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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 American Funds Washington Mutu  vs   Eaton Vance TxMgd Value A
 Compare Fundamentals  
Daily Returns (%)
EATVX   CWMCX   
 
Assuming 30 trading days horizon, American Funds Washington Mutual 529C is expected to generate 0.93 times more return on investment than Eaton. However, American Funds Washington Mutual 529C is 1.08 times less risky than Eaton. It trades about 0.64 of its potential returns per unit of risk. Eaton Vance TxMgd Value A is currently generating about 0.56 per unit of risk. If you would invest  3,399  in American Funds Washington Mutual 529C on April 18, 2013 and sell it today you would earn a total of  218.00  from holding American Funds Washington Mutual 529C or generate 6.41% return on investment over 30 days.

Diversification

Poor diversification
Overlapping area represents amount of risk that can be diversified away by holding American Funds Washington Mutu and Eaton Vance TxMgd Value A in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.76
Parameters
Time Period1 Month [change]
DirectionPositive EATVX Moved Up vs CWMCX
StrengthSignificant
Accuracy77.27%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
EATVX   CWMCX   

American Funds Washington Mutual 529C

 
    
American
Performance
34
Out Of
100
Over 30
Days
66% of all equities and portfolios perform better than American Funds Washington Mutual 529C. Compared with the overall equity markets, risk-adjusted returns on investments in American Funds Washington Mutual 529C are ranked lower than 34 (%) of all global equities and portfolios over the last 30 days.
    

Match ups for American

American Funds Washington Mutual R2 vs. American Funds Washington Mutual 529C
American Funds Washington Mutual R3 vs. American Funds Washington Mutual 529C
American Funds Washington Mutual R5 vs. American Funds Washington Mutual 529C
American Funds Washington Mutual 529E vs. American Funds Washington Mutual 529C
American Funds Washington Mutual F1 vs. American Funds Washington Mutual 529C
American Funds Washington Mutual C vs. American Funds Washington Mutual 529C
American Funds Washington Mutual 529F vs. American Funds Washington Mutual 529C
American Funds Washington Mutual 529B vs. American Funds Washington Mutual 529C
American Funds Washington Mutual A vs. American Funds Washington Mutual 529C
American Funds Washington Mutual R4 vs. American Funds Washington Mutual 529C
  

Eaton Vance TxMgd Value A

 
    
Eaton
Performance
30
Out Of
100
Over 30
Days
70% of all equities and portfolios perform better than Eaton Vance TxMgd Value A. Compared with the overall equity markets, risk-adjusted returns on investments in Eaton Vance TxMgd Value A are ranked lower than 30 (%) of all global equities and portfolios over the last 30 days.
    

Match ups for Eaton

American Funds Washington Mutual R2 vs. Eaton Vance TxMgd Value A
American Funds Washington Mutual R3 vs. Eaton Vance TxMgd Value A
American Funds Washington Mutual R5 vs. Eaton Vance TxMgd Value A
American Funds Washington Mutual 529E vs. Eaton Vance TxMgd Value A
American Funds Washington Mutual F1 vs. Eaton Vance TxMgd Value A
American Funds Washington Mutual C vs. Eaton Vance TxMgd Value A
American Funds Washington Mutual 529F vs. Eaton Vance TxMgd Value A
American Funds Washington Mutual 529B vs. Eaton Vance TxMgd Value A
American Funds Washington Mutual A vs. Eaton Vance TxMgd Value A
American Funds Washington Mutual R4 vs. Eaton Vance TxMgd Value A


 
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