Dfa International Correlations

DFVQX Fund

USD 14.90 0.09 0.61%

The current 90-days correlation between Dfa International Vector and Intermediate Bond Fund is 0.26 (i.e., Modest diversification). The correlation of Dfa 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. If the correlation is 0, the equities are not correlated; they are entirely random.

Dfa International Correlation With Market

Significant diversification

The correlation between Dfa International Vector and DJI is 0.03 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Dfa International Vector 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 Dfa International Vector. 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 producer price index.

Moving together with Dfa Mutual Fund

0.93	DIHRX	Intal High Relative	Pair Corr
0.72	DILRX	Dfa International	Pair Corr
0.66	DIPSX	Dfa Inflation Protected	Pair Corr
0.63	DISVX	Dfa International Small	Pair Corr
0.66	DISMX	Dfa International	Pair Corr
0.94	DMREX	Dfa Municipal Real	Pair Corr
0.63	DRIUX	Dimensional 2025 Target	Pair Corr
0.62	DRIRX	Dimensional 2020 Target	Pair Corr
0.62	DRIQX	Dimensional 2015 Target	Pair Corr
0.97	DSCLX	Dfa International Social	Pair Corr
0.69	DSFIX	Dfa Social Fixed	Pair Corr
0.71	DSSMX	Dfa Selective State	Pair Corr
0.94	DTCPX	Dfa Targeted Credit	Pair Corr
0.94	DCARX	Dfa California Municipal	Pair Corr
0.68	DFAPX	Dfa Investment Grade	Pair Corr
0.69	DFALX	Large Cap International	Pair Corr
0.94	DFAIX	Dfa Short Duration	Pair Corr
0.62	DFABX	Dfa Investment Dimensions	Pair Corr
0.64	DFAAX	Dfa Global Core	Pair Corr
0.68	DFCSX	Continental Small Pany Potential Growth	Pair Corr
0.66	DFCMX	Dfa Calfrna Shrt	Pair Corr
0.96	DWUSX	Dfa World Ex	Pair Corr

Moving against Dfa Mutual Fund

0.48	DSCGX	Dfa Small	Pair Corr
0.41	DAABX	Dfa Sustainability	Pair Corr
0.39	DUSQX	Us Lg Cap	Pair Corr

Related Correlations Analysis

	CBOEX	MSTBX	FLQTVX	ANBIX	PBNAX	WACIX	FMUUX
CBOEX		0.71	0.87	0.97	0.89	0.97	0.59	CBOEX
MSTBX	0.71		0.69	0.63	0.79	0.76	0.94	MSTBX
FLQTVX	0.87	0.69		0.88	0.98	0.9	0.58	FLQTVX
ANBIX	0.97	0.63	0.88		0.89	0.98	0.52	ANBIX
PBNAX	0.89	0.79	0.98	0.89		0.93	0.7	PBNAX
WACIX	0.97	0.76	0.9	0.98	0.93		0.67	WACIX
FMUUX	0.59	0.94	0.58	0.52	0.7	0.67		FMUUX
	CBOEX	MSTBX	FLQTVX	ANBIX	PBNAX	WACIX	FMUUX

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Risk-Adjusted Indicators

There is a big difference between Dfa Mutual Fund performing well and Dfa International 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 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
CBOEX	0.17	0.03	0.12	(0.42)	0.00	(0.21)	0.41	(0.32)	0.98
MSTBX	0.11	0.01	0.06	(0.50)	0.00	(0.15)	0.21	(0.21)	0.62
FLQTVX	0.12	0.01	0.09	0.71	0.00	(0.13)	0.24	(0.18)	0.77
ANBIX	0.15	0.04	0.20	(1.93)	0.00	(0.21)	0.39	(0.30)	0.98
PBNAX	0.22	0.02	0.08	0.49	0.11	(0.27)	0.43	(0.35)	1.22
WACIX	0.26	0.04	0.10	(0.38)	0.18	(0.31)	0.65	(0.55)	1.56
FMUUX	0.03	0.00	0.00	(0.05)	0.00	0.00	0.10	0.00	0.40

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