Us Vector Correlations
DFVEX Fund | USD 28.91 0.12 0.42% |
The current 90-days correlation between Us Vector Equity and Ftfa Franklin Templeton Growth is 0.92 (i.e., Almost no diversification). The correlation of Us Vector 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.
Us Vector Correlation With Market
Almost no diversification
The correlation between Us Vector Equity and DJI is 0.92 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Us Vector Equity and DJI in the same portfolio, assuming nothing else is changed.
DFVEX |
Moving together with DFVEX Mutual Fund
0.93 | DIHRX | Intal High Relative | PairCorr |
0.65 | DIPSX | Dfa Inflation Protected | PairCorr |
0.9 | DFUKX | United Kingdom Small | PairCorr |
0.96 | TDIFX | Dimensional Retirement | PairCorr |
0.99 | VMVAX | Vanguard Mid Cap | PairCorr |
0.98 | JVMAX | John Hancock Disciplined | PairCorr |
1.0 | JVMIX | John Hancock Disciplined | PairCorr |
0.99 | VMVIX | Vanguard Mid Cap | PairCorr |
0.97 | JMVZX | Jpmorgan Mid Cap | PairCorr |
0.97 | JMVRX | Jpmorgan Mid Cap | PairCorr |
0.97 | JMVQX | Jpmorgan Mid Cap | PairCorr |
0.97 | JMVYX | Jpmorgan Mid Cap | PairCorr |
0.97 | JMVPX | Jpmorgan Mid Cap | PairCorr |
0.94 | VETAX | Victory Sycamore Est | PairCorr |
0.94 | PFN | Pimco Income Strategy | PairCorr |
0.94 | CIF | Mfs Intermediate High | PairCorr |
0.92 | PCF | Putnam High Income | PairCorr |
0.98 | FEFAX | First Eagle Fund | PairCorr |
0.99 | QNTAX | Quantex Fund Adviser | PairCorr |
0.97 | GEMEX | Gmo Emerging Markets | PairCorr |
0.97 | AMFFX | American Mutual | PairCorr |
0.93 | VMSSX | Virtus Multi Sector | PairCorr |
0.99 | BDBKX | Blackrock Small Cap | PairCorr |
0.98 | JGSRX | John Hancock Global | PairCorr |
0.99 | FDMLX | Fidelity Series Intrinsic | PairCorr |
0.64 | ACGCX | Income Growth | PairCorr |
0.96 | VWILX | Vanguard International | PairCorr |
0.99 | PARIX | T Rowe Price | PairCorr |
0.97 | FUNCX | Pioneer Fundamental | PairCorr |
0.99 | GDV | Gabelli Dividend Income | PairCorr |
0.96 | CWSIX | Chartwell Small Cap | PairCorr |
Moving against DFVEX Mutual Fund
0.58 | XDSMX | Dreyfus Strategic | PairCorr |
0.31 | XNXJX | Nuveen New Jersey | PairCorr |
0.65 | XNBHX | Neuberger Berman Int | PairCorr |
Related Correlations Analysis
0.99 | 0.97 | 1.0 | 0.96 | 0.98 | FGTZX | ||
0.99 | 0.98 | 0.99 | 0.97 | 0.99 | OWLSX | ||
0.97 | 0.98 | 0.97 | 0.96 | 0.98 | MHEFX | ||
1.0 | 0.99 | 0.97 | 0.97 | 0.98 | SMYIX | ||
0.96 | 0.97 | 0.96 | 0.97 | 0.97 | BXFIX | ||
0.98 | 0.99 | 0.98 | 0.98 | 0.97 | TFAGX | ||
Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between DFVEX Mutual Fund performing well and Us Vector 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 Us Vector'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
FGTZX | 0.39 | 0.08 | 0.02 | 0.32 | 0.00 | 1.24 | 3.24 | |||
OWLSX | 0.45 | 0.28 | 0.13 | (4.22) | 0.00 | 1.45 | 3.37 | |||
MHEFX | 0.48 | 0.26 | 0.09 | (13.04) | 0.00 | 1.04 | 5.99 | |||
SMYIX | 0.49 | 0.11 | 0.09 | 0.34 | 0.00 | 1.49 | 3.63 | |||
BXFIX | 0.10 | 0.04 | (1.25) | 1.63 | 0.00 | 0.48 | 0.82 | |||
TFAGX | 0.64 | 0.36 | 0.19 | (2.30) | 0.00 | 2.02 | 5.07 |