Emerging Markets Correlations

Mutual Funds . USA . 
Fund . Emerging Markets Equity
TEMUX Fund  USD 15.73  0.09  0.58%   
The current 90-days correlation between Emerging Markets Equity and Seafarer Overseas Growth is -0.13 (i.e., Good diversification). The correlation of Emerging Markets 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.

Emerging Markets Correlation With Market

Very weak diversification

The correlation between Emerging Markets Equity and DJI is 0.57 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Emerging Markets Equity and DJI in the same portfolio, assuming nothing else is changed.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Emerging Markets Equity. 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 employment.

Moving together with Emerging Mutual Fund

  0.89DINDX Global Fixed IncomePairCorr
  0.86DINCX Global Fixed IncomePairCorr
  0.89DINAX Global Fixed IncomePairCorr
  0.96MLMAX Global E PortfolioPairCorr
  0.96MLMCX Global E PortfolioPairCorr
  0.98MLNSX Global Centrated PorPairCorr
  0.98MLMIX Global E PortfolioPairCorr
  0.98MLMSX Global E PortfolioPairCorr
  0.97MLNCX Global Centrated PorPairCorr
  0.96MLNAX Global Centrated PorPairCorr
  0.98MLNIX Global Centrated PorPairCorr
  0.98MMCGX Mid Cap GrowthPairCorr
  0.98MMKBX Emerging Markets PorPairCorr
  1.0MMMPX Msif Emerging MarketsPairCorr
  0.95MNOPX International OpportunityPairCorr
  0.98THYUX High Yield FundPairCorr
  0.62TIFUX International FixedPairCorr
  0.95TIEUX International EquityPairCorr
  0.7TIIUX Core Fixed IncomePairCorr
  0.7TILUX Inflation Linked FixedPairCorr
  0.84MORGX Morgan Stanley MortgagePairCorr
  0.97MPAIX Advantage Portfolio ClassPairCorr
  0.98MPBAX Global StrategistPairCorr
  0.86MPFDX Corporate Bond PortfolioPairCorr
  0.98MPEGX Mid Cap GrowthPairCorr
  0.98MRGEX Msif Emerging MarketsPairCorr
  0.79MRJCX Real Assets PortfolioPairCorr
  0.81MRJAX Real Assets PortfolioPairCorr
  0.81MRJIX Real Assets PortfolioPairCorr
  0.98MRHYX Msift High YieldPairCorr
  0.81MRJSX Real Assets PortfolioPairCorr
  0.95MRNPX Msif InternationalPairCorr
  0.95MAAQX Morgan Stanley InstiPairCorr
  0.94MAAUX Morgan Stanley InstiPairCorr
  0.93MAADX Morgan Stanley InstiPairCorr
  0.93MAAOX Morgan Stanley InstiPairCorr
  0.98MADSX Msif Advantage PortPairCorr
  0.98MACGX Mid Cap GrowthPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Emerging Mutual Fund performing well and Emerging Markets 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 Emerging Markets' 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