The Search for Non-Correlated Asset Classes

Distribution of Rolling 5 Year Correlations with S&P 500 1999-2014

 
blog18_ver2
Source: Morningstar Direct, May 2014. Past performance is no guarantee of future results. Returns analyzed assume reinvestment of income and no transaction costs or taxes. This is for illustrative purposes only and not indicative of any investment. Indexes are unmanaged baskets of securities that are not available for direct investment by investors. Index performance does not reflect the expenses associated with the management of an actual portfolio.
Continue reading