Qs Us Correlations

LMTIX Fund

USD 27.66 0.05 0.18%

The current 90-days correlation between Qs Large Cap and Siit Large Cap is 0.98 (i.e., Almost no diversification). The correlation of Qs Us 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.

Qs Us Correlation With Market

Very poor diversification

The correlation between Qs Large Cap and DJI is 0.83 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Qs Large Cap and DJI in the same portfolio, assuming nothing else is changed.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Qs Large Cap. 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 LMTIX Mutual Fund

0.99	SCGCX	Qs Moderate Growth	Pair Corr
0.99	LLLRX	Qs Growth Fund	Pair Corr
0.99	LLMRX	Qs Moderate Growth	Pair Corr
0.91	LMBMX	Qs Small Capitalization	Pair Corr
0.87	LMGEX	Qs International Equity	Pair Corr
1.0	LMISX	Qs Large Cap	Pair Corr
0.98	LMLRX	Qs Defensive Growth	Pair Corr
1.0	LMUSX	Qs Large Cap	Pair Corr
0.78	LBDRX	Legg Mason Bw	Pair Corr
0.99	VTSAX	Vanguard Total Stock	Pair Corr
0.89	VFIAX	Vanguard 500 Index	Pair Corr
0.89	VTSMX	Vanguard Total Stock	Pair Corr
0.99	VITSX	Vanguard Total Stock	Pair Corr
0.89	VSMPX	Vanguard Total Stock	Pair Corr
0.89	VSTSX	Vanguard Total Stock	Pair Corr
0.98	VFINX	Vanguard 500 Index	Pair Corr
0.89	VFFSX	Vanguard 500 Index	Pair Corr
0.98	VINIX	Vanguard Institutional	Pair Corr
0.98	VIIIX	Vanguard Institutional	Pair Corr
0.9	FTCAX	Templeton Strained Bond	Pair Corr
0.76	TMBFX	Transamerica Intermediate	Pair Corr
0.87	AMFEX	Aama Equity Fund	Pair Corr
0.79	FCFAX	Frost Credit	Pair Corr
0.76	FEGOX	First Eagle Gold	Pair Corr
0.96	JEMQX	John Hancock Emerging	Pair Corr
0.79	PTIAX	Performance Trust	Pair Corr
0.87	BDJ	Blackrock Enhanced Equity	Pair Corr
0.89	PRUIX	T Rowe Price	Pair Corr
0.69	MAMBX	Mutual Of America	Pair Corr
0.98	TRRNX	T Rowe Price	Pair Corr

Moving against LMTIX Mutual Fund

0.95	USPSX	Profunds Ultrashort	Pair Corr
0.95	USPIX	Profunds Ultrashort	Pair Corr
0.55	UIPIX	Ultrashort Mid Cap	Pair Corr

Related Correlations Analysis

	LCIAX	JDVNX	LMTIX	FLRAX	TAGRX	LMUSX	TALCX
LCIAX		0.94	0.99	0.99	0.97	0.99	0.96	LCIAX
JDVNX	0.94		0.93	0.91	0.95	0.93	0.93	JDVNX
LMTIX	0.99	0.93		0.98	0.97	1.0	0.95	LMTIX
FLRAX	0.99	0.91	0.98		0.97	0.98	0.97	FLRAX
TAGRX	0.97	0.95	0.97	0.97		0.97	0.97	TAGRX
LMUSX	0.99	0.93	1.0	0.98	0.97		0.95	LMUSX
TALCX	0.96	0.93	0.95	0.97	0.97	0.95		TALCX
	LCIAX	JDVNX	LMTIX	FLRAX	TAGRX	LMUSX	TALCX

Risk-Adjusted Indicators

There is a big difference between LMTIX Mutual Fund performing well and Qs Us 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 Qs Us' 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
LCIAX	0.50	(0.01)	(0.01)	0.09	0.64	(0.51)	1.19	(1.03)	4.31
JDVNX	0.47	0.01	(0.01)	0.10	0.52	(0.51)	1.39	(0.77)	3.80
LMTIX	0.49	0.02	0.02	0.11	0.56	(0.49)	1.16	(0.89)	4.10
FLRAX	0.52	(0.01)	(0.01)	0.09	0.70	(0.52)	1.16	(0.89)	4.45
TAGRX	0.51	(0.01)	(0.02)	0.08	0.64	(0.53)	1.44	(0.93)	4.49
LMUSX	0.48	0.02	0.01	0.11	0.56	(0.50)	1.15	(0.85)	4.03
TALCX	0.44	0.02	0.01	0.12	0.35	(0.52)	1.28	(0.60)	3.42

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