Us Government Correlations
UGSDX Fund | USD 1.95 0.00 0.00% |
The current 90-days correlation between Us Government Securities and Goldman Sachs Small is 0.13 (i.e., Average diversification). The correlation of Us Government 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.
Us Government Correlation With Market
Significant diversification
The correlation between Us Government Securities and DJI is 0.07 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Us Government Securities and DJI in the same portfolio, assuming nothing else is changed.
UGSDX |
Moving together with UGSDX Mutual Fund
0.65 | UNWPX | World Precious Minerals | PairCorr |
0.74 | NEARX | Near Term Tax | PairCorr |
0.86 | USLUX | Us Global Investors | PairCorr |
0.79 | PSPFX | Global Resources | PairCorr |
0.89 | PTSPX | Pimco Short Term | PairCorr |
0.9 | PTSHX | Short Term Fund | PairCorr |
0.92 | PSFAX | Short Term Fund | PairCorr |
0.87 | PTSRX | Short Term Fund | PairCorr |
0.89 | PSDNX | Putnam Ultra Short | PairCorr |
0.88 | LUSNX | Lord Abbett Ultra | PairCorr |
0.85 | VUBFX | Vanguard Ultra-short-term | PairCorr |
0.9 | PSDRX | Putnam Short Duration | PairCorr |
0.91 | PSDYX | Putnam Short Duration | PairCorr |
0.87 | FTYPX | Fidelity Freedom Index | PairCorr |
0.87 | FFBTX | Fidelity Freedom Blend | PairCorr |
0.74 | GAAVX | Gmo Alternative Allo | PairCorr |
0.89 | GCAVX | Gmo Small Cap | PairCorr |
0.88 | GQLOX | Gmo Quality Fund | PairCorr |
0.86 | GHVIX | Gmo High Yield | PairCorr |
0.89 | GMCQX | Gmo Equity Allocation | PairCorr |
0.77 | CIHCX | Cullen International High | PairCorr |
0.89 | GATAX | Gabelli Asset | PairCorr |
0.9 | BMCIX | Blackrock High Equity | PairCorr |
0.88 | SECYX | Sdit Ultra Short | PairCorr |
0.88 | JGLTX | Global Technology | PairCorr |
0.87 | HGOAX | Hartford Growth | PairCorr |
0.89 | CUSOX | Columbia Ultra Short | PairCorr |
0.86 | AZMIX | Allianzgi Nfj Emerging | PairCorr |
0.85 | FLIPX | Fidelity Freedom Index | PairCorr |
0.87 | GMNAX | Gabelli Global Mini | PairCorr |
0.88 | MURQX | Mutual Of America | PairCorr |
0.85 | BISRX | Brandes International | PairCorr |
0.88 | VFIAX | Vanguard 500 Index | PairCorr |
0.87 | KAGIX | Kensington Dynamic Growth | PairCorr |
0.8 | SMINX | Simt Tax Managed | PairCorr |
0.86 | HUSEX | Huber Capital Small | PairCorr |
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