Vy(r) T Correlations
ITRIX Fund | USD 26.35 0.11 0.42% |
The current 90-days correlation between Vy T Rowe and The National Tax Free is 0.09 (i.e., Significant diversification). The correlation of Vy(r) T 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.
Vy(r) T Correlation With Market
Very poor diversification
The correlation between Vy T Rowe and DJI is 0.87 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vy T Rowe and DJI in the same portfolio, assuming nothing else is changed.
Vy(r) |
Moving together with Vy(r) Mutual Fund
0.83 | ILMBX | Voya Limited Maturity | PairCorr |
0.81 | IMBAX | Voya Limited Maturity | PairCorr |
0.94 | IMORX | Voya Midcap Opportunities | PairCorr |
0.97 | IMOWX | Voya Midcap Opportunities | PairCorr |
0.94 | IMYCX | Voya High Yield | PairCorr |
1.0 | INGIX | Voya Stock Index | PairCorr |
0.98 | VPRAX | Voya T Rowe | PairCorr |
0.98 | VPSSX | Voya Index Solution | PairCorr |
0.98 | VPRSX | Voya Jpmorgan Small | PairCorr |
0.97 | IOGPX | Vy Oppenheimer Global | PairCorr |
0.65 | IOSAX | Voya Global Bond | PairCorr |
0.68 | IOSSX | Voya Global Bond | PairCorr |
0.97 | NAPIX | Voya Multi Manager | PairCorr |
0.97 | NARCX | Voya Multi Manager | PairCorr |
0.95 | NAWCX | Voya Global Equity | PairCorr |
0.91 | NAWGX | Voya Global Equity | PairCorr |
0.95 | NAWIX | Voya Global Equity | PairCorr |
0.97 | IPARX | Voya Global Perspectives | PairCorr |
0.98 | IPEIX | Voya Large Cap | PairCorr |
0.67 | IPIIX | Ing Intermediate Bond | PairCorr |
0.95 | IPIMX | Voya High Yield | PairCorr |
0.67 | IPISX | Voya Intermediate Bond | PairCorr |
0.94 | IPHYX | Voya High Yield | PairCorr |
0.99 | IPLIX | Voya Index Plus | PairCorr |
0.96 | IPMSX | Voya Index Plus | PairCorr |
0.64 | VREQX | Voya Real Estate | PairCorr |
0.99 | IPLSX | Voya Index Plus | PairCorr |
0.96 | IPMIX | Voya Index Plus | PairCorr |
0.98 | VRRJX | Voya Target Retirement | PairCorr |
0.98 | VRRFX | Voya Target In | PairCorr |
0.98 | VRROX | Voya Target Retirement | PairCorr |
1.0 | VRRLX | Voya Target Retirement | PairCorr |
0.98 | VRRKX | Voya Target Retirement | PairCorr |
0.99 | VRSCX | Voya Smallcap Opport | PairCorr |
0.98 | VRSAX | Voya Retirement Solution | PairCorr |
0.7 | VACFX | Voya Investment Grade | PairCorr |
0.94 | VSIRX | Voya Strategic Income | PairCorr |
0.98 | VSIPX | Voya Solution 2060 | PairCorr |
Related Correlations Analysis
0.73 | 0.82 | 0.92 | 0.92 | 0.85 | CFNLX | ||
0.73 | 0.91 | 0.67 | 0.75 | 0.91 | DLTNX | ||
0.82 | 0.91 | 0.77 | 0.82 | 0.91 | ANAGX | ||
0.92 | 0.67 | 0.77 | 0.97 | 0.8 | BXHCX | ||
0.92 | 0.75 | 0.82 | 0.97 | 0.89 | MBSAX | ||
0.85 | 0.91 | 0.91 | 0.8 | 0.89 | TAADX | ||
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Risk-Adjusted Indicators
There is a big difference between Vy(r) Mutual Fund performing well and Vy(r) T 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 Vy(r) T'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
CFNLX | 0.11 | 0.02 | (1.42) | 1.85 | 0.00 | 0.28 | 0.82 | |||
DLTNX | 0.25 | 0.01 | (0.64) | 0.47 | 0.25 | 0.46 | 1.16 | |||
ANAGX | 0.16 | 0.01 | (0.99) | 1.84 | 0.10 | 0.29 | 0.73 | |||
BXHCX | 0.15 | 0.07 | (0.77) | (3.79) | 0.00 | 0.50 | 1.02 | |||
MBSAX | 0.24 | 0.03 | (0.46) | 0.38 | 0.00 | 0.52 | 1.62 | |||
TAADX | 0.22 | 0.01 | (0.71) | 0.31 | 0.14 | 0.51 | 1.14 |