Dfa - Correlations

DILRX Fund

USD 18.98 0.12 0.64%

The current 90-days correlation between Dfa International and Dfa Large is 0.71 (i.e., Poor diversification). The correlation of Dfa - 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 - Correlation With Market

Good diversification

The correlation between Dfa International 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 Dfa International 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. 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 real.

Moving together with Dfa Mutual Fund

0.71	DIHRX	Intal High Relative	Pair Corr
0.67	DREIX	World Core Equity	Pair Corr
0.63	DRIHX	Dimensional 2040 Target	Pair Corr
0.67	DAABX	Dfa Sustainability	Pair Corr
0.63	DSCGX	Dfa Small	Pair Corr
0.62	DUSLX	Dfa Large	Pair Corr
0.61	DEMSX	Emerging Markets Small	Pair Corr
0.62	DEMGX	Emerging Markets Targeted	Pair Corr
0.7	DFALX	Large Cap International	Pair Corr
0.61	DWUSX	Dfa World Ex	Pair Corr

Moving against Dfa Mutual Fund

0.38

DWFIX

Dfa World Ex

Pair Corr

Related Correlations Analysis

	DUSLX	DSCGX	DISMX	DFAPX	DFIVX
DUSLX		0.83	0.81	0.8	0.64	DUSLX
DSCGX	0.83		0.88	0.73	0.64	DSCGX
DISMX	0.81	0.88		0.68	0.75	DISMX
DFAPX	0.8	0.73	0.68		0.52	DFAPX
DFIVX	0.64	0.64	0.75	0.52		DFIVX
	DUSLX	DSCGX	DISMX	DFAPX	DFIVX

Risk-Adjusted Indicators

There is a big difference between Dfa Mutual Fund performing well and Dfa - 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 -'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
DUSLX	0.50	0.10	(0.02)	(0.40)	0.42	(0.56)	0.99	(0.73)	2.47
DSCGX	0.77	0.00	0.03	0.09	0.73	(0.86)	1.57	(1.52)	4.13
DISMX	0.54	0.01	(0.03)	0.10	0.64	(0.55)	1.07	(1.17)	3.29
DFAPX	0.21	0.04	(0.21)	1.22	0.00	(0.29)	0.40	(0.30)	1.08
DFIVX	0.56	0.06	0.05	0.17	0.54	(0.58)	1.32	(1.26)	4.12

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