Macroaxis: Personalized Investing

Personalized Investing and

Digital Wealth Optimization

Benchmark  United States  NYSE  10,692   87.77 Index Moved Up 0.83%  


Processing
Collecting data for VAIPX and FBIPX ...

Correlation analysis between Vanguard and Fidelity Correlation analysis between Vanguard and Fidelity

 
Investment horizon:  
  30 Days    Login   to change
  
This module allows you to analyze existing cross correlation between Vanguard InflationProtected Secs Adm and Fidelity Advisor InflProt Bond B. You can compare the effects of market volatilities on Vanguard and Fidelity and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. You can also utilize pair trading strategies of matching a long position in Vanguard with a short position of Fidelity. Please also check ongoing floating volatility patterns of Vanguard and Fidelity.
 Vanguard InflationProtected Se  vs   Fidelity Advisor InflProt Bond
Daily Returns (%)
VAIPX   FBIPX   
 
Benchmark  Embed   Timeline 
Assuming 30 trading days horizon, Vanguard is expected to generate 1.13 times less return on investment than Fidelity. But when comparing it to its historical volatility, Vanguard InflationProtected Secs Adm is 1.07 times less risky than Fidelity. It trades about 0.31 of its potential returns per unit of risk. Fidelity Advisor InflProt Bond B is currently generating about 0.32 of returns per unit of risk over similar time horizon. If you would invest  1,160  in Fidelity Advisor InflProt Bond B on December 31, 2014 and sell it today you would earn a total of  27.00  from holding Fidelity Advisor InflProt Bond B or generate 2.33% return on investment over 30 days.

Correlation Coefficient

0.95

Parameters

Time Period1 Month [change]
DirectionPositive FBIPX Moved Up vs VAIPX
StrengthVery Strong
Accuracy90.48%
ValuesDaily Returns

Diversification

Almost no diversification

Overlapping area represents amount of risk that can be diversified away by holding Vanguard InflationProtected Se and Fidelity Advisor InflProt Bond in the same portfolio assuming nothing else is changed

Historical Performance Chart

Comparative Volatility

Predicted Return Density
 
Benchmark  Embed   Returns 

Vanguard InflationPr

  
Compared with the overall equity markets, risk-adjusted returns on investments in Vanguard InflationProtected Secs Adm are ranked lower than 20 (%) of all global equities and portfolios over the last 30 days.

Pair trading matchups for Vanguard

Vanguard InflationProtected Secs Inv vs. Vanguard InflationProtected Secs Adm
PIMCO Real Return C vs. Vanguard InflationProtected Secs Adm
  

Fidelity Advisor Inf

  
Compared with the overall equity markets, risk-adjusted returns on investments in Fidelity Advisor InflProt Bond B are ranked lower than 21 (%) of all global equities and portfolios over the last 30 days.

Pair trading matchups for Fidelity

Vanguard InflationProtected Secs Inv vs. Fidelity Advisor InflProt Bond B
Vanguard InflationProtected Secs Adm vs. Fidelity Advisor InflProt Bond B
PIMCO Real Return C vs. Fidelity Advisor InflProt Bond B


 

Analytics

Risk Adjusted Returns Landscape
Live Efficient Frontier
Market Correlation Analysis
Watchlist Analysis
Financial Content
Portfolio Estimation and Projections
Portfolio Theme Builder
 
 

Research Modules

Equities Backtesting Analysis
Instant Retirement Optimizer
Cross-portfolio RSS and Mobile Access
Company, fund, and ETF Directory
Financial Advisor Directory
Insider and Manager Directory
Wealth Management
 

Services And Technology

Frequently Asked Questions
Quick Product Tour
Product Technology Overview
Solution Methodology
Plans and Pricing
 

Free Investor Tools

World Market Correlations
Instant Equity Comparator
Watchlist Analysis
Position Suggestions
Equity Alpha Analysis
 

About Us

About Macroaxis
Contact Us
Product Terms Of Use
Service Privacy Policy
Advertising Opportunities