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vortico | 3 years ago

Very cool, although index funds like S&P 500 and DJI don't seem to work.

https://betagainst.fun/asset/_gspc_spy/

https://betagainst.fun/asset/_dji_dia/

discuss

order

andrewmcwatters|3 years ago

That doesn't make any sense anyway. You're asking what are the highest and lowest correlations of the market against the market itself.

You cannot compare the same or roughly the same basket of assets against itself.

scarmig|3 years ago

That still makes sense. Something can be more or less correlated with the broader market. It's very useful, actually: you can use securities that tend to not be correlated with the broader market to build a portfolio with less average variance.