTSVX	Small Pany Value	Pair Corr
0.95	DTSGX	Small Pany Growth	Pair Corr
0.75	VTSAX	Vanguard Total Stock	Pair Corr
0.79	VFIAX	Vanguard 500 Index	Pair Corr
0.75	VTSMX	Vanguard Total Stock	Pair Corr
0.83	VITSX	Vanguard Total Stock	Pair Corr
0.83	VSMPX	Vanguard Total Stock	Pair Corr
0.75	VSTSX	Vanguard Total Stock	Pair Corr
0.7	VFINX	Vanguard 500 Index	Pair Corr
0.7	VFFSX	Vanguard 500 Index	Pair Corr
0.86	VINIX	Vanguard Institutional	Pair Corr
0.86	VIIIX	Vanguard Institutional	Pair Corr
0.91	FTYPX	Fidelity Freedom Index	Pair Corr
0.91	FFBTX	Fidelity Freedom Blend	Pair Corr
0.88	GCAVX	Gmo Small Cap	Pair Corr
0.74	GQLOX	Gmo Quality Fund	Pair Corr

Moving against Wilshire Mutual Fund

0.32

UGSDX

Us Government Securities

Pair Corr

Related Correlations Analysis

	WINDX	SWTSX	VRTTX	IWV	DTLVX
WINDX		0.74	0.56	0.76	0.7	WINDX
SWTSX	0.74		0.82	0.99	0.27	SWTSX
VRTTX	0.56	0.82		0.82	0.2	VRTTX
IWV	0.76	0.99	0.82		0.3	IWV
DTLVX	0.7	0.27	0.2	0.3		DTLVX
	WINDX	SWTSX	VRTTX	IWV	DTLVX

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Risk-Adjusted Indicators

There is a big difference between Wilshire Mutual Fund performing well and Wilshire 5000 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 Wilshire 5000'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
WINDX	0.66	0.03	0.01	0.08	0.99	(0.64)	1.30	(1.52)	5.85
SWTSX	0.63	0.08	0.06	0.36	0.85	(0.64)	1.30	(1.31)	5.95
VRTTX	0.64	0.09	0.05	6.47	0.89	(0.63)	1.32	(1.54)	5.97
IWV	0.63	0.08	0.05	0.26	0.89	(0.62)	1.29	(1.33)	5.90
DTLVX	0.69	(0.07)	0.00	(0.15)	0.00	0.00	1.28	(1.59)	9.84

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