Cohen Steers Correlations

CSZIX Fund

USD 18.04 0.02 0.11%

The current 90-days correlation between Cohen Steers Real and Cohen Steers Realty is 1.0 (i.e., No risk reduction). The correlation of Cohen Steers 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.

Cohen Steers Correlation With Market

Significant diversification

The correlation between Cohen Steers Real and DJI is 0.02 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Cohen Steers Real 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 Cohen Steers Real. 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 gross domestic product.

For more information on how to buy Cohen Mutual Fund please use our How to Invest in Cohen Steers guide.

Moving together with Cohen Mutual Fund

0.69	O	Realty Income	Pair Corr
0.78	FR	First Industrial Realty	Pair Corr
0.64	UK	Ucommune International	Pair Corr
0.64	WY	Weyerhaeuser Fiscal Year End 23rd of January 2025	Pair Corr
0.88	VICI	VICI Properties	Pair Corr
0.61	ELME	Elme Communities	Pair Corr

Moving against Cohen Mutual Fund

0.38	PW	Power REIT	Pair Corr
0.38	UE	Urban Edge Properties	Pair Corr
0.34	PK	Park Hotels Resorts	Pair Corr
0.32	OZ	Belpointe PREP LLC	Pair Corr
0.5	CDR-PB	Cedar Realty Trust	Pair Corr
0.47	MITT-PC	AG Mortgage Investment	Pair Corr
0.33	CDR-PC	Cedar Realty Trust	Pair Corr
0.32	EQIX	Equinix	Pair Corr

Related Correlations Analysis

	CSJIX	CSJRX	AQUI	MSTSX	LBHIX	VIASP	RRTLX	OSHDF	70082LAB3	SITKF
CSJIX		1.0	0.0	-0.15	-0.32	-0.36	-0.08	-0.38	-0.51	-0.1	CSJIX
CSJRX	1.0		0.0	-0.15	-0.32	-0.36	-0.07	-0.38	-0.52	-0.11	CSJRX
AQUI	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	0.0	AQUI
MSTSX	-0.15	-0.15	0.0		0.55	0.02	0.73	0.13	0.15	0.54	MSTSX
LBHIX	-0.32	-0.32	0.0	0.55		0.51	0.8	0.59	0.4	-0.16	LBHIX
VIASP	-0.36	-0.36	0.0	0.02	0.51		0.39	0.88	0.72	-0.25	VIASP
RRTLX	-0.08	-0.07	0.0	0.73	0.8	0.39		0.47	0.21	0.01	RRTLX
OSHDF	-0.38	-0.38	0.0	0.13	0.59	0.88	0.47		0.65	-0.22	OSHDF
70082LAB3	-0.51	-0.52	0.0	0.15	0.4	0.72	0.21	0.65		0.14	70082LAB3
SITKF	-0.1	-0.11	0.0	0.54	-0.16	-0.25	0.01	-0.22	0.14		SITKF
	CSJIX	CSJRX	AQUI	MSTSX	LBHIX	VIASP	RRTLX	OSHDF	70082LAB3	SITKF

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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

CSJRX	+ 1.0	CSJIX
OSHDF	+ 0.88	VIASP
RRTLX	+ 0.8	LBHIX
RRTLX	+ 0.73	MSTSX
70082LAB3	+ 0.72	VIASP
70082LAB3	+ 0.65	OSHDF

High negative correlations

70082LAB3	- 0.52	CSJRX
70082LAB3	- 0.51	CSJIX
OSHDF	- 0.38	CSJRX
OSHDF	- 0.38	CSJIX
VIASP	- 0.36	CSJRX
VIASP	- 0.36	CSJIX

Risk-Adjusted Indicators

There is a big difference between Cohen Mutual Fund performing well and Cohen Steers 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 Cohen Steers' 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
CSJIX	0.67	(0.09)	0.00	(3.45)	0.00	0.00	1.13	(1.60)	3.82
CSJRX	0.67	(0.09)	0.00	(3.11)	0.00	0.00	1.12	(1.59)	3.83
AQUI	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
MSTSX	0.45	(0.01)	(0.09)	0.07	0.43	(0.58)	1.21	(0.84)	2.80
LBHIX	0.10	0.00	(0.35)	0.14	0.00	(0.25)	0.24	(0.24)	0.71
VIASP	0.74	0.12	0.02	(2.24)	1.08	(0.82)	2.28	(1.20)	7.18
RRTLX	0.22	(0.01)	(0.27)	0.04	0.21	(0.25)	0.48	(0.47)	1.36
OSHDF	39.65	20.09	0.00	69.86	0.00	0.00	0.00	0.00	1,329
70082LAB3	0.66	0.09	(0.01)	(0.58)	0.95	(0.79)	1.75	(0.78)	6.86
SITKF	5.42	0.58	0.08	1.18	5.09	(8.09)	14.29	(9.09)	30.02

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