Nuveen Real Correlations

FREGX Fund

USD 15.16 0.20 1.30%

The current 90-days correlation between Nuveen Real Estate and Voya Solution Conservative is 0.06 (i.e., Significant diversification). The correlation of Nuveen Real 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.

Nuveen Real Correlation With Market

Good diversification

The correlation between Nuveen Real Estate and DJI is -0.01 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Nuveen Real Estate 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 Nuveen Real Estate. 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 price.

Moving together with Nuveen Mutual Fund

0.76	FR	First Industrial Realty	Pair Corr
0.62	WY	Weyerhaeuser	Pair Corr
0.61	AHT-PH	Ashford Hospitality Trust	Pair Corr
0.64	AHT-PF	Ashford Hospitality Trust	Pair Corr
0.63	AHT-PG	Ashford Hospitality Trust	Pair Corr
0.61	MITT-PA	AG Mortgage Investment	Pair Corr
0.69	MITT-PB	AG Mortgage Investment	Pair Corr
0.66	MITT-PC	AG Mortgage Investment	Pair Corr
0.73	WELL	Welltower	Pair Corr

Moving against Nuveen Mutual Fund

0.51	PW	Power REIT Earnings Call This Week	Pair Corr
0.43	PK	Park Hotels Resorts	Pair Corr
0.38	OZ	Belpointe PREP LLC	Pair Corr
0.43	WETH	Wetouch Technology Common	Pair Corr
0.43	ESBA	Empire State Realty	Pair Corr
0.38	ESRT	Empire State Realty	Pair Corr
0.56	WHLR	Wheeler Real Estate	Pair Corr
0.46	AAT	American Assets Trust	Pair Corr

Related Correlations Analysis

	VYRPX	DLTZX	DIFIX	FHCOX	PGBAX	GPICX	WCAFX
VYRPX		0.55	0.78	0.49	0.78	0.66	0.82	VYRPX
DLTZX	0.55		0.91	0.96	0.92	0.9	0.8	DLTZX
DIFIX	0.78	0.91		0.84	0.98	0.87	0.95	DIFIX
FHCOX	0.49	0.96	0.84		0.85	0.93	0.68	FHCOX
PGBAX	0.78	0.92	0.98	0.85		0.9	0.93	PGBAX
GPICX	0.66	0.9	0.87	0.93	0.9		0.74	GPICX
WCAFX	0.82	0.8	0.95	0.68	0.93	0.74		WCAFX
	VYRPX	DLTZX	DIFIX	FHCOX	PGBAX	GPICX	WCAFX

Click cells to compare fundamentals

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Risk-Adjusted Indicators

There is a big difference between Nuveen Mutual Fund performing well and Nuveen Real 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 Nuveen Real'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
VYRPX	0.20	0.00	0.00	(0.05)	0.00	0.00	0.48	(0.38)	1.17
DLTZX	0.08	0.01	0.46	0.67	0.00	(0.18)	0.26	(0.13)	0.64
DIFIX	0.28	0.02	0.16	0.01	0.35	(0.33)	0.58	(0.57)	1.51
FHCOX	0.05	0.01	0.00	0.92	0.00	0.00	0.10	(0.10)	0.51
PGBAX	0.14	0.01	0.40	0.13	0.07	(0.18)	0.34	(0.25)	0.85
GPICX	0.03	0.00	0.00	(0.03)	0.00	0.00	0.10	(0.10)	0.41
WCAFX	0.25	0.00	0.13	(0.05)	0.35	(0.29)	0.57	(0.46)	1.62

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