Pear Tree Correlations
QFVIX Fund | USD 27.20 0.48 1.80% |
The current 90-days correlation between Pear Tree Polaris and Edgewood Growth Fund is 0.41 (i.e., Very weak diversification). The correlation of Pear Tree 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.
Pear Tree Correlation With Market
Weak diversification
The correlation between Pear Tree Polaris and DJI is 0.39 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Pear Tree Polaris and DJI in the same portfolio, assuming nothing else is changed.
Pear |
Moving together with Pear Mutual Fund
0.94 | GEORX | Pear Tree Essex | PairCorr |
0.94 | GEOSX | Essex Environmental | PairCorr |
0.96 | USBOX | Pear Tree Quality | PairCorr |
0.89 | USBNX | Pear Tree Polaris | PairCorr |
0.89 | QBNAX | Pear Tree Polaris | PairCorr |
0.94 | EEOFX | Essex Environmental | PairCorr |
0.98 | QUSOX | Pear Tree Polaris | PairCorr |
0.98 | QUSIX | Pear Tree Polaris | PairCorr |
0.97 | QUSRX | Pear Tree Polaris | PairCorr |
1.0 | QFVOX | Pear Tree Polaris | PairCorr |
0.99 | QFVRX | Pear Tree Polaris | PairCorr |
0.96 | QGIAX | Pear Tree Quality | PairCorr |
0.97 | QISIX | Pear Tree Polaris | PairCorr |
0.97 | QISRX | Pear Tree Polaris | PairCorr |
0.97 | QISOX | Pear Tree Polaris | PairCorr |
0.99 | DOXFX | Dodge Cox International | PairCorr |
0.99 | OANIX | Oakmark International | PairCorr |
0.98 | DODFX | Dodge International Stock | PairCorr |
0.98 | OAKIX | Oakmark International | PairCorr |
0.99 | OAYIX | Oakmark International | PairCorr |
0.99 | OAZIX | Oakmark International | PairCorr |
0.98 | FINVX | Fidelity Series Inte | PairCorr |
0.98 | VTRIX | Vanguard International | PairCorr |
0.99 | RRIGX | T Rowe Price | PairCorr |
0.94 | ERH | Allspring Utilities And | PairCorr |
0.92 | WHIYX | Ivy High Income | PairCorr |
0.92 | IVHIX | Ivy High Income | PairCorr |
0.92 | IHIFX | Ivy High Income | PairCorr |
0.91 | WRHIX | Ivy High Income | PairCorr |
0.92 | WHIAX | Ivy High Income | PairCorr |
0.81 | CSJZX | Cohen Steers Realty | PairCorr |
0.79 | CSRSX | Cohen Steers Realty | PairCorr |
0.93 | ABASX | Ab Discovery Value | PairCorr |
0.97 | MXLGX | Great-west Multi-manager | PairCorr |
0.96 | NBMIX | Neuberger Berman Small | PairCorr |
0.92 | QDSNX | Aqr Diversifying Str | PairCorr |
0.77 | PIGIX | Investment Grade Porate | PairCorr |
0.79 | VILSX | Value Line Select | PairCorr |
0.91 | PFIIX | Pimco Floating Income | PairCorr |
Related Correlations Analysis
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