Dfa Large Correlations

DUSLX Fund

USD 35.65 0.53 1.51%

The current 90-days correlation between Dfa Large and Dfa Small is 0.95 (i.e., Almost no diversification). The correlation of Dfa Large 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.

Dfa Large Correlation With Market

Almost no diversification

The correlation between Dfa Large and DJI is 0.97 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Dfa Large 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 Dfa Large. 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 bureau of economic analysis.

Moving together with Dfa Mutual Fund

0.96	DREIX	World Core Equity	Pair Corr
0.98	DRIIX	Dimensional 2045 Target	Pair Corr
0.96	DRIHX	Dimensional 2040 Target	Pair Corr
0.9	DRIGX	Dimensional 2035 Target	Pair Corr
0.77	DRIWX	Dimensional 2030 Target	Pair Corr
0.98	DRILX	Dimensional 2060 Target	Pair Corr
0.98	DRIKX	Dimensional 2055 Target	Pair Corr
0.98	DRIJX	Dimensional 2050 Target	Pair Corr
0.83	DAADX	Dfa Emerging Markets	Pair Corr
0.9	DSCGX	Dfa Small	Pair Corr
0.96	DSHGX	Dfa Selectively Hedged	Pair Corr
0.98	DTDRX	Dimensional 2065 Target	Pair Corr
1.0	DURPX	Us High Relative	Pair Corr
0.98	DUSQX	Us Lg Cap	Pair Corr
0.62	DEMSX	Emerging Markets Small	Pair Corr

Moving against Dfa Mutual Fund

0.45	DMREX	Dfa Municipal Real	Pair Corr
0.42	DIPSX	Dfa Inflation Protected	Pair Corr
0.61	DFAIX	Dfa Short Duration	Pair Corr
0.5	DTCPX	Dfa Targeted Credit	Pair Corr
0.49	DCARX	Dfa California Municipal	Pair Corr

Related Correlations Analysis

	DSCGX	DILRX	DFLVX	DISMX	DFREX
DSCGX		0.09	0.86	0.21	0.44	DSCGX
DILRX	0.09		0.51	0.98	0.81	DILRX
DFLVX	0.86	0.51		0.6	0.79	DFLVX
DISMX	0.21	0.98	0.6		0.79	DISMX
DFREX	0.44	0.81	0.79	0.79		DFREX
	DSCGX	DILRX	DFLVX	DISMX	DFREX

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Risk-Adjusted Indicators

There is a big difference between Dfa Mutual Fund performing well and Dfa Large 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 Dfa Large'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
DSCGX	1.29	(0.09)	0.00	(0.16)	0.00	0.00	1.88	(2.93)	12.98
DILRX	0.88	0.11	0.09	0.07	1.44	(0.87)	1.89	(1.53)	7.91
DFLVX	0.98	(0.01)	0.00	(0.09)	0.00	0.00	1.42	(1.99)	10.63
DISMX	0.88	0.09	0.08	0.05	1.38	(0.90)	2.16	(1.50)	8.51
DFREX	1.08	0.01	0.00	(0.06)	0.00	0.00	1.77	(2.56)	8.10

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