Siit Dynamic Correlations

SDLAX Fund

USD 21.75 0.06 0.28%

The current 90-days correlation between Siit Dynamic Asset and Equity Growth Fund is -0.2 (i.e., Good diversification). The correlation of Siit Dynamic 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.

Siit Dynamic Correlation With Market

Very poor diversification

The correlation between Siit Dynamic Asset and DJI is 0.82 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Siit Dynamic Asset and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Siit Dynamic Asset. 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 Siit Mutual Fund

0.95	SAAAX	Simt Multi Asset	Pair Corr
0.97	SRWAX	Saat Market Growth	Pair Corr
0.61	SSCGX	Simt Small Cap	Pair Corr
0.91	SSEAX	Siit Screened World	Pair Corr
0.97	SSGAX	Saat Aggressive Strategy	Pair Corr
0.71	SASDX	Saat Aggressive Strategy	Pair Corr
0.79	TFCAX	Tax Free Conservative	Pair Corr
0.72	TFCYX	Tax Free Conservative	Pair Corr
0.69	SSTDX	Saat Servative Strategy	Pair Corr
0.74	SBDAX	Stet California Municipal	Pair Corr
0.77	STAYX	Stet Tax Advantaged	Pair Corr
0.77	STDAX	Saat Defensive Strategy	Pair Corr
0.78	ENIAX	Siit Opportunistic Income	Pair Corr
0.95	STLYX	Simt Tax Managed	Pair Corr
0.65	STMPX	Simt Tax Managed	Pair Corr
0.75	SCFYX	Simt E Fixed	Pair Corr
0.73	SCMSX	Saat E Market	Pair Corr
0.77	SCLAX	Simt Multi Asset	Pair Corr
0.75	CFVAX	Catholic Values Fixed	Pair Corr
0.75	SCOAX	Siit E Fixed	Pair Corr
0.75	CFVYX	Catholic Values Fixed	Pair Corr
0.74	SCPAX	Siit Large Cap	Pair Corr
0.84	SCXIX	Sei Insti Mgd	Pair Corr
0.73	SCYYX	Stet California Municipal	Pair Corr
0.73	SUSAX	Siit Ultra Short	Pair Corr
0.7	SDGFX	Sdit Short Duration	Pair Corr
0.75	SDYAX	Simt Dynamic Asset	Pair Corr
0.75	SDYYX	Simt Dynamic Asset	Pair Corr
0.73	SVSAX	Saat Servative Strategy	Pair Corr
0.98	SEAIX	Saat Aggressive Strategy	Pair Corr
0.76	SEATX	Stet Tax Advantaged	Pair Corr

Related Correlations Analysis

	BEQGX	VLIFX	FAMVX	LCIAX	GEMAX	HFCSX	FGADX	AOMIX	CLCRX	CSVYX
BEQGX		0.07	-0.24	0.68	0.86	0.65	0.69	0.77	0.82	0.58	BEQGX
VLIFX	0.07		0.49	0.26	0.21	0.04	0.25	0.4	0.2	0.48	VLIFX
FAMVX	-0.24	0.49		-0.01	-0.21	-0.5	-0.06	-0.02	-0.18	0.26	FAMVX
LCIAX	0.68	0.26	-0.01		0.78	0.59	0.74	0.81	0.75	0.72	LCIAX
GEMAX	0.86	0.21	-0.21	0.78		0.71	0.86	0.95	0.92	0.79	GEMAX
HFCSX	0.65	0.04	-0.5	0.59	0.71		0.7	0.6	0.58	0.45	HFCSX
FGADX	0.69	0.25	-0.06	0.74	0.86	0.7		0.81	0.68	0.8	FGADX
AOMIX	0.77	0.4	-0.02	0.81	0.95	0.6	0.81		0.94	0.9	AOMIX
CLCRX	0.82	0.2	-0.18	0.75	0.92	0.58	0.68	0.94		0.77	CLCRX
CSVYX	0.58	0.48	0.26	0.72	0.79	0.45	0.8	0.9	0.77		CSVYX
	BEQGX	VLIFX	FAMVX	LCIAX	GEMAX	HFCSX	FGADX	AOMIX	CLCRX	CSVYX

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

AOMIX	+ 0.95	GEMAX
CLCRX	+ 0.94	AOMIX
CLCRX	+ 0.92	GEMAX
CSVYX	+ 0.9	AOMIX
GEMAX	+ 0.86	BEQGX
FGADX	+ 0.86	GEMAX

High negative correlations

HFCSX	- 0.5	FAMVX
FAMVX	- 0.24	BEQGX
GEMAX	- 0.21	FAMVX
CLCRX	- 0.18	FAMVX
FGADX	- 0.06	FAMVX
AOMIX	- 0.02	FAMVX

Risk-Adjusted Indicators

There is a big difference between Siit Mutual Fund performing well and Siit Dynamic 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 Siit Dynamic'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
BEQGX	0.50	0.15	0.06	(0.94)	0.55	(0.57)	1.20	(0.69)	4.18
VLIFX	0.62	(0.11)	0.00	(0.03)	0.00	0.00	1.09	(1.28)	3.84
FAMVX	0.57	(0.01)	0.00	0.25	0.00	0.00	1.23	(1.08)	4.13
LCIAX	0.49	0.15	0.07	(0.86)	0.48	(0.55)	1.19	(0.65)	4.31
GEMAX	0.67	0.15	0.13	0.30	0.69	(0.79)	1.39	(0.75)	5.23
HFCSX	1.54	0.01	0.03	0.09	1.75	(1.64)	3.88	(3.10)	9.33
FGADX	1.63	0.37	0.12	1.30	2.25	(1.67)	3.40	(4.06)	11.81
AOMIX	0.32	(0.01)	(0.10)	0.07	0.36	(0.34)	0.72	(0.54)	2.76
CLCRX	0.49	0.01	0.00	0.10	0.54	(0.53)	1.19	(0.71)	3.97
CSVYX	0.87	(0.01)	0.03	0.08	0.82	(1.05)	2.12	(1.41)	7.50

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