Dimensional International Correlations

DFAI Etf

USD 31.14 0.03 0.1%

The current 90-days correlation between Dimensional International and Dimensional Core Equity is 0.69 (i.e., Poor diversification). The correlation of Dimensional International 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.

Dimensional International Correlation With Market

Very weak diversification

The correlation between Dimensional International Core and DJI is 0.47 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Dimensional International Core 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 Dimensional International Core. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation.

Moving together with Dimensional Etf

1.0	VEA	Vanguard FTSE Developed	Pair Corr
1.0	IEFA	iShares Core MSCI Sell-off Trend	Pair Corr
0.99	VEU	Vanguard FTSE All Sell-off Trend	Pair Corr
1.0	EFA	iShares MSCI EAFE	Pair Corr
0.99	IXUS	iShares Core MSCI Sell-off Trend	Pair Corr
0.96	SPDW	SPDR SP World	Pair Corr
1.0	IDEV	iShares Core MSCI	Pair Corr
1.0	ESGD	iShares ESG Aware	Pair Corr
0.99	JIRE	JP Morgan Exchange	Pair Corr
0.98	DFAX	Dimensional World	Pair Corr
0.67	SPY	SPDR SP 500	Pair Corr
0.67	IVV	iShares Core SP	Pair Corr
0.72	BND	Vanguard Total Bond	Pair Corr
0.71	VTV	Vanguard Value Index	Pair Corr
0.9	DBEF	Xtrackers MSCI EAFE	Pair Corr
0.76	AIQ	Global X Artificial	Pair Corr
0.86	CQQQ	Invesco China Technology	Pair Corr
0.71	RXI	iShares Global Consumer	Pair Corr
0.9	T	ATT Inc Aggressive Push	Pair Corr
0.86	IBM	International Business Sell-off Trend	Pair Corr
0.76	JPM	JPMorgan Chase	Pair Corr
0.82	JNJ	Johnson Johnson	Pair Corr
0.74	MMM	3M Company	Pair Corr
0.72	MCD	McDonalds	Pair Corr
0.82	GE	GE Aerospace	Pair Corr
0.79	KO	Coca Cola	Pair Corr

Moving against Dimensional Etf

0.74	MRK	Merck Company Aggressive Push	Pair Corr
0.41	MSFT	Microsoft	Pair Corr

Related Correlations Analysis

	DFAU	DFAE	DFAT	DFAS	DFAC
DFAU		0.59	0.7	0.73	0.95	DFAU
DFAE	0.59		0.18	0.18	0.5	DFAE
DFAT	0.7	0.18		0.99	0.88	DFAT
DFAS	0.73	0.18	0.99		0.88	DFAS
DFAC	0.95	0.5	0.88	0.88		DFAC
	DFAU	DFAE	DFAT	DFAS	DFAC

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Dimensional International Constituents Risk-Adjusted Indicators

There is a big difference between Dimensional Etf performing well and Dimensional International ETF 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 Dimensional International'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
DFAU	0.63	0.00	0.00	(0.03)	0.00	0.00	1.14	(1.54)	3.86
DFAE	0.65	0.00	0.02	(0.02)	0.94	(0.61)	1.24	(1.82)	4.12
DFAT	0.71	(0.10)	0.00	(0.15)	0.00	0.00	1.51	(1.71)	5.57
DFAS	0.73	(0.10)	0.00	(0.14)	0.00	0.00	1.61	(1.40)	5.61
DFAC	0.59	(0.02)	0.00	(0.06)	0.00	0.00	1.07	(1.37)	3.65

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