Artisan International Correlations

APHKX Fund

USD 54.19 0.55 1.03%

The current 90-days correlation between Artisan International and Artisan International Value is 1.0 (i.e., No risk reduction). The correlation of Artisan International 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.

Artisan International Correlation With Market

Poor diversification

The correlation between Artisan International Value and DJI is 0.69 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Artisan International Value and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Artisan International Value. 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 board of governors.

Moving together with Artisan Mutual Fund

0.78	APDNX	Artisan Select Equity	Pair Corr
0.67	APHTX	Artisan Focus	Pair Corr
0.74	APHSX	Artisan Small Cap	Pair Corr
0.87	APHRX	Artisan Global Oppor	Pair Corr
0.71	APHJX	Artisan International	Pair Corr
0.8	APHMX	Artisan Mid Cap	Pair Corr
0.77	APHLX	Artisan Value	Pair Corr
0.85	APHGX	Artisan Global Value	Pair Corr
0.62	APHFX	Artisan High Income	Pair Corr
0.66	APHIX	Artisan International	Pair Corr
0.75	APHEX	Artisan Emerging Markets	Pair Corr
0.74	APHDX	Artisan Global Discovery	Pair Corr
0.78	ARTNX	Artisan Select Equity	Pair Corr
0.86	VGTSX	Vanguard Total Inter	Pair Corr
0.87	VTIAX	Vanguard Total Inter	Pair Corr
0.86	VTSNX	Vanguard Total Inter	Pair Corr
0.86	VTPSX	Vanguard Total Inter	Pair Corr
0.86	VTISX	Vanguard Total Inter	Pair Corr
0.89	VTMGX	Vanguard Developed	Pair Corr
0.89	VDVIX	Vanguard Developed	Pair Corr
0.89	VTMNX	Vanguard Developed	Pair Corr
0.89	VDIPX	Vanguard Developed	Pair Corr
0.9	FSPSX	Fidelity International	Pair Corr
0.79	VSTSX	Vanguard Total Stock	Pair Corr
0.79	VSMPX	Vanguard Total Stock	Pair Corr
0.79	VITSX	Vanguard Total Stock	Pair Corr
0.77	VFFSX	Vanguard 500 Index	Pair Corr
0.77	VFIAX	Vanguard 500 Index	Pair Corr
0.77	VINIX	Vanguard Institutional	Pair Corr
0.79	VTSAX	Vanguard Total Stock	Pair Corr
0.68	FNMTX	Nuveen New Mexico	Pair Corr
0.75	SCJIX	Steward Ered Call	Pair Corr
0.75	PQCNX	Prudential Core Cons	Pair Corr

Related Correlations Analysis

	ARTKX	APDKX	JFRDX	JACTX	LCEYX	JARTX	TROSX	TROIX	VWNEX	TIBIX
ARTKX		1.0	0.7	0.7	0.74	0.7	0.89	0.88	0.73	0.77	ARTKX
APDKX	1.0		0.7	0.7	0.74	0.7	0.89	0.89	0.73	0.77	APDKX
JFRDX	0.7	0.7		1.0	0.64	1.0	0.78	0.78	0.64	0.77	JFRDX
JACTX	0.7	0.7	1.0		0.64	1.0	0.78	0.78	0.64	0.76	JACTX
LCEYX	0.74	0.74	0.64	0.64		0.64	0.84	0.84	0.81	0.75	LCEYX
JARTX	0.7	0.7	1.0	1.0	0.64		0.78	0.78	0.64	0.76	JARTX
TROSX	0.89	0.89	0.78	0.78	0.84	0.78		1.0	0.67	0.93	TROSX
TROIX	0.88	0.89	0.78	0.78	0.84	0.78	1.0		0.67	0.93	TROIX
VWNEX	0.73	0.73	0.64	0.64	0.81	0.64	0.67	0.67		0.48	VWNEX
TIBIX	0.77	0.77	0.77	0.76	0.75	0.76	0.93	0.93	0.48		TIBIX
	ARTKX	APDKX	JFRDX	JACTX	LCEYX	JARTX	TROSX	TROIX	VWNEX	TIBIX

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

Risk-Adjusted Indicators

There is a big difference between Artisan Mutual Fund performing well and Artisan International 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 Artisan International'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
ARTKX	0.46	(0.02)	(0.06)	0.01	0.58	(0.46)	1.03	(1.03)	2.49
APDKX	0.46	(0.02)	(0.06)	0.01	0.57	(0.46)	1.02	(1.04)	2.49
JFRDX	0.81	(0.02)	(0.01)	0.02	1.28	(0.71)	1.66	(2.05)	5.75
JACTX	0.81	(0.02)	(0.01)	0.02	1.28	(0.71)	1.65	(2.05)	5.78
LCEYX	0.41	(0.01)	(0.04)	0.03	0.53	(0.43)	1.08	(0.87)	2.71
JARTX	0.80	(0.02)	(0.02)	0.02	1.28	(0.71)	1.65	(2.06)	5.79
TROSX	0.65	(0.01)	(0.02)	0.03	0.85	(0.63)	1.14	(1.37)	3.85
TROIX	0.65	(0.01)	(0.02)	0.03	0.86	(0.61)	1.20	(1.35)	3.79
VWNEX	0.57	(0.03)	(0.03)	0.01	0.75	(0.56)	1.23	(1.14)	4.45
TIBIX	0.39	(0.01)	(0.06)	0.01	0.57	(0.39)	0.70	(0.71)	3.19

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

Artisan International Correlations

Artisan International Correlation With Market

Poor diversification

Moving together with Artisan Mutual Fund

Related Correlations Analysis

Risk-Adjusted Indicators

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY