Gateway Fund Correlations

Mutual Funds . USA . 
Fund . Gateway Fund Class
GTECX Fund  USD 47.49  0.02  0.04%   
The current 90-days correlation between Gateway Fund Class and Guggenheim Managed Futures is 0.11 (i.e., Average diversification). The correlation of Gateway Fund 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.

Gateway Fund Correlation With Market

Good diversification

The correlation between Gateway Fund Class and DJI is -0.2 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Gateway Fund Class and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gateway Fund Class. 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 main economic indicators.

Moving together with Gateway Mutual Fund

  0.98GCPAX Gateway Equity CallPairCorr
  0.98GCPNX Gateway Equity CallPairCorr
  1.0LGRRX Loomis Sayles GrowthPairCorr
  0.98VNVNX Vaughan Nelson ValuePairCorr
  0.92LIGYX Loomis Sayles InternPairCorr
  0.83NRCFX Aew Real EstatePairCorr
  0.92NSFDX Natixis SustainablePairCorr
  0.96ESGCX Mirova Global SustainablePairCorr
  0.97ESGYX Mirova Global SustainablePairCorr
  0.92NECZX Loomis Sayles StrategicPairCorr
  0.69NECLX Loomis Sayles LimitedPairCorr
  0.93NEFJX Vaughan Nelson SmallPairCorr
  0.96NEFOX Natixis OakmarkPairCorr
  1.0NEFSX Natixis Equity OpporPairCorr
  0.93NEFZX Loomis Sayles StrategicPairCorr
  0.98NESYX Natixis Equity OpporPairCorr
  0.99LSGRX Loomis Sayles GrowthPairCorr
  0.99GAFAX Asg Global AlternativesPairCorr
  1.0GATEX Gateway Fund ClassPairCorr
  0.99GTENX Gateway Fund ClassPairCorr
  0.99GTEYX Gateway Fund ClassPairCorr
  0.98JHQCX Jpmorgan Hedged EquityPairCorr
  0.98JHEQX Jpmorgan Hedged EquityPairCorr
  1.0JHQAX Jpmorgan Hedged EquityPairCorr
  0.98JHDCX Jpmorgan Hedged EquityPairCorr
  0.98JHDRX Jpmorgan Hedged EquityPairCorr
  0.98JHDAX Jpmorgan Hedged EquityPairCorr
  0.64NHS Neuberger Berman HighPairCorr
  0.98BDBPX Ishares Russell 2000PairCorr
  0.98VTHRX Vanguard Target RetiPairCorr
  0.97VWIGX Vanguard InternationalPairCorr
  0.96BERBX Carillon Chartwell MidPairCorr
  0.99TRROX T Rowe PricePairCorr
  0.97FBDTX American Funds 2025PairCorr
  0.97VEMIX Vanguard Emerging MarketsPairCorr
  0.98SMVTX Ridgeworth Ceredex MidPairCorr
  0.98CAEIX Calvert Global EnergyPairCorr

Moving against Gateway Mutual Fund

  0.34AMFAX Asg Managed FuturesPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

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

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