Dimensional Core Correlations

DFAU Etf

USD 42.12 0.02 0.05%

The current 90-days correlation between Dimensional Core Equity and Vanguard Total Stock is 0.05 (i.e., Significant diversification). The correlation of Dimensional Core 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.

Dimensional Core Correlation With Market

Very poor diversification

The correlation between Dimensional Core Equity and DJI is 0.88 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Dimensional Core Equity 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 Dimensional Core Equity. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation.

Moving together with Dimensional Etf

0.97	VTI	Vanguard Total Stock	Pair Corr
1.0	SPY	SPDR SP 500 Aggressive Push	Pair Corr
1.0	IVV	iShares Core SP	Pair Corr
0.95	VIG	Vanguard Dividend	Pair Corr
1.0	VV	Vanguard Large Cap	Pair Corr
0.98	RSP	Invesco SP 500	Pair Corr
1.0	IWB	iShares Russell 1000	Pair Corr
1.0	ESGU	iShares ESG Aware	Pair Corr
1.0	DFAC	Dimensional Core Equity Sell-off Trend	Pair Corr
1.0	SPLG	SPDR Portfolio SP	Pair Corr
0.9	DSJA	DSJA	Pair Corr
0.87	RSPY	Tuttle Capital Management	Pair Corr
0.82	MEME	Roundhill Investments	Pair Corr
0.86	ITDD	iShares Trust	Pair Corr
0.89	BAC	Bank of America Fiscal Year End 10th of January 2025	Pair Corr
0.63	XOM	Exxon Mobil Corp Sell-off Trend	Pair Corr
0.84	CAT	Caterpillar Fiscal Year End 3rd of February 2025	Pair Corr
0.96	CSCO	Cisco Systems Aggressive Push	Pair Corr
0.86	WMT	Walmart Aggressive Push	Pair Corr
0.86	INTC	Intel Fiscal Year End 23rd of January 2025	Pair Corr
0.83	HD	Home Depot	Pair Corr
0.93	AA	Alcoa Corp Fiscal Year End 15th of January 2025	Pair Corr
0.84	DIS	Walt Disney	Pair Corr
0.96	AXP	American Express Sell-off Trend	Pair Corr
0.91	CVX	Chevron Corp Fiscal Year End 7th of February 2025	Pair Corr
0.8	T	ATT Inc Aggressive Push	Pair Corr

Moving against Dimensional Etf

0.82	JNJ	Johnson Johnson Fiscal Year End 28th of January 2025	Pair Corr
0.78	KO	Coca Cola Fiscal Year End 11th of February 2025	Pair Corr
0.71	PFE	Pfizer Inc Fiscal Year End 4th of February 2025	Pair Corr

Related Correlations Analysis

	VTI	SPY	IVV	VIG	VV	RSP	IWB	ESGU	SPLG
VTI		0.96	0.96	0.91	0.97	0.95	0.97	0.96	0.96	VTI
SPY	0.96		1.0	0.95	1.0	0.97	1.0	1.0	1.0	SPY
IVV	0.96	1.0		0.95	1.0	0.97	1.0	1.0	1.0	IVV
VIG	0.91	0.95	0.95		0.95	0.98	0.95	0.96	0.95	VIG
VV	0.97	1.0	1.0	0.95		0.97	1.0	1.0	1.0	VV
RSP	0.95	0.97	0.97	0.98	0.97		0.98	0.98	0.97	RSP
IWB	0.97	1.0	1.0	0.95	1.0	0.98		1.0	1.0	IWB
ESGU	0.96	1.0	1.0	0.96	1.0	0.98	1.0		1.0	ESGU
SPLG	0.96	1.0	1.0	0.95	1.0	0.97	1.0	1.0		SPLG
	VTI	SPY	IVV	VIG	VV	RSP	IWB	ESGU	SPLG

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Dimensional Core Constituents Risk-Adjusted Indicators

There is a big difference between Dimensional Etf performing well and Dimensional Core ETF 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 Dimensional Core'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
VTI	0.56	0.00	0.03	0.00	0.65	(0.61)	1.07	(1.27)	4.07
SPY	0.53	0.02	0.00	0.12	0.65	(0.53)	1.12	(1.28)	3.77
IVV	0.53	0.02	0.00	0.13	0.65	(0.53)	1.12	(1.27)	3.75
VIG	0.51	(0.03)	(0.08)	0.07	0.48	(0.56)	1.07	(0.88)	3.23
VV	0.55	0.02	0.00	0.13	0.69	(0.56)	1.19	(1.27)	3.79
RSP	0.52	0.00	(0.03)	0.11	0.44	(0.55)	1.07	(0.85)	3.17
IWB	0.54	0.02	0.01	0.13	0.66	(0.56)	1.12	(1.33)	3.96
ESGU	0.55	0.02	0.00	0.13	0.66	(0.56)	1.14	(1.38)	3.85
SPLG	0.53	0.02	0.00	0.13	0.65	(0.53)	1.12	(1.29)	3.78

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