Emerging Markets Correlations

Mutual Funds . USA . 
Fund . Emerging Markets E
DFCEX Fund  USD 26.86  0.03  0.11%   
The current 90-days correlation between Emerging Markets E and International E Equity is -0.18 (i.e., Good diversification). The correlation of Emerging Markets 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.

Emerging Markets Correlation With Market

Very weak diversification

The correlation between Emerging Markets E and DJI is 0.49 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Emerging Markets E and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Emerging Markets E. 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 income.

Moving together with Emerging Mutual Fund

  0.74DILRX Dfa InternationalPairCorr
  0.77DISVX Dfa International SmallPairCorr
  0.97DISMX Dfa InternationalPairCorr
  0.97DMNBX Dfa Mn MunicipalPairCorr
  0.97DNYMX Dfa Ny MunicipalPairCorr
  0.89DOGMX Dfa Oregon MunicipalPairCorr
  0.99DRIIX Dimensional 2045 TargetPairCorr
  0.85DRIHX Dimensional 2040 TargetPairCorr
  0.97DRIGX Dimensional 2035 TargetPairCorr
  0.77DRIUX Dimensional 2025 TargetPairCorr
  0.7DRIRX Dimensional 2020 TargetPairCorr
  0.83DRIQX Dimensional 2015 TargetPairCorr
  0.99DRILX Dimensional 2060 TargetPairCorr
  0.74DRIKX Dimensional 2055 TargetPairCorr
  0.86DRIJX Dimensional 2050 TargetPairCorr
  0.89DAADX Dfa Emerging MarketsPairCorr
  0.81DAABX Dfa SustainabilityPairCorr
  0.77DSCGX Dfa SmallPairCorr
  0.99DSHGX Dfa Selectively HedgedPairCorr
  0.72DSSMX Dfa Selective StatePairCorr
  0.87DTCPX Dfa Targeted CreditPairCorr
  0.64DCMSX Dfa Commodity StrategyPairCorr
  0.86DUSQX Us Lg CapPairCorr
  0.84DUSLX Dfa LargePairCorr
  0.89DEMSX Emerging Markets SmallPairCorr
  0.89DESIX Emerging Markets SusPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Emerging Mutual Fund performing well and Emerging Markets 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 Emerging Markets' 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.

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
2025 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY