Smead Funds Correlations

Mutual Funds . USA . 
Fund . Smead Funds Trust
SVXAX Fund  USD 55.82  0.52  0.94%   
The current 90-days correlation between Smead Funds Trust and Smead Value Fund is -0.06 (i.e., Good diversification). The correlation of Smead Funds 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.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Smead Funds Trust. 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 nation.

Moving together with Smead Mutual Fund

  1.0SVXYX Smead International ValuePairCorr
  1.0SVXLX Smead Funds TrustPairCorr
  0.85DOXFX Dodge Cox InternationalPairCorr
  0.76OANIX Oakmark InternationalPairCorr
  0.79DODFX Dodge International StockPairCorr
  0.69OAKIX Oakmark InternationalPairCorr
  0.76OAYIX Oakmark InternationalPairCorr
  0.76OAZIX Oakmark InternationalPairCorr
  0.65FINVX Fidelity Series IntePairCorr
  0.83VTRIX Vanguard InternationalPairCorr
  0.76RRIGX T Rowe PricePairCorr
  0.73VGTSX Vanguard Total InterPairCorr
  0.73VTIAX Vanguard Total InterPairCorr

Moving against Smead Mutual Fund

  0.43VTSAX Vanguard Total StockPairCorr
  0.4VFIAX Vanguard 500 IndexPairCorr
  0.63BTCVX Cboe Vest BitcoinPairCorr
  0.43VTSMX Vanguard Total StockPairCorr
  0.43VSMPX Vanguard Total StockPairCorr
  0.43VSTSX Vanguard Total StockPairCorr
  0.43VITSX Vanguard Total StockPairCorr
  0.43FZROX Fidelity Zero TotalPairCorr
  0.41VFFSX Vanguard 500 IndexPairCorr
  0.4VFINX Vanguard 500 IndexPairCorr
  0.38ELFNX Elfun Trusts ElfunPairCorr
  0.37FIVUX First Investors OppoPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Smead Mutual Fund performing well and Smead Funds 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 Smead Funds' 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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
SVFAX  0.61 (0.06)(0.11) 0.03  0.76 
(0.66)
 1.16 
(1.29)
 3.61 
SVFCX  0.61 (0.06)(0.12) 0.03  0.76 
(0.66)
 1.16 
(1.31)
 3.62 
SVFKX  0.61 (0.06)(0.12) 0.03  0.76 
(0.66)
 1.16 
(1.30)
 3.62 
SVFDX  0.62 (0.06)(0.12) 0.03  0.76 
(0.67)
 1.16 
(1.29)
 3.62 
SVFFX  0.61 (0.05)(0.11) 0.03  0.75 
(0.66)
 1.16 
(1.30)
 3.62 
SVFYX  0.61 (0.06)(0.11) 0.03  0.76 
(0.66)
 1.16 
(1.30)
 3.61 
SVXCX  0.75 (0.05) 0.00 (0.07) 0.00 
 0.00 
 1.60 
(1.54)
 4.56 
SVXFX  0.75 (0.05) 0.00 (0.06) 0.00 
 0.00 
 1.59 
(1.51)
 4.57 
SVXAX  0.75 (0.02) 0.00  3.40  0.00 
 0.00 
 1.59 
(1.53)
 4.57 
SVXLX  0.75 (0.02) 0.00  3.05  0.00 
 0.00 
 1.60 
(1.53)
 4.57 

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2024 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY