This asset correlation testing tool allows you to view correlations for stocks, ETFs and mutual funds for the given time period. You also view the rolling correlation for a given number of trading days to see how the correlation between the assets has changed over time. You can also view correlation matrix for common asset class ETFs or test assets for autocorrelation and cointegration.
Model Configuration
Correlation Results
Note: The time period was constrained by the available data for Invesco Optm Yd Dvrs Cdty Stra No K1 ETF (PDBC) [Dec 2014 - Aug 2023].
Asset Correlations
Asset Correlations
Name
Ticker
PDBC
VTI
VOO
VIOV
VXUS
TLT
IAU
Annualized Return
Daily Standard Deviation
Monthly Standard Deviation
Annualized Standard Deviation
Invesco Optm Yd Dvrs Cdty Stra No K1 ETF
PDBC
1.00
0.47
0.46
0.56
0.56
-0.35
0.08
2.53%
1.16%
5.09%
17.64%
Vanguard Total Stock Market ETF
VTI
0.47
1.00
1.00
0.86
0.87
-0.02
0.07
10.82%
1.17%
4.61%
15.96%
Vanguard S&P 500 ETF
VOO
0.46
1.00
1.00
0.83
0.86
-0.00
0.08
11.35%
1.16%
4.49%
15.56%
Vanguard S&P Small-Cap 600 Value ETF
VIOV
0.56
0.86
0.83
1.00
0.77
-0.24
-0.08
7.59%
1.48%
6.33%
21.92%
Vanguard Total International Stock ETF
VXUS
0.56
0.87
0.86
0.77
1.00
0.03
0.20
4.06%
1.12%
4.50%
15.58%
iShares 20+ Year Treasury Bond ETF
TLT
-0.35
-0.02
-0.00
-0.24
0.03
1.00
0.48
-0.45%
0.96%
3.87%
13.40%
iShares Gold Trust
IAU
0.08
0.07
0.08
-0.08
0.20
0.48
1.00
5.73%
0.89%
4.08%
14.13%
Asset correlations for time period 12/01/2014 - 08/31/2023 based on monthly returns
Notes and Disclosures
IMPORTANT: The projections or other information generated by Portfolio Visualizer regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results and are not guarantees of future results. Results may vary with each use and over time.
The results do not constitute investment advice or recommendation, are provided solely for informational purposes, and are not an offer to buy or sell any securities. All use is subject to terms of service.
Investing involves risk, including possible loss of principal. Past performance is not a guarantee of future results.
Asset allocation and diversification strategies do not guarantee a profit or protect against a loss.
Hypothetical returns do not reflect trading costs, transaction fees, commissions, or actual taxes due on investment returns.
The results are based on information from a variety of sources we consider reliable, but we do not represent that the information is accurate or complete.