SP SMALLCAP Correlations

Mutual Funds . USA . 
Fund . Sampp Smallcap Index
SMLKX Fund  USD 19.97  -0.40  -1.96%   
Current 90-days correlation between Sampp Smallcap Index and Templeton Emerging Markets is -0.09 (i.e., Good diversification).Investors use SP SMALLCAP's correlation data to evaluate hedging opportunities. A negative correlation with another asset means the two positions can offset each other's risk during periods of market stress.

Market Correlation for SP SMALLCAP

Poor diversification
SMLKX currently posts a 0.76 correlation with DJI, indicating a Poor diversification relationship for the active sample. The cleaner interpretation is to review correlation beside volatility, expected return, and the role each holding plays in the portfolio.
  
Diversification context is available through World Market Map. Diversification context helps frame allocation across holdings. This reflects a position in Sampp Smallcap Index. This is situated within the portfolio mix. The allocation framework shapes how individual positions are weighted. 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 industry.

Moving together with SMLKX Mutual Fund

  0.78EMSLX Shelton Emerging MarketsPairCorr
  0.78EMSQX Shelton Emerging MarketsPairCorr
  0.77CFNTX California Tax FreePairCorr
  0.79NEXIX Shelton Green AlphaPairCorr
  0.87NEXTX Shelton Green AlphaPairCorr
  0.8SISEX Shelton InternationalPairCorr
  0.8SISLX Shelton InternationalPairCorr
  1.0SMCIX Sampp Smallcap IndexPairCorr
  0.78DEBTX Shelton Tactical CreditPairCorr
  0.97SPMIX Sampp Midcap IndexPairCorr
  0.97MIDKX Sampp Midcap IndexPairCorr
  0.97VSMAX Vanguard Small CapPairCorr
  0.97VSCIX Vanguard Small CapPairCorr
  0.97VSCPX Vanguard Small CapPairCorr
  0.97NAESX Vanguard Small CapPairCorr
  0.93FSSNX Fidelity Small CapPairCorr
  1.0DFSTX Us Small CapPairCorr
  0.97FTHSX Fuller Thaler BehavioralPairCorr
  0.97FTHNX Fuller Thaler BehavioralPairCorr
  0.99PASVX T Rowe PricePairCorr
  0.99PRVIX T Rowe PricePairCorr
  0.79NHS Neuberger Berman HighPairCorr
  0.76DCEMX Dunham Emerging MarketsPairCorr
  0.68LTNCX Oppenheimer RochesterPairCorr
  0.77PDEZX Prudential JennisonPairCorr
  0.68PQTNX PIMCO Trends ManagedPairCorr

Related Correlations Analysis


Risk-Adjusted Indicators

Evaluating SMLKX Mutual Fund requires separating price momentum from underlying business quality relative to competitors. A thorough review of SP SMALLCAP's risk-adjusted indicators provides a clearer picture of whether returns are being earned efficiently. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Macroaxis provides analytical tools and reference data for investors of all levels to evaluate holdings and assess risk across market volatility, economic shifts, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2026 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY