Dimensional International Correlations
DFAI Etf | USD 31.25 0.25 0.79% |
The current 90-days correlation between Dimensional International and Vanguard FTSE Emerging is 0.8 (i.e., Very poor diversification). The correlation of Dimensional International 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.
Dimensional International Correlation With Market
Very poor diversification
The correlation between Dimensional International Core and DJI is 0.8 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Dimensional International Core and DJI in the same portfolio, assuming nothing else is changed.
Dimensional |
Moving together with Dimensional Etf
1.0 | VEA | Vanguard FTSE Developed | PairCorr |
1.0 | IEFA | iShares Core MSCI | PairCorr |
0.97 | VEU | Vanguard FTSE All | PairCorr |
1.0 | EFA | iShares MSCI EAFE | PairCorr |
0.97 | IXUS | iShares Core MSCI | PairCorr |
1.0 | SPDW | SPDR SP World | PairCorr |
1.0 | IDEV | iShares Core MSCI | PairCorr |
1.0 | ESGD | iShares ESG Aware | PairCorr |
0.97 | DFAX | Dimensional World | PairCorr |
0.98 | IQLT | iShares MSCI Intl | PairCorr |
0.69 | GREI | Goldman Sachs Future | PairCorr |
0.7 | DHF | BNY Mellon High | PairCorr |
0.73 | FNTC | Direxion | PairCorr |
0.92 | ARP | Advisors Inner Circle | PairCorr |
0.61 | PXMV | Invesco SP MidCap | PairCorr |
0.72 | IGA | Voya Global Advantage | PairCorr |
0.64 | T | ATT Inc Aggressive Push | PairCorr |
0.89 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
0.91 | CSCO | Cisco Systems | PairCorr |
0.8 | HD | Home Depot | PairCorr |
0.84 | WMT | Walmart | PairCorr |
0.71 | GE | GE Aerospace Fiscal Year End 28th of January 2025 | PairCorr |
0.76 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
0.81 | DD | Dupont De Nemours Fiscal Year End 4th of February 2025 | PairCorr |
Moving against Dimensional Etf
0.43 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
Related Correlations Analysis
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Dimensional International Constituents Risk-Adjusted Indicators
There is a big difference between Dimensional Etf performing well and Dimensional International ETF 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 Dimensional International'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
VWO | 0.87 | 0.06 | 0.05 | 0.17 | 0.90 | 2.10 | 4.69 | |||
VB | 0.95 | (0.01) | 0.02 | 0.09 | 1.15 | 2.26 | 5.60 | |||
VTV | 0.54 | 0.04 | 0.03 | 0.14 | 0.58 | 1.17 | 3.67 | |||
VBR | 0.92 | 0.01 | 0.03 | 0.10 | 1.07 | 2.01 | 5.82 | |||
VNQ | 0.65 | 0.15 | 0.16 | 0.33 | 0.50 | 1.74 | 5.73 |