Large Cap Correlations

Mutual Funds . USA . 
Fund . Large Cap Core
GTLIX Fund  USD 20.94  0.07  0.34%   
The current 90-days correlation between Large Cap Core and Large Cap E is 1.0 (i.e., No risk reduction). The correlation of Large Cap 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.

Large Cap Correlation With Market

Almost no diversification

The correlation between Large Cap Core and DJI is 0.94 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Large Cap Core 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 Large Cap Core. 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 gross domestic product.

Moving together with Large Mutual Fund

  0.94NOVIX Glenmede InternationalPairCorr
  0.96GEQIX Equity Income PortfolioPairCorr
  1.0GWILX Woman In LeadershipPairCorr
  0.99RESGX Responsible Esg EquityPairCorr
  0.9GLSOX Secured Options PortfolioPairCorr
  0.94GQLVX Quantitative U SPairCorr
  0.94GQSCX Quantitative U SPairCorr
  0.86GTAPX Long/short PortfolioPairCorr
  0.96GTCEX Strategic Equity PorPairCorr
  0.89GTCIX International PortfolioPairCorr
  0.97GTCSX Small Cap EquityPairCorr
  0.98GTILX Large Cap GrowthPairCorr
  0.98GTLLX Large Cap GrowthPairCorr
  1.0GTLOX Large Cap EPairCorr
  0.86GTLSX Quantitative LongshortPairCorr
  0.9GTSOX Secured Options PortfolioPairCorr
  0.97GTSCX Small Cap EquityPairCorr
  0.97GTTMX Total Market PortfolioPairCorr
  0.94VVIAX Vanguard Value IndexPairCorr
  0.96DOXGX Dodge Cox StockPairCorr
  0.91AFMFX American MutualPairCorr
  0.94FFMMX American Funds AmericanPairCorr
  0.94FFFMX American Funds AmericanPairCorr
  0.92AMRMX American MutualPairCorr
  0.92AMFFX American MutualPairCorr
  0.92AMFCX American MutualPairCorr
  0.96DODGX Dodge Stock FundPairCorr
  0.94VIVAX Vanguard Value IndexPairCorr
  0.9CPAYX Columbia Pacific/asiaPairCorr
  0.9CASAX Columbia PacificasiaPairCorr
  0.7CCCZX Center St BrookfieldPairCorr
  0.92CASCX Columbia PacificasiaPairCorr
  0.92MGHRX Morgan Stanley InstiPairCorr
  0.92MSEQX Growth Portfolio ClassPairCorr
  0.93MSHLX Growth Portfolio ClassPairCorr
  0.96ICSIX Dynamic OpportunityPairCorr
  0.95SPMIX Sp Midcap IndexPairCorr
  0.96CAMSX Cambiar Small CapPairCorr
  0.92VCIEX International EquitiesPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Large Mutual Fund performing well and Large Cap 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 Large Cap'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