| SEMVX Fund | | | USD 17.33 0.09 0.52% |
The current 90-days correlation between Hartford Schroders and Hartford Schroders Emerging is 1.0 (i.e., No risk reduction). The correlation of Hartford Schroders 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.
Hartford Schroders Correlation With Market
Average diversification
The correlation between Hartford Schroders Emerging and DJI is 0.19 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Hartford Schroders Emerging and DJI in the same portfolio, assuming nothing else is changed.
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