Valic Company Correlations

VLSMX Fund

USD 15.00 0.07 0.46%

The current 90-days correlation between Valic Company I and Mndvux is -0.3 (i.e., Very good diversification). The correlation of Valic Company 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.

Valic Company Correlation With Market

Good diversification

The correlation between Valic Company I and DJI is -0.2 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Valic Company I 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 Valic Company I. 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 population.

Moving together with VALIC Mutual Fund

0.94	VMIDX	Mid Cap Index	Pair Corr
0.96	VMSGX	Mid Cap Strategic	Pair Corr
0.96	VAPPX	Valic Company I	Pair Corr
0.96	VSRDX	Valic Company I	Pair Corr
0.96	VSTIX	Stock Index Fund	Pair Corr
0.86	VSSVX	Small Cap Special	Pair Corr
0.95	VBCVX	Broad Cap Value	Pair Corr
0.96	VCAAX	Asset Allocation	Pair Corr
0.61	VCBDX	Valic Company I	Pair Corr
0.96	VCBCX	Blue Chip Growth	Pair Corr
0.96	VCGAX	Growth Income	Pair Corr
0.97	VCGEX	Emerging Economies	Pair Corr
0.93	VCFVX	Foreign Value	Pair Corr
0.93	VCIEX	International Equities	Pair Corr
0.79	VCIFX	International Government	Pair Corr
0.96	VCIGX	Valic Company I	Pair Corr
0.93	VCINX	International Growth	Pair Corr
0.96	VCNIX	Nasdaq 100 Index	Pair Corr
0.96	VCSTX	Science Technology	Pair Corr
0.94	VCSOX	Global Social Awareness	Pair Corr
0.96	VCULX	Growth Fund Growth	Pair Corr
0.98	VVMCX	Valic Company I	Pair Corr
0.96	VVSGX	Valic Company I	Pair Corr
0.97	VVSCX	Valic Company I	Pair Corr
0.97	VGCLX	Valic Company I	Pair Corr
0.97	VGLSX	Global Strategy	Pair Corr
0.88	VGREX	Global Real Estate	Pair Corr
0.98	VHYLX	Valic Company I	Pair Corr
0.96	VIOPX	Valic Company I	Pair Corr
0.97	VLAGX	Valic Company I	Pair Corr
0.95	VLCGX	Large Capital Growth	Pair Corr
0.96	FBONX	American Funds American	Pair Corr
0.96	FBAFX	American Funds American	Pair Corr
1.0	ABALX	American Balanced	Pair Corr
0.99	BALCX	American Balanced	Pair Corr
0.96	BALFX	American Balanced	Pair Corr
0.96	RLBCX	American Balanced	Pair Corr
0.96	RLBBX	American Balanced	Pair Corr

Related Correlations Analysis

	VLSMX	MNDVUX	NWWAX	SMGASX	PWJQX	FGWMX	PNPXX	RNDIX	BZEAX
VLSMX		0.94	0.0	0.0	0.94	0.93	0.0	0.0	1.0	VLSMX
MNDVUX	0.94		0.0	0.0	0.93	0.9	0.0	0.0	0.94	MNDVUX
NWWAX	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	NWWAX
SMGASX	0.0	0.0	0.0		0.0	0.0	0.0	0.0	0.0	SMGASX
PWJQX	0.94	0.93	0.0	0.0		0.82	0.0	0.0	0.95	PWJQX
FGWMX	0.93	0.9	0.0	0.0	0.82		0.0	0.0	0.91	FGWMX
PNPXX	0.0	0.0	0.0	0.0	0.0	0.0		0.0	0.0	PNPXX
RNDIX	0.0	0.0	0.0	0.0	0.0	0.0	0.0		0.0	RNDIX
BZEAX	1.0	0.94	0.0	0.0	0.95	0.91	0.0	0.0		BZEAX
	VLSMX	MNDVUX	NWWAX	SMGASX	PWJQX	FGWMX	PNPXX	RNDIX	BZEAX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

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

BZEAX	+ 1.0	VLSMX
BZEAX	+ 0.95	PWJQX
MNDVUX	+ 0.94	VLSMX
PWJQX	+ 0.94	VLSMX
BZEAX	+ 0.94	MNDVUX
FGWMX	+ 0.93	VLSMX

High negative correlations

BZEAX	- 0.0	RNDIX
BZEAX	- 0.0	PNPXX
RNDIX	- 0.0	PNPXX
RNDIX	- 0.0	FGWMX
PNPXX	- 0.0	FGWMX
RNDIX	- 0.0	PWJQX

Risk-Adjusted Indicators

There is a big difference between VALIC Mutual Fund performing well and Valic Company 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 Valic Company'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
VLSMX	0.53	0.15	(0.11)	(0.91)	0.76	(0.56)	1.27	(1.25)	5.72
MNDVUX	0.78	0.01	(0.03)	0.24	0.79	(0.90)	1.68	(1.34)	10.23
NWWAX	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SMGASX	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
PWJQX	0.86	0.15	0.12	0.41	0.43	(0.97)	2.34	(1.30)	9.68
FGWMX	0.30	0.03	(0.30)	2.81	0.45	(0.34)	0.62	(0.90)	2.00
PNPXX	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
RNDIX	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
BZEAX	0.68	0.22	(0.04)	(0.66)	1.00	(0.72)	1.53	(1.49)	9.42

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