Dfa Intl Correlations

CDFPX Fund

USD 22.84 0.05 0.22%

The current 90-days correlation between Dfa Intl Core and Us Government Securities is 0.07 (i.e., Significant diversification). The correlation of Dfa Intl 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.

Dfa Intl Correlation With Market

Very weak diversification

The correlation between Dfa Intl Core and DJI is 0.5 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Dfa Intl Core and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Dfa Intl Core. 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 american community survey.

Moving together with Dfa Mutual Fund

0.68	VGTSX	Vanguard Total Inter	Pair Corr
0.99	VTIAX	Vanguard Total Inter	Pair Corr
0.85	NHS	Neuberger Berman High	Pair Corr
0.65	FPTKX	Fidelity Freedom 2015	Pair Corr
0.89	NWHMX	Nationwide Bailard	Pair Corr
0.91	UUPIX	Ultraemerging Markets	Pair Corr
0.65	OSCIX	Oppenheimer Intl Small	Pair Corr
0.88	JMKIX	Emerging Markets Debt	Pair Corr
0.78	CFWAX	Calvert Global Water	Pair Corr
0.87	GIBLX	Guggenheim Total Return	Pair Corr
0.74	SHYAX	Simt High Yield	Pair Corr
0.83	QGMNX	Aqr Global Macro	Pair Corr
0.68	PACEX	T Rowe Price	Pair Corr
0.97	VGPMX	Vanguard Global Capital	Pair Corr
0.91	VIITX	Vanguard Institutional	Pair Corr
0.81	BLSIX	Blackrock Emerging	Pair Corr
0.98	IAFEX	Fisher All Foreign	Pair Corr
0.76	AIDYX	Diversified Municipal	Pair Corr
0.87	REEAX	Rbc Emerging Markets	Pair Corr
0.89	MBOYX	Madison E Bond	Pair Corr
0.84	VEMBX	Vanguard Emerging Markets	Pair Corr
0.78	DBLGX	Doubleline Global Bond	Pair Corr
0.89	UBPSX	Ultralatin America Steady Growth	Pair Corr
0.9	PEBIX	Emerging Markets Bond	Pair Corr
0.8	MWLIX	Metropolitan West Low	Pair Corr
0.81	UIINX	Income Fund Income	Pair Corr
0.81	BMOAX	Blackrock Bond Index	Pair Corr
0.87	TGROX	Tiaa Cref Green	Pair Corr

Moving against Dfa Mutual Fund

0.39	VTSAX	Vanguard Total Stock	Pair Corr
0.39	VTSMX	Vanguard Total Stock	Pair Corr
0.38	VITSX	Vanguard Total Stock	Pair Corr
0.38	VSTSX	Vanguard Total Stock	Pair Corr
0.38	VSMPX	Vanguard Total Stock	Pair Corr
0.36	VFIAX	Vanguard 500 Index	Pair Corr
0.35	VFINX	Vanguard 500 Index	Pair Corr
0.35	VFFSX	Vanguard 500 Index	Pair Corr
0.38	MLXCX	Catalyst Mlp Infrast Steady Growth	Pair Corr

Related Correlations Analysis

	CGTFX	DNCGX	BIGLX	SSAGX	RFBAX	RGVEX	USGFX	MXDQX
CGTFX		0.97	0.99	0.89	0.94	0.96	1.0	0.99	CGTFX
DNCGX	0.97		0.99	0.83	0.9	0.94	0.97	0.99	DNCGX
BIGLX	0.99	0.99		0.86	0.92	0.96	0.99	0.99	BIGLX
SSAGX	0.89	0.83	0.86		0.97	0.88	0.9	0.86	SSAGX
RFBAX	0.94	0.9	0.92	0.97		0.93	0.94	0.92	RFBAX
RGVEX	0.96	0.94	0.96	0.88	0.93		0.97	0.96	RGVEX
USGFX	1.0	0.97	0.99	0.9	0.94	0.97		0.99	USGFX
MXDQX	0.99	0.99	0.99	0.86	0.92	0.96	0.99		MXDQX
	CGTFX	DNCGX	BIGLX	SSAGX	RFBAX	RGVEX	USGFX	MXDQX

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Risk-Adjusted Indicators

There is a big difference between Dfa Mutual Fund performing well and Dfa Intl 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 Dfa Intl'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
CGTFX	0.25	0.02	0.28	0.51	0.24	(0.29)	0.60	(0.43)	1.55
DNCGX	0.21	0.01	0.31	0.26	0.20	(0.23)	0.48	(0.40)	1.22
BIGLX	0.26	0.02	0.23	0.34	0.26	(0.31)	0.56	(0.54)	1.58
SSAGX	0.06	0.01	0.76	(0.91)	0.00	(0.16)	0.10	(0.10)	0.51
RFBAX	0.09	0.01	0.40	(1.78)	0.00	(0.24)	0.20	(0.20)	0.59
RGVEX	0.25	0.01	0.26	(0.25)	0.24	(0.31)	0.51	(0.42)	1.38
USGFX	0.25	0.02	0.29	0.72	0.23	(0.31)	0.51	(0.43)	1.55
MXDQX	0.22	0.02	0.28	0.50	0.19	(0.28)	0.50	(0.38)	1.26

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