Emerging Markets Correlations

DEMSX Fund  USD 26.08  0.03  0.11%   
The current 90-days correlation between Emerging Markets Small and Vy Blackrock Inflation is 0.26 (i.e., Modest diversification). The correlation of Emerging Markets 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.

Emerging Markets Correlation With Market

Very weak diversification

The correlation between Emerging Markets Small and DJI is 0.58 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Emerging Markets Small 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 Emerging Markets Small. 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 state.

Moving together with Emerging Mutual Fund

  0.97DIHRX Intal High RelativePairCorr
  0.96DILRX Dfa InternationalPairCorr
  0.98DISVX Dfa International SmallPairCorr
  0.98DISMX Dfa InternationalPairCorr
  0.92DMNBX Dfa Mn MunicipalPairCorr
  0.84DMREX Dfa Municipal RealPairCorr
  0.94DNYMX Dfa Ny MunicipalPairCorr
  0.82DOGMX Dfa Oregon MunicipalPairCorr
  0.99DREIX World Core EquityPairCorr
  0.98DRIIX Dimensional 2045 TargetPairCorr
  0.98DRIHX Dimensional 2040 TargetPairCorr
  0.97DRIGX Dimensional 2035 TargetPairCorr
  0.95DRIWX Dimensional 2030 TargetPairCorr
  0.93DRIUX Dimensional 2025 TargetPairCorr
  0.95DRIRX Dimensional 2020 TargetPairCorr
  0.93DRIQX Dimensional 2015 TargetPairCorr
  0.98DRILX Dimensional 2060 TargetPairCorr
  0.98DRIKX Dimensional 2055 TargetPairCorr
  0.98DRIJX Dimensional 2050 TargetPairCorr
  0.99DAADX Dfa Emerging MarketsPairCorr
  0.95DAABX Dfa SustainabilityPairCorr
  0.98DSCLX Dfa International SocialPairCorr
  0.95DSCGX Dfa SmallPairCorr
  0.61DSFIX Dfa Social FixedPairCorr
  0.99DSHGX Dfa Selectively HedgedPairCorr
  0.69DSSMX Dfa Selective StatePairCorr
  0.96DTCPX Dfa Targeted CreditPairCorr
  0.98DTDRX Dimensional 2065 TargetPairCorr
  0.81DCARX Dfa California MunicipalPairCorr
  0.67DCIBX Dfa Ca IntPairCorr
  0.73DCMSX Dfa Commodity StrategyPairCorr
  0.97DURPX Us High RelativePairCorr
  0.97DUSQX Us Lg CapPairCorr
  0.97DUSLX Dfa LargePairCorr
  1.0DEMGX Emerging Markets TargetedPairCorr
  1.0DESIX Emerging Markets SusPairCorr

Related Correlations Analysis

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Risk-Adjusted Indicators

There is a big difference between Emerging Mutual Fund performing well and Emerging Markets 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 Emerging Markets' 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.