Dfa Ltip Correlations

DRXIX Fund

USD 5.91 0.05 0.85%

The current 90-days correlation between Dfa Ltip Portfolio and Blackrock Moderate Prepared is 0.32 (i.e., Weak diversification). The correlation of Dfa Ltip 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.

Dfa Ltip Correlation With Market

Good diversification

The correlation between Dfa Ltip Portfolio and DJI is -0.03 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Dfa Ltip Portfolio 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 Dfa Ltip Portfolio. 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 gross domestic product.

Moving together with DFA Mutual Fund

0.79	DIHRX	Intal High Relative	Pair Corr
0.78	DILRX	Dfa International	Pair Corr
0.96	DIPSX	Dfa Inflation Protected	Pair Corr
0.69	DISVX	Dfa International Small	Pair Corr
0.76	DISMX	Dfa International	Pair Corr
0.77	DOGMX	Dfa Oregon Municipal	Pair Corr
0.75	DRIWX	Dimensional 2030 Target	Pair Corr
0.85	DRIUX	Dimensional 2025 Target	Pair Corr
0.77	DRIRX	Dimensional 2020 Target	Pair Corr
0.64	DRIQX	Dimensional 2015 Target	Pair Corr
0.73	DAADX	Dfa Emerging Markets	Pair Corr
0.73	DSCLX	Dfa International Social	Pair Corr
0.98	DSFIX	Dfa Social Fixed	Pair Corr
0.86	DWFIX	Dfa World Ex	Pair Corr

Moving against DFA Mutual Fund

0.7	DMREX	Dfa Municipal Real	Pair Corr
0.7	DNYMX	Dfa Ny Municipal	Pair Corr
0.63	DRIIX	Dimensional 2045 Target	Pair Corr
0.62	DRILX	Dimensional 2060 Target	Pair Corr
0.62	DRIKX	Dimensional 2055 Target	Pair Corr
0.62	DRIJX	Dimensional 2050 Target	Pair Corr
0.54	DREIX	World Core Equity	Pair Corr
0.83	DFAIX	Dfa Short Duration	Pair Corr
0.79	DTCPX	Dfa Targeted Credit	Pair Corr
0.76	DUSQX	Us Lg Cap	Pair Corr
0.75	DCARX	Dfa California Municipal	Pair Corr
0.69	DURPX	Us High Relative	Pair Corr
0.68	DSCGX	Dfa Small	Pair Corr
0.67	DUSLX	Dfa Large	Pair Corr
0.66	DAABX	Dfa Sustainability	Pair Corr
0.63	DSHGX	Dfa Selectively Hedged	Pair Corr
0.62	DTDRX	Dimensional 2065 Target	Pair Corr

Related Correlations Analysis

	BIMPX	FLMTX	RERPX	EXBAX	SCGCX	JTSQX	ASAMX
BIMPX		0.94	0.9	0.68	0.7	0.77	0.8	BIMPX
FLMTX	0.94		0.87	0.55	0.79	0.84	0.89	FLMTX
RERPX	0.9	0.87		0.75	0.57	0.74	0.67	RERPX
EXBAX	0.68	0.55	0.75		0.04	0.19	0.22	EXBAX
SCGCX	0.7	0.79	0.57	0.04		0.96	0.96	SCGCX
JTSQX	0.77	0.84	0.74	0.19	0.96		0.94	JTSQX
ASAMX	0.8	0.89	0.67	0.22	0.96	0.94		ASAMX
	BIMPX	FLMTX	RERPX	EXBAX	SCGCX	JTSQX	ASAMX

Click cells to compare fundamentals

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Risk-Adjusted Indicators

There is a big difference between DFA Mutual Fund performing well and Dfa Ltip 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 Dfa Ltip'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
BIMPX	0.25	(0.01)	(0.32)	0.07	0.23	(0.36)	0.75	(0.60)	1.58
FLMTX	0.22	0.00	(0.32)	0.11	0.20	(0.25)	0.47	(0.56)	1.12
RERPX	0.26	(0.03)	(0.28)	0.05	0.30	(0.29)	0.55	(0.62)	1.57
EXBAX	0.25	(0.03)	(0.34)	0.02	0.31	(0.26)	0.47	(0.60)	1.49
SCGCX	0.42	(0.02)	(0.11)	0.09	0.46	(0.47)	0.87	(0.71)	2.67
JTSQX	0.50	(0.03)	(0.11)	0.08	0.61	(0.53)	1.12	(0.93)	3.11
ASAMX	0.37	(0.01)	(0.14)	0.11	0.35	(0.45)	0.74	(0.74)	1.95

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