Valic Company Correlations

VCBDX Fund

USD 9.83 0.06 0.61%

The current 90-days correlation between Valic Company I and Mid Cap Index is 0.13 (i.e., Average diversification). The correlation of Valic Company 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.

Valic Company Correlation With Market

Average diversification

The correlation between Valic Company I and DJI is 0.19 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Valic Company I 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 Valic Company I. 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 unemployment.

Moving together with Valic Mutual Fund

0.95	VCGSX	Government Securities	Pair Corr
0.71	VCFVX	Foreign Value Potential Growth	Pair Corr
0.66	VCIEX	International Equities	Pair Corr
0.98	VCIFX	International Government	Pair Corr
0.95	VCTPX	Inflation Protected	Pair Corr
0.72	VCSOX	Global Social Awareness	Pair Corr
0.73	VGREX	Global Real Estate	Pair Corr
0.77	VIOPX	Valic Company I	Pair Corr
0.94	MWTNX	Metropolitan West Total	Pair Corr
0.94	MWTSX	Metropolitan West Total	Pair Corr
0.96	PTTPX	Pimco Total Return	Pair Corr
0.96	PTRRX	Total Return	Pair Corr

Moving against Valic Mutual Fund

0.61	VAPPX	Valic Company I	Pair Corr
0.57	VCSTX	Science Technology	Pair Corr
0.56	VCBCX	Blue Chip Growth	Pair Corr
0.56	VCULX	Growth Fund Growth	Pair Corr
0.54	VCNIX	Nasdaq 100 Index	Pair Corr
0.53	VBCVX	Broad Cap Value	Pair Corr
0.51	VCSLX	Small Cap Index	Pair Corr
0.49	VVMCX	Valic Company I	Pair Corr
0.48	VCGAX	Growth Income	Pair Corr
0.47	VMSGX	Mid Cap Strategic	Pair Corr
0.47	VSTIX	Stock Index Fund	Pair Corr
0.47	VCIGX	Valic Company I	Pair Corr
0.46	VMIDX	Mid Cap Index	Pair Corr
0.44	VSRDX	Valic Company I	Pair Corr
0.44	VSSVX	Small Cap Special	Pair Corr
0.42	VCAAX	Asset Allocation	Pair Corr
0.39	VVSGX	Valic Company I	Pair Corr
0.48	VSTSX	Vanguard Total Stock	Pair Corr
0.48	VSMPX	Vanguard Total Stock	Pair Corr
0.47	VITSX	Vanguard Total Stock	Pair Corr
0.47	VFFSX	Vanguard 500 Index	Pair Corr
0.46	VFIAX	Vanguard 500 Index	Pair Corr
0.36	VVSCX	Valic Company I	Pair Corr

Related Correlations Analysis

	VMIDX	VMSGX	VAPPX	VSRDX	VSTIX	VSSVX	VBCVX	VCAAX	VCBDX	VCBCX
VMIDX		0.98	0.72	0.95	0.96	0.66	0.71	0.72	-0.46	0.95	VMIDX
VMSGX	0.98		0.75	0.97	0.99	0.64	0.72	0.75	-0.47	0.97	VMSGX
VAPPX	0.72	0.75		0.71	0.72	0.83	0.83	0.86	-0.61	0.78	VAPPX
VSRDX	0.95	0.97	0.71		0.99	0.55	0.67	0.73	-0.44	0.97	VSRDX
VSTIX	0.96	0.99	0.72	0.99		0.56	0.68	0.74	-0.47	0.98	VSTIX
VSSVX	0.66	0.64	0.83	0.55	0.56		0.73	0.71	-0.44	0.62	VSSVX
VBCVX	0.71	0.72	0.83	0.67	0.68	0.73		0.94	-0.53	0.71	VBCVX
VCAAX	0.72	0.75	0.86	0.73	0.74	0.71	0.94		-0.42	0.77	VCAAX
VCBDX	-0.46	-0.47	-0.61	-0.44	-0.47	-0.44	-0.53	-0.42		-0.56	VCBDX
VCBCX	0.95	0.97	0.78	0.97	0.98	0.62	0.71	0.77	-0.56		VCBCX
	VMIDX	VMSGX	VAPPX	VSRDX	VSTIX	VSSVX	VBCVX	VCAAX	VCBDX	VCBCX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Please upgrade your account to get full access to Macroaxis premium features

Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

VSTIX	+ 0.99	VMSGX
VSTIX	+ 0.99	VSRDX
VMSGX	+ 0.98	VMIDX
VCBCX	+ 0.98	VSTIX
VSRDX	+ 0.97	VMSGX
VCBCX	+ 0.97	VMSGX

High negative correlations

VCBDX	- 0.61	VAPPX
VCBCX	- 0.56	VCBDX
VCBDX	- 0.53	VBCVX
VCBDX	- 0.47	VSTIX
VCBDX	- 0.47	VMSGX
VCBDX	- 0.46	VMIDX

Risk-Adjusted Indicators

There is a big difference between Valic Mutual Fund performing well and Valic Company 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 Valic Company's 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
VMIDX	0.72	(0.01)	0.01	0.13	0.60	(0.81)	1.76	(1.19)	5.10
VMSGX	0.70	0.04	0.05	0.18	0.61	(0.79)	1.76	(1.05)	4.27
VAPPX	0.76	0.15	0.00	6.13	1.06	(0.76)	1.50	(1.52)	4.99
VSRDX	0.58	0.01	(0.02)	0.15	0.60	(0.65)	1.32	(0.92)	3.75
VSTIX	0.57	0.01	0.00	0.16	0.58	(0.64)	1.21	(0.96)	3.74
VSSVX	0.86	0.15	(0.01)	(1.09)	0.77	(1.06)	1.84	(1.23)	7.23
VBCVX	0.52	0.02	(0.02)	0.17	0.26	(0.61)	1.16	(0.88)	3.60
VCAAX	0.37	(0.01)	(0.16)	0.12	0.36	(0.45)	0.74	(0.67)	2.63
VCBDX	0.26	(0.04)	0.00	(0.32)	0.00	0.00	0.41	(0.61)	1.29
VCBCX	0.73	0.03	0.02	0.17	0.93	(0.72)	2.14	(1.51)	5.21

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

2024 Macroaxis LLC