Better Correlations

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The improvements on Slope don’t stop, even on weekends!

After we introduced the Correlations page, only a couple of days ago, a Sloper wrote me and asked if we could add a dropdown so you could choose the amount of time for the correlations calculation. Done!

dropd

You can instantly see what a big difference this makes. Here, for instance, is the correlation between the S&P and bonds over the past decade:

tenyear

Change it to 3 months, and you get a very different picture:

month

One would assume that the major U.S. equity ETFs would have correlations very close to 1, but this isn’t the case at all over the past half-year:

mo

Here’s a beefier example with my ETF watch list:

BigGrid

I appreciate the flow of suggestions and ideas. That all help to make the site better.