Pear Tree Correlations
USBOX Fund | USD 23.86 0.07 0.29% |
The current 90-days correlation between Pear Tree Quality and Polen Growth Fund is -0.13 (i.e., Good 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
Very poor diversification
The correlation between Pear Tree Quality and DJI is 0.89 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Pear Tree Quality and DJI in the same portfolio, assuming nothing else is changed.
Pear |
Moving together with Pear Mutual Fund
0.93 | GEORX | Pear Tree Essex | PairCorr |
0.95 | GEOSX | Essex Environmental | PairCorr |
0.94 | USBNX | Pear Tree Polaris | PairCorr |
0.95 | EEOFX | Essex Environmental | PairCorr |
0.96 | QUSOX | Pear Tree Polaris | PairCorr |
0.96 | QUSRX | Pear Tree Polaris | PairCorr |
0.95 | QFVIX | Pear Tree Polaris | PairCorr |
0.96 | QFVOX | Pear Tree Polaris | PairCorr |
0.96 | QGIAX | Pear Tree Quality | PairCorr |
0.95 | QISRX | Pear Tree Polaris | PairCorr |
0.96 | QISOX | Pear Tree Polaris | PairCorr |
0.97 | VTSAX | Vanguard Total Stock | PairCorr |
0.97 | VFIAX | Vanguard 500 Index | PairCorr |
0.97 | VTSMX | Vanguard Total Stock | PairCorr |
0.98 | VITSX | Vanguard Total Stock | PairCorr |
0.97 | VSMPX | Vanguard Total Stock | PairCorr |
0.97 | VSTSX | Vanguard Total Stock | PairCorr |
0.98 | VFINX | Vanguard 500 Index | PairCorr |
0.97 | VFFSX | Vanguard 500 Index | PairCorr |
0.98 | VINIX | Vanguard Institutional | PairCorr |
0.98 | VIIIX | Vanguard Institutional | PairCorr |
0.7 | NHS | Neuberger Berman High | PairCorr |
0.96 | OSCNX | Oppenheimer Main Street | PairCorr |
0.98 | GATCX | Gabelli Asset | PairCorr |
0.98 | AICGX | Income Growth | PairCorr |
0.99 | TRLCX | Tiaa Cref Large | PairCorr |
0.97 | ACCAX | Strategic Allocation: | PairCorr |
0.98 | TIMIX | Tiaa Cref Managed | PairCorr |
0.99 | RECIX | Rbc Emerging Markets | PairCorr |
0.95 | BMSFX | Mfs Blended Research | PairCorr |
0.99 | FAWTX | American Funds 2060 | PairCorr |
0.82 | RCPIX | Rbc Funds Trust | PairCorr |
0.91 | IPBCX | Inflation Protected | PairCorr |
0.98 | FIHBX | Federated Institutional | PairCorr |
0.9 | AIDAX | Diversified Municipal | PairCorr |
Related Correlations Analysis
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