Nuveen Small Correlations

Mutual Funds . USA . 
Fund . Nuveen Small Cap
FSCWX Fund  USD 32.73  0.21  0.64%   
The current 90-days correlation between Nuveen Small Cap and Hartford Schroders Emerging is 0.48 (i.e., Very weak diversification). The correlation of Nuveen Small 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.

Nuveen Small Correlation With Market

Very poor diversification

The correlation between Nuveen Small Cap 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 Nuveen Small Cap 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 Nuveen Small Cap. 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 housing.

Moving together with Nuveen Mutual Fund

  0.99EMGRX Nuveen Small CapPairCorr
  0.67FREAX Nuveen Real EstatePairCorr
  0.69FREGX Nuveen Real EstatePairCorr
  0.94NPSAX Nuveen Preferred SecPairCorr
  0.94NPSFX Nuveen Preferred SecPairCorr
  0.94NPSCX Nuveen Preferred SecPairCorr
  0.94NPSRX Nuveen Preferred SecPairCorr
  0.74FRKSX Nuveen Kansas MunicipalPairCorr
  0.97FRMPX Nuveen Small CapPairCorr
  0.65FRLCX Nuveen Real EstatePairCorr
  0.97FRSLX Nuveen Mid CapPairCorr
  0.98NQCCX Nuveen Nwq LargePairCorr
  0.98NQCAX Nuveen Nwq LargePairCorr
  0.99FACSX Nuveen Mid CapPairCorr
  0.98NQCRX Nuveen Nwq LargePairCorr
  0.67FAFOX Nuveen Kansas MunicipalPairCorr
  0.95NQGCX Nuveen Nwq GlobalPairCorr
  0.95NQGAX Nuveen Nwq GlobalPairCorr
  0.91FAFJX Nuveen Limited TermPairCorr
  0.95NQGIX Nuveen Nwq GlobalPairCorr
  0.9FAMAX Nuveen Minnesota IntPairCorr
  0.9FAMTX Nuveen Minnesota IntPairCorr
  1.0FSCCX First American InvestmentPairCorr
  1.0FSCVX Nuveen Small CapPairCorr
  1.0FSCAX Nuveen Small CapPairCorr
  0.99FSEIX Nuveen Mid CapPairCorr
  0.98FAQIX Nuveen Dividend ValuePairCorr
  0.68FARCX Nuveen Real EstatePairCorr
  0.99FASEX Nuveen Mid CapPairCorr
  0.91FSHAX Nuveen Short TermPairCorr
  0.87FSFRX Nuveen Strategic IncomePairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Nuveen Mutual Fund performing well and Nuveen Small 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 Nuveen Small'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.

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
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY