Dimensional Core Fixed Income ETF (DFCF) — Stock Correlations & Overview
Over the past year, DFCF has moved most closely with CPAG, AVIG, AGG. Explore the stocks most correlated and inversely correlated with DFCF below, along with its price, financials, and company profile.
Stocks correlated with DFCF
Correlation of daily returns. Higher positive values move with DFCF; negative values move opposite it. Informational only, not investment advice.
Most correlated with DFCF
| Symbol | Company | Correlation |
|---|---|---|
| CPAG | F/m Compoundr U.S. Aggregate Bond ETF | 0.93 |
| AVIG | Avantis Core Fixed Income ETF | 0.91 |
| AGG | iShares Core U.S. Aggregate Bond ETF | 0.90 |
| DGCB | Dimensional Global Credit ETF | 0.90 |
| TYD | Direxion Daily 7-10 Year Treasury Bull 3X ETF | 0.90 |
Most inversely correlated with DFCF
| Symbol | Company | Correlation |
|---|---|---|
| PST | ProShares Trust UltraShort Lehman 7-10 Year Treasury | -0.88 |
| TYO | Direxion Daily 7-10 Year Treasury Bear 3X ETF | -0.86 |
| TBX | ProShares Short 7-10 Year Treasury | -0.85 |
| TBT | ProShares Trust UltraShort Lehman 20+ Year Treasury | -0.81 |
| TMV | Direxion Daily 20+ Year Treasury Bear 3X ETF | -0.81 |
Frequently asked questions about DFCF correlations
- Which stocks are most correlated with DFCF?
- Based on one year of daily returns, the stocks most correlated with Dimensional Core Fixed Income ETF (DFCF) are CPAG (0.93), AVIG (0.91) and AGG (0.90). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
- Which stocks are inversely correlated with DFCF?
- Over the past year, the stocks most inversely correlated with Dimensional Core Fixed Income ETF (DFCF) are PST (-0.88), TYO (-0.86) and TBX (-0.85). A negative correlation means the two stocks have tended to move in opposite directions.
- What does a correlation of 0.8 mean for a stock?
- Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
- How are these DFCF correlations calculated?
- We compute the correlation of daily returns between DFCF and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
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