COMPOSITE ETF RISK-ADJUSTED RETURN CORRELATIONS HEATMAP CLUSTERPLOTS
These charts visualize the correlations of the asset class returns over the specified period. Red indicates highly correlated returns while blue indicates negatively correlated returns.
By examining a clustered heatmap investors are able to quickly determine the intensity and grouping of asset return correlations. Generally speaking, investors should seek to diversify their portfolios by holding uncorrelated assets. Better diversification among asset classes helps to lower overall portfolio volatility with the implication of improving a portfolio's long term performance.
YEAR-TO-DATE LAST 212 TRADING DAYS