Us E Correlations

DFQTX Fund

USD 40.61 0.19 0.47%

The current 90-days correlation between Us E Equity and Vanguard Total Stock is 0.98 (i.e., Almost no diversification). The correlation of Us E 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 E Correlation With Market

Almost no diversification

The correlation between Us E Equity and DJI is 0.92 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Us E Equity and DJI in the same portfolio, assuming nothing else is changed.

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Us E 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 estimate.

Moving together with DFQTX Mutual Fund

1.0	DFEOX	Us E Equity	Pair Corr
0.95	DFFVX	Us Targeted Value	Pair Corr
0.93	DFSVX	Us Small Cap	Pair Corr
1.0	DFSIX	Dfa Sustainability Core	Pair Corr
0.99	DFVEX	Us Vector Equity	Pair Corr
1.0	VTSAX	Vanguard Total Stock	Pair Corr
0.99	VFIAX	Vanguard 500 Index	Pair Corr
1.0	VTSMX	Vanguard Total Stock	Pair Corr
1.0	VITSX	Vanguard Total Stock	Pair Corr
1.0	VSMPX	Vanguard Total Stock	Pair Corr
1.0	VSTSX	Vanguard Total Stock	Pair Corr
0.99	VFINX	Vanguard 500 Index	Pair Corr
0.99	VFFSX	Vanguard 500 Index	Pair Corr
0.99	VINIX	Vanguard Institutional	Pair Corr
0.99	VIIIX	Vanguard Institutional	Pair Corr
0.92	LSHUX	Horizon Spin Off Steady Growth	Pair Corr
0.92	LSHCX	Horizon Spin Off Steady Growth	Pair Corr
0.87	OSPPX	Oppenheimer Steelpath Mlp	Pair Corr
0.87	SPMPX	Invesco Steelpath Mlp	Pair Corr
0.92	LSHEX	Kinetics Spin Off Steady Growth	Pair Corr
0.87	SPMJX	Invesco Steelpath Mlp	Pair Corr
0.92	KNPCX	Kinetics Paradigm Steady Growth	Pair Corr
0.92	LSHAX	Horizon Spin Off Steady Growth	Pair Corr
0.92	WWNPX	Kinetics Paradigm Steady Growth	Pair Corr
0.92	KNPYX	Kinetics Paradigm Steady Growth	Pair Corr
0.96	CII	Blackrock Enhanced	Pair Corr
0.91	BDJ	Blackrock Enhanced Equity	Pair Corr
0.97	AXP	American Express Fiscal Year End 24th of January 2025	Pair Corr
0.75	T	ATT Inc Fiscal Year End 22nd of January 2025	Pair Corr
0.89	INTC	Intel Fiscal Year End 23rd of January 2025	Pair Corr

Moving against DFQTX Mutual Fund

0.59	DIHRX	Intal High Relative	Pair Corr
0.52	DFSPX	Dfa Intl Sustainability	Pair Corr
0.43	DFGEX	Dfa Global Real	Pair Corr
0.38	DISVX	Dfa International Small	Pair Corr
0.8	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.8	JNJ	Johnson Johnson Sell-off Trend	Pair Corr
0.68	PFE	Pfizer Inc Aggressive Push	Pair Corr
0.64	BA	Boeing Fiscal Year End 29th of January 2025	Pair Corr

Related Correlations Analysis

	VTSAX	VFIAX	VTSMX	VITSX	VSMPX	VSTSX	VFINX	VFFSX	VINIX	VIIIX
VTSAX		1.0	1.0	1.0	1.0	1.0	1.0	1.0	1.0	1.0	VTSAX
VFIAX	1.0		1.0	1.0	1.0	1.0	1.0	1.0	1.0	1.0	VFIAX
VTSMX	1.0	1.0		1.0	1.0	1.0	1.0	1.0	1.0	1.0	VTSMX
VITSX	1.0	1.0	1.0		1.0	1.0	1.0	1.0	1.0	1.0	VITSX
VSMPX	1.0	1.0	1.0	1.0		1.0	1.0	1.0	1.0	1.0	VSMPX
VSTSX	1.0	1.0	1.0	1.0	1.0		1.0	1.0	1.0	1.0	VSTSX
VFINX	1.0	1.0	1.0	1.0	1.0	1.0		1.0	1.0	1.0	VFINX
VFFSX	1.0	1.0	1.0	1.0	1.0	1.0	1.0		1.0	1.0	VFFSX
VINIX	1.0	1.0	1.0	1.0	1.0	1.0	1.0	1.0		1.0	VINIX
VIIIX	1.0	1.0	1.0	1.0	1.0	1.0	1.0	1.0	1.0		VIIIX
	VTSAX	VFIAX	VTSMX	VITSX	VSMPX	VSTSX	VFINX	VFFSX	VINIX	VIIIX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

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

Risk-Adjusted Indicators

There is a big difference between DFQTX Mutual Fund performing well and Us E 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 Us E'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
VTSAX	0.57	0.01	0.00	0.14	0.65	(0.61)	1.10	(1.31)	4.11
VFIAX	0.55	0.01	(0.02)	0.14	0.65	(0.56)	1.17	(1.31)	3.84
VTSMX	0.56	0.01	0.00	0.14	0.65	(0.61)	1.10	(1.31)	4.11
VITSX	0.57	0.01	0.00	0.14	0.65	(0.61)	1.10	(1.31)	4.11
VSMPX	0.57	0.01	0.00	0.14	0.65	(0.61)	1.10	(1.30)	4.11
VSTSX	0.57	0.01	0.00	0.14	0.65	(0.61)	1.10	(1.31)	4.11
VFINX	0.55	0.01	(0.02)	0.14	0.65	(0.57)	1.17	(1.31)	3.84
VFFSX	0.55	0.01	(0.02)	0.14	0.65	(0.56)	1.17	(1.31)	3.84
VINIX	0.55	0.01	(0.02)	0.14	0.65	(0.56)	1.17	(1.31)	3.84
VIIIX	0.55	0.01	(0.02)	0.14	0.65	(0.56)	1.17	(1.31)	3.84

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