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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 Thornburg International Value   vs   Ivy International Growth A
 Compare Fundamentals  
Daily Returns (%)
IVINX   TGVAX   
 
Assuming 30 trading days horizon, Thornburg International Value A is expected to generate 0.83 times more return on investment than Ivy Internat. However, Thornburg International Value A is 1.21 times less risky than Ivy Internat. It trades about 0.73 of its potential returns per unit of risk. Ivy International Growth A is currently generating about 0.49 per unit of risk. If you would invest  2,772  in Thornburg International Value A on April 18, 2013 and sell it today you would earn a total of  214.00  from holding Thornburg International Value A or generate 7.72% return on investment over 30 days.

Diversification

Poor diversification
Overlapping area represents amount of risk that can be diversified away by holding Thornburg International Value and Ivy International Growth A in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.64
Parameters
Time Period1 Month [change]
DirectionPositive IVINX Moved Up vs TGVAX
StrengthSignificant
Accuracy80.95%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
IVINX   TGVAX   

Thornburg International Value A

 
    
Thornburg
Performance
39
Out Of
100
Over 30
Days
61% of all equities and portfolios perform better than Thornburg International Value A. Compared with the overall equity markets, risk-adjusted returns on investments in Thornburg International Value A are ranked lower than 39 (%) of all global equities and portfolios over the last 30 days.
    

Match ups for Thornburg

Thornburg International Value R5 vs. Thornburg International Value A
Thornburg International Value R6 vs. Thornburg International Value A
Thornburg International Value I vs. Thornburg International Value A
Thornburg International Value C vs. Thornburg International Value A
Thornburg International Value R3 vs. Thornburg International Value A
Thornburg International Value B vs. Thornburg International Value A
Thornburg International Value R4 vs. Thornburg International Value A
Vanguard International Growth Inv vs. Thornburg International Value A
Vanguard International Growth Adm vs. Thornburg International Value A
  

Ivy International Growth A

 
    
Ivy Internat
Performance
27
Out Of
100
Over 30
Days
73% of all equities and portfolios perform better than Ivy International Growth A. Compared with the overall equity markets, risk-adjusted returns on investments in Ivy International Growth A are ranked lower than 27 (%) of all global equities and portfolios over the last 30 days.
    

Match ups for Ivy Internat

Thornburg International Value R5 vs. Ivy International Growth A
Thornburg International Value R6 vs. Ivy International Growth A
Thornburg International Value I vs. Ivy International Growth A
Thornburg International Value C vs. Ivy International Growth A
Thornburg International Value R3 vs. Ivy International Growth A
Thornburg International Value A vs. Ivy International Growth A
Thornburg International Value B vs. Ivy International Growth A
Thornburg International Value R4 vs. Ivy International Growth A
Vanguard International Growth Inv vs. Ivy International Growth A
Vanguard International Growth Adm vs. Ivy International Growth A


 
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