Dfa Investment Correlations

DFABX Fund

USD 9.97 0.01 0.10%

The current 90-days correlation between Dfa Investment Dimensions and Intal High Relative is 0.11 (i.e., Average diversification). The correlation of Dfa Investment 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 Investment Correlation With Market

Average diversification

The correlation between Dfa Investment Dimensions and DJI is 0.11 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Dfa Investment Dimensions 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 Investment Dimensions. 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 bureau of labor statistics.

Moving together with Dfa Mutual Fund

0.91	DNYMX	Dfa Ny Municipal	Pair Corr
0.86	DOGMX	Dfa Oregon Municipal	Pair Corr
0.69	DSCLX	Dfa International Social	Pair Corr
0.68	DSSMX	Dfa Selective State	Pair Corr
0.82	DCIBX	Dfa Ca Int	Pair Corr

Moving against Dfa Mutual Fund

0.46	DIPSX	Dfa Inflation Protected	Pair Corr
0.72	DEMSX	Emerging Markets Small	Pair Corr
0.52	DEMGX	Emerging Markets Targeted	Pair Corr
0.43	DUSLX	Dfa Large	Pair Corr
0.39	DRXIX	Dfa Ltip Portfolio	Pair Corr
0.31	DFAIX	Dfa Short Duration	Pair Corr

Related Correlations Analysis

	DIHRX	DILRX	DIPSX	DISVX	DISMX	DMNBX	DMREX	DNYMX	DOGMX	DREIX
DIHRX		0.87	-0.05	0.71	0.3	0.16	0.2	0.48	0.6	0.79	DIHRX
DILRX	0.87		0.09	0.54	0.59	-0.03	0.18	0.04	0.2	0.68	DILRX
DIPSX	-0.05	0.09		0.06	0.02	-0.49	-0.67	-0.47	-0.19	0.13	DIPSX
DISVX	0.71	0.54	0.06		0.33	0.36	0.08	0.45	0.44	0.71	DISVX
DISMX	0.3	0.59	0.02	0.33		0.34	0.47	-0.29	-0.36	0.32	DISMX
DMNBX	0.16	-0.03	-0.49	0.36	0.34		0.73	0.58	0.31	0.09	DMNBX
DMREX	0.2	0.18	-0.67	0.08	0.47	0.73		0.37	0.11	0.07	DMREX
DNYMX	0.48	0.04	-0.47	0.45	-0.29	0.58	0.37		0.88	0.33	DNYMX
DOGMX	0.6	0.2	-0.19	0.44	-0.36	0.31	0.11	0.88		0.39	DOGMX
DREIX	0.79	0.68	0.13	0.71	0.32	0.09	0.07	0.33	0.39		DREIX
	DIHRX	DILRX	DIPSX	DISVX	DISMX	DMNBX	DMREX	DNYMX	DOGMX	DREIX

Please upgrade your account to get full access to Macroaxis premium features

Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

DOGMX	+ 0.88	DNYMX
DILRX	+ 0.87	DIHRX
DREIX	+ 0.79	DIHRX
DMREX	+ 0.73	DMNBX
DISVX	+ 0.71	DIHRX
DREIX	+ 0.71	DISVX

High negative correlations

DMREX	- 0.67	DIPSX
DMNBX	- 0.49	DIPSX
DNYMX	- 0.47	DIPSX
DOGMX	- 0.36	DISMX
DNYMX	- 0.29	DISMX
DOGMX	- 0.19	DIPSX

Risk-Adjusted Indicators

There is a big difference between Dfa Mutual Fund performing well and Dfa Investment 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 Investment'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
DIHRX	0.59	(0.04)	(0.07)	0.01	0.76	(0.57)	1.06	(1.24)	2.67
DILRX	0.63	(0.06)	(0.08)	(0.01)	0.82	(0.62)	1.18	(1.27)	2.90
DIPSX	0.16	(0.04)	0.00	(1.15)	0.00	0.00	0.27	(0.35)	1.16
DISVX	0.64	(0.04)	(0.06)	0.00	0.99	(0.63)	1.28	(1.39)	5.32
DISMX	0.60	(0.08)	0.00	(0.06)	0.00	0.00	1.05	(1.22)	2.59
DMNBX	0.01	(0.01)	0.00	(4.70)	0.00	0.00	0.10	0.00	0.10
DMREX	0.05	0.00	(0.67)	0.67	0.00	(0.19)	0.09	(0.09)	1.04
DNYMX	0.02	0.00	0.00	0.58	0.00	0.00	0.10	0.00	0.20
DOGMX	0.04	0.00	(0.56)	0.19	0.00	(0.10)	0.10	(0.10)	0.20
DREIX	0.59	(0.09)	0.00	(0.04)	0.00	0.00	1.10	(1.32)	5.34

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

2025 Macroaxis LLC